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MULTIPLAN EMPREENDIMENTOS IMOBILIRIOS S.A. Publicly-Held Company NIRE 33.3.0027840-1 CNPJ/MF n. 07.816.

890/0001-53 PRESS RELEASE STANDARD & POORS ATTRIBUTES INVESTMENT GRADE TO MULTIPLAN MULTIPLAN EMPREENDIMENTOS IMOBILIRIOS S.A. hereby announces that Standard & Poors attributed an Investment Grade to Multiplan on the global scale, raising the Companys corporate credit rating from BB+ to BBB-, with stable outlook. Multiplan is the first Brazilian company from the real estate and shopping center sectors to receive an investment grade on global scale by Standard & Poors. On the national scale, the credit-rating agency increased Multiplans rating from brAA+ to brAAA, the highest credit rating assigned by Standard & Poor's.

Rio de Janeiro, March 29th, 2012

Armando d'Almeida Neto CFO and Investor Relations Officer

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