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Material Fact

Recife, March 12, 2018, Ser Educacional (B3 SEER3, Bloomberg SEER3:BZ and Reuters SEER3.SA), one of the largest private education groups in Brazil and the leader in the Northeast and North regions, in compliance with the provisions of CVM Instructions No. 358, of January 3, 2002, as amended, and No. 567, of September 17, 2015, and of Paragraph 4 of Article 157 of Law 6404, of December 15, 1976, as amended ("Brazilian Corporation Law"), given the news report disclosed by the media, announces to its shareholders and the market in general that:

The Company always assess opportunities that can create value for its shareholders and its business. Therefore, we have recently started to negotiate with representatives of Nilza Cordeiro Herdy de Educação e Cultura S/S Ltda ("UNIGRANRIO") to sign a Purchase and Sale Agreement ("Agreement") with the said teaching institution.

However, the Company informs that these negotiations have not been concluded yet and that it does not have any binding documents signed with UNIGRANRIO’s maintainers nor the authorization by its Board of Directors to sign such Agreement. Thus, there is no guarantee that the negotiation for the acquisition of UNIGRANRIO will be successfully completed.

The Company will keep its shareholders and the market in general up to date on any additional information on this subject matter..

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