Klabin S.A. CNPJ/ MF: No 89.637.

490/0001-45 Publicly-held Company

Notice to the Market

Klabin S.A. (Company) hereby informs its shareholders and the market in general that at Shareholders Meeting held on this date, the split of shares issued by the Company was approved at the ratio of one (1) existing share to five (5) shares of the same type and class. Therefore, the capital stock of the Company shall be represented by four billion, seven hundred twenty-nine million, seven hundred and eighty-nine thousand, five hundred and thirty-five (4,729,789,535) shares, being one billion, six hundred eighty-four million, eight hundred ninety-seven thousand, eight hundred fifty (1,684,897,850) common shares and three billion, forty-four million, eight hundred ninety-one thousand, six hundred eighty-five (3,044,891,685) preferred shares. The approval of the proposed split of shares will not result in any financial modification to the amount of the capital stock of the Company, since the shares issued under the split of shares will grant their holders the same rights as the shares already owned. The Company also informs that the new shares arising from the split of shares that are represented by units of the Company (Units) will be automatically deposited and new Units will be issued. Thus, holders of Units will receive four (4) additional new Units for each one (1) Unit held by them. Companys shares and Units will be traded with the right to receive new shares and Units arising from the split of shares until March 24th, 2014, included; and will be traded without the right to receive new shares and Units arising from the split of shares from March 25th, 2014, included. Accordingly, the limit of the authorized capital, which is set based on number of shares, will be adjusted at the same ratio of the split, from one billion, one hundred and twenty million (1,120,000,000) shares to five billion and six hundred million (5,600,000,000) shares. So Paulo, March 20th, 2014. Klabin S.A. Antonio Sergio Alfano Chief Financial Officer and Investor Relations Officer