Bancolombia S.A. : January 28, 2013 Bancolombia S.A. announces call for general shareholders meeting and profit distribution proposal Download

BANCOLOMBIA S.A. ANNOUNCES CALL FOR GENERAL SHAREHOLDERS MEETING AND PROFIT DISTRIBUTION PROPOSAL

Medellin, Colombia, January 28 2013
The Board of Directors of Bancolombia S.A. ("Bancolombia") decided the following in a meeting
held today:

General Shareholders Meeting of Bancolombia S.A.

Called the General Shareholders Meeting to be held on March 4, 2013, at 10:00 a.m. at the
Intercontinental Hotel located at Calle 16 N° 28 - 51 Km 5 Via Las Palmas, Medellín, Colombia.

Profits Distribution Project

Decided to propose at the General Shareholders Meeting a dividend, equivalent to COP$754 per share to be paid as follows: COP$188,50 per share and per quarter, on the first business day of each quarter (April 1st, July 2nd, October 1st of 2013 and January 2nd of 2014).
The proposal also includes an increase of COP$1.213.521.614.881,33 in legal reserves which will allow Bancolombia S.A. to enhance its capital structure in accordance with new regulatory requirements established in Colombia for credit institutions and to take into account the growth of business entities.

Contacts
Sergio Restrepo Capital Markets VP Tel.: [phone]	Jaime A. Velásquez Strategy and Finance VP Tel.: [phone]	Jose Humberto Acosta Financial VP Tel: [phone]	Alejandro Mejía IR Manager Tel.: [phone]