BRF S.A. ANNOUNCES TENDER RESULTS AND EXPIRATION TIME OF THE CASH TENDER OFFERS FOR ANY AND ALL OUTSTANDING 7.250% SENIOR NOTES DUE 2020 ISSUED BY BFF INTERNATIONAL LIMITED, UNCONDITIONALLY AND IRREVO

SAO PAULO, Sept. 14, 2016

The tables below summarize the results of the Tender Offers and the aggregate principal amount of the Notes to remain outstanding:

Notes	Aggregate Principal Amount Outstanding	Purchase Price(1)	Aggregate Principal Amount Validly Tendered and Accepted for Purchase(2)	Aggregate Principal Amount Outstanding Giving Effect to Settlement of the Tender Offers(2) ARIVA.DE Börsen-Geflüster Kurse Brasil Foods ADR 3,45 $ +2,37%
7.250% Senior Notes due 2020 (05540KAA9 / G3400TAA7 / US05540KAA97/ USG3400TAA72)	U.S.$118,283,000	U.S.$1,127.50	U.S.$32,183,000	U.S.$86,100,000
5.875% Senior Notes due 2022 (10552TAA5/ P1905C AA8 / US10552TAA51 / USP1905CAA82)	U.S.$172,870,000	U.S.$1,105.00	U.S.$54,208,000	U.S.$118,662,000
(1)  The amount to be paid for each U.S.$1,000 principal amount of Notes validly tendered and accepted for purchase. In addition, accrued and unpaid interest will be paid from and including the last interest payment date for such series of Notes up to, but not including, the Settlement Date.
(2)  Not including U.S.$145,000 in aggregate principal amount of 2020 Notes that had been submitted pursuant to the Notice of Guaranteed Delivery, for which the delivery of Notes must be made by no later than 5:00 p.m., New York City time, on Friday, September 16, 2016.

Upon the terms and subject to the conditions of the Tender Offers set forth in the Offer Documents, all Notes validly tendered and not validly withdrawn at or prior to the Expiration Time have been accepted for purchase and will be paid in full by BRF on the Settlement Date. All Holders who validly tendered and did not validly withdraw their Notes at any time at or prior to the Expiration Time will receive the applicable Purchase Price. In addition, holders whose Notes are purchased in the Tender Offer will be paid accrued and unpaid interest on their purchased Notes from the last interest payment date up to, but not including, the Settlement Date.

Payment by BRF for Notes tendered and accepted for payment pursuant to a Notice of Guaranteed Delivery is expected to occur on the Settlement Date, subject to, and after, receipt by the tender agent of a properly completed and duly executed Letter of Transmittal and all other documents required by the Letter of Transmittal, no later than the close of business on Friday, September 16, 2016, the second business day after the Expiration Time, all as provided in the Offer to Purchase.

The information agent and tender agent for the Tender Offers is D.F. King & Co., Inc. To contact the information agent and tender agent, banks and brokers may call +1 (212) 269-5550, and others may call U.S. toll-free: +1 (888) 605-1958 or email brf@dfking.com. Additional contact information is set forth below.

Copies of each of the Offer Documents are available at the following web address: www.dfking.com/brf.

Any questions or requests for assistance or for additional copies of this notice may be directed to the dealer managers at their respective telephone numbers set forth below or, if by any Holder, to such Holder's broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Tender Offers.

The dealer managers for the Tender Offers are:

This notice does not constitute or form part of any offer or invitation to purchase, or any solicitation of any offer to sell, the Notes or any other securities in the United States or any other country, nor shall it or any part of it, or the fact of its release, form the basis of, or be relied on or in connection with, any contract therefor. The Tender Offers are made only by and pursuant to the terms of the Offer Documents, and the information in this notice is qualified by reference to the Offer Documents.

***

José Alexandre Carneiro Borges
Chief Financial Officer and Investor Relations Officer
BRF S.A.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/brf-sa-announces-tender-results-and-expiration-time-of-the-cash-tender-offers-for-any-and-all-outstanding-7250-senior-notes-due-2020-issued-by-bff-international-limited-unconditionally-and-irrevocably-guaranteed-by-brf-sa--300328411.html

SOURCE BRF S.A.