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Material Fact

Official Letter 3140/2015-SAE
Reverse Stock Split Schedule

São Paulo, November 6, 2015 - Contax Participações S.A. ("Contax" or "Company"), pursuant to paragraph 4 of article 157 of Law 6,404/76 and CVM Instruction 358/02, in attention to Official Letter 3140/2015-SAE received by the Company, and in continuation of the Material Fact disclosed on October 23, 2015, hereby presents the schedule with the procedures for the reverse stock split (attachment), in compliance with the BM&FBOVESPA’s Regulations for the Listing of Issuers and Admission of Securities for Trading and Issuer Manual, regarding the rule for the quotation of shares issued by the Company.

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José Roberto Beraldo
CFO and Investor Relations Officer