Merger between Bancolombia, Conavi and Corfinsura (Colombia)

The merger between BANCOLOMBIA, CONAVI and CORFINSURA (post spin-off) was completed today, by issue of public deed No. 3974 of Notary Public 29 of Medellin.
As a result of the merger, BANCOLOMBIA, as the surviving entity, acquired all of the assets, rights, liabilities and obligations of CONAVI and CORFINSURA, entities that will be dissolved without being liquidated.
BANCOLOMBIA will request publication of the public deed in the commercial register of the Chamber of Commerce of Medellin on August 1, 2005.