Share Conversion

Banco do Estado do Rio Grande do Sul S.A. (Banrisul), considering the option to convert its class A preferred (PNA) shares into common (ON) shares or class B preferred (PNB) shares issued by the Company, hereby notifies, for knowledge and disclosure, that, after conversion of 200 (two hundred) class A preferred shares into common shares, the Company's capital stock was altered, as shown below:

Capital Stock as of January 10, 2018date of last modification.
Common Shares: 205,058,782
Class A Preferred Shares: 3,513,964
Class B Preferred Shares: 200,402,731
Total 408,974,477
Capital Stock after Conversions as of January 17, 2018.
Common Shares: 205,058,982
Class A Preferred Shares: 3,512,764
Class B Preferred Shares: 200,402,731
Total 408,974,477

Porto Alegre, January 17, 2018.

Ricardo Richiniti Hingel
CFO and Investor Relations Officer
Banco do Estado do Rio Grande do Sul S.A. - Banrisul

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BANRISUL - Banco do Estado do Rio Grande do Sul SA published this content on 17 January 2018 and is solely responsible for the information contained herein.
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