RAIA DROGASIL S.A. AUTHORIZED PUBLICLY-HELD COMPANY CNPJ nº 61.585.865/0001-51 MARKET ANNOUNCEMENT

In compliance with Rule 358 of January 3, 2002 of the Securities and Exchange Commission of Brazil ("CVM") and amendments thereto, Raia Drogasil S.A. ("Company") announces to its shareholders and the general market that, pursuant to CVM Rule 384 of March 17, 2003, on January 2, 2012, the Company entered into a market maker agreement with Itauvest DTVM S.A., a company inscribed in the corporate taxpayers register (CNPJ/MF) under number
92.880.749/0001-99, located at Pça. Alfredo Egydio Souza Aranha, 100 - T. Conceicao 7 andar, in the city and state of São Paulo, ("Agreement", "ITAUVEST" and "Market Maker", respectively).The objective of said agreement is to increase the liquidity of the common shares issued by Raia Drogasil S.A. ("Company") and traded on BM&FBOVESPA. The Agreement is initially for one year and may be renewed for a similar period or terminated by either party through a written notice thirty (30) days in advance. The Market Maker's activities will begin on January 13, 2012. The Company also informs that on the date of the Agreement, its capital consisted of 330,386,000 common shares, 190,259,554 of which were outstanding.

São Paulo, January 12, 2011 EUGÊNIO DE ZAGOTTIS

Investor Relations Officer

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