Mr. Rodney Lamond reports

JAGUAR MINING CONFIRMS NO MATERIAL CHANGE

Jaguar Mining Inc., at the request of the Investment Industry Regulatory Organization of Canada, wishes to confirm that its management is not aware of any corporate development, news or undisclosed material change to the company or its operations that would account for the recent volatility in the stock market activity.

About Jaguar Mining Inc.

Jaguar Mining is a gold mining, development and exploration company operating in Brazil with three gold mining complexes and a large land package with significant upside exploration potential from mineral claims covering an area of approximately 192,000 hectares. The company's principal operating assets are located in the Iron Quadrangle, a prolific greenstone belt in the state of Minas Gerais, and include the Turmalina gold mine complex and Caete gold mine complex (Pilar and Roca Grande mines and Caete plant), which combined produce more than 95,000 ounces of gold annually. The company also owns the Paciencia gold mine complex, which has been on care and maintenance since 2012.

We seek Safe Harbor.