Bancolombia, Conavi And Corfinsura Merger To Be Completed July 30

In compliance with Resolution 571 of July 14, 2005, issued by the Superintendency of Securities, Bancolombia discloses that the entities intend to issue the public deed by which the merger of Bancolombia, Conavi and Corfinsura (post spin off) will be

By None

In compliance with Resolution 571 of July 14, 2005, issued by the Superintendency of Securities, Bancolombia discloses that the entities intend to issue the public deed by which the merger of Bancolombia, Conavi and Corfinsura (post spin-off) will be completed on July 30, 2005, and request its publication in the commercial register of the Chamber of Commerce of Medellin on August 1, 2005

Additionally, Corfinsura has disclosed its intention to formalize its spin-off on July 29, 2005, through the issue of the spin-off’s public deed and the request for its publication in the commercial register of the Chamber of Commerce of Medellin.

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