bd7d58f5-3722-4b1e-b28b-eb68aca9221e.pdf


BANCOLOMBIA S.A. ANNOUNCES THE SALE OF ITS MINORITY STAKE IN CIFIN S.A


Medellin, Colombia, February 9, 2016


Bancolombia entered into an agreement with TransUnion Netherlands II B.V., for the sale by Bancolombia of 100% of its stake in Cifin S.A ("Cifin"), an entity classified as a Technical and Administrative Services Company and accredited as a provider of financial, credit, commercial information and services.


Yesterday, Bancolombia sold 106.504 common shares of Cifin for a total amount of COP$629.563,37 per share, amount received today, which, together with the stakes sold by the other shareholders party the sale agreement, represents in the aggregate a 71% stake in Cifin.


The financial entities selling their shares seek a strategic investor with experience and international knowledge, looking to generate added value to this company, by incorporating new knowledge, advanced technologies and better international practices in the analysis of credit information, credit risk management, and money laundering, among others.



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 issued this content on 09 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 February 2016 08:25:08 UTC

Original Document: http://www.grupobancolombia.com/wps/wcm/connect/1f698f6f-eec2-4439-9c1e-1e012cb06544/Bancolombia+announces+the+sale+of+Cifin.pdf?MOD=AJPERES