Sent only to CVM and BM&FBOVESPA

Mills announces reduction of ownership

Rio de Janeiro, August 25, 2011 - Mills Estruturas e Servios de Engenharia S.A. (Mills) informs that it received today letter from Ameriprise Financial Inc, with head office at 1099 Ameriprise Financial Center, Minneapolis, MN, 55474, EUA, informing that it reduced the aggregate ownership of common shares of Mills, achieving the threshold of less than 5% of the total voting equity of the Company. The funds under its management collectively reached, direct or indirectly, a total of 6,258,300 common shares, which represents 4.982% of the total common shares of the Company, on August 23, 2011. As informed by Ameriprise Financial Inc, it is the beneficial owner of the equity participation mentioned above, as well as such equity participation is held only for investment purpose and is not aimed at changing the control or the administrative structure of the Company. Furthermore, Ameriprise Financial Inc informed that it does not hold, direct or indirectly, any other shares or any subscription of shares or any subscription of bonus, share subscription rights, options for the purchase of shares or debentures convertible into shares, nor any rights over any such securities other than as mentioned above and that is not a party to any agreement or contract governing the purchase and sale of securities issued by Mills.

For further information, contact: +55-21-2123-3700 ri@mills.com.br

Alessandra Gadelha IR Officer

agadelha@mills.com.br

Camila Conrado Investor Relations

cconrado@mills.com.br

Carolina Henriques Gonalves Investor Relations

cgoncalves@mills.com.br This press release may include declarations about Mills expectations regarding future events or results. All declarations based upon future expectations, rather than historical facts, are subject to various risks and uncertainties. Mills cannot guarantee that such declarations will prove to be correct. These risks and uncertainties include factors related to the following: the Brazilian economy, capital markets, infrastructure, the real estate and oil & gas sectors, among others, and governmental rules that are subject to change without prior notice. To obtain further information on factors that may give rise to results different from those forecast by Mills, please consult the reports filed with the Brazilian Comisso de Valores Mobilirios (CVM).

SP - 108531-00006 - 5115754v1