CIA DE FERRO LIGAS DA BAHIA - FERBASA (B3: FESA3 e FESA4) hereby informs its shareholders and the market in general, that the Board of Directors’ Meeting on this date, approved the distribution of interest on equity (IOE) totaling R$ 32,439,771.00 (thirty-two million, four hundred and thirty-nine thousand, seven hundred and seventy-one reais).

The interest on equity will be credited with funds from the results of the 3rd Quarter of 2018 and the individual credit will be based on shareholding positions at the close of trading on December 07, 2018 and the Company’s shares will be traded ex-interest-on-equity as of December 10, 2018.

The gross amounts to be credited and paid as IOE will be, respectively, R$ 0.3577927626 for each common share and R$ 0.3935720389 for each preferred share, and the payment will be effected in December 20, 2018, by "Banco Bradesco", Custody Agent of FERBASA’s share, by means of credit in the current bank account of the registered shareholders.

To access the shareholders notice in its entirety: click here (Portuguese only)

Salvador, November 27, 2018

Marcio Lopes Fernandes de Barros