BRF S.A.: Announcement to the Market

                     BRF S.A.: Announcement to the Market

PR Newswire

SAO PAULO, May 15, 2013

SAO PAULO, May 15, 2013 /PRNewswire/ -- BRF S.A. ("BRF" - BM&FBovespa: BRFS3;
NYSE: BRFS) announces that today it priced international offerings of (i) 10
(ten) year bonds in the aggregate amount of U.S.$500 million (the "USD Bonds")
and (ii) 5 (five) year bonds in the aggregate amount of R$500 million (the
"BRL Bonds" and, together with the USD Bonds, the "Bonds") (collectively, the
"Offerings").

The USD Bonds, which will mature on May 22, 2023, will be issued with a coupon
of 3.95% per year (yield to maturity 4.135%), payable semi-annually beginning
on November 22, 2013.

The BRL Bonds, which will mature on May 22, 2018, will be issued with a coupon
of 7.75% per year (yield to maturity 7.75%), payable semi-annually beginning
on November 22, 2013.

The Bonds will be senior unsecured obligations of BRF and rank pari passu with
other senior unsecured indebtedness of BRF.

BRF intends to use the proceeds of the Offerings to extend its debt maturity
profile by refinancing short- and medium-term maturity indebtedness and for
general corporate purposes.

The Bonds have not been and will not be registered under the U.S. Securities
Act of 1933, as amended, or the "Securities Act," and may not be offered or
sold in the United States of America absent registration or an applicable
exemption from registration requirements. The Bonds are being sold exclusively
to qualified institutional investors, as defined under Rule 144A of the
Securities Act, and to non-U.S. persons pursuant to Regulation S under the
Securities Act. The Bonds have not been, and will not be, registered with the
Brazilian Securities and Exchange Commission (Comissao de Valores Mobiliarios
- CVM). The Bonds may not be offered or sold in Brazil, except in
circumstances that do not constitute a public offering or unauthorized
distribution under Brazilian laws and regulations. The Bonds are not being
offered into Brazil. BRF intends to apply for listing of the Bonds on the
Luxembourg Stock Exchange for trading on the Euro MTF Market, subject to
approval by the same.

This announcement does not constitute an Offering to sell Bonds nor a request
for Offerings to purchase the Bonds, nor shall any offer or sale of these
Bonds take place in any state or jurisdiction in which such Offering is
prohibited, under the securities laws of that state or jurisdiction.

CONTACT: Investor Relations Team, +55-11-2322-5061

SOURCE BRF S.A.