BANCOLOMBIA AND LEASING BANCOLOMBIA ANNOUNCE THE NON-OBJECTION OF THE SUPERINTENDENCE OF FINANCE OF COLOMBIA REGARDING THE MERGER PROCESS BETWEEN BOTH COMPANIES

Medellin, Colombia, September 19, 2016

Bancolombia and Leasing Bancolombia announce that the Superintendence of Finance of Colombia through the Resolution 1171 of September 16, 2016 declared its non-objection to the merger process pursuant to which Bancolombia will absorb its subsidiary Leasing Bancolombia Compañia de Financiamiento (absorbed company), which was announced to the public last June 20th, 2016.

After this announcement, the merger proposal will be presented to the shareholders of both companies for their approval at the Shareholders' meetings called for September 20, 2016.

Contacts

Jaime A. Velásquez

Jose Humberto Acosta

Alejandro Mejía

Strategy and Finance VP Tel.: (574) 4042199

Financial VP

Tel: (571) 4885934

IR Manager

Tel.: (574) 4041837

Bancolombia SA published this content on 19 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 September 2016 07:13:02 UTC.

Original documenthttp://www.grupobancolombia.com/wps/wcm/connect/74fd5ae5-7b5b-4d45-828e-08c9ee663375/Bancolombia+and+Leasing+announce+No+objection.pdf?MOD=AJPERES&CVID=lt7F-ks

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