RESOLUTIONS FROM THE SUPERINTENDENCY OF FINANCE BANCOLOMBIA S.A. ANNOUNCES AUTHORIZATION TO ACQUIRE THE ASSETS, LIABILITIES AND CONTRACTS OF FACTORING BANCOLOMBIA S.A.

Medellín, Colombia, September 3, 2014
Bancolombia S.A. ("Bancolombia") announces that, pursuant to resolution N° 1464 issued on August 26, 2014, and notified today, the Colombian Superintendency of Finance (Superintendencia Financiera de Colombia) authorized the transfer by Factoring Bancolombia S.A. of all its assets, liabilities and contracts to Bancolombia , its parent company.
The closing of this operation is expected to occur in October 2014.

Contacts

Jaime A. Velásquez Strategy and Finance VP Tel.: (574) 4042199

Jose Humberto Acosta

Financial VP

Tel: (571) 4885934

Alejandro Mejía

IR Manager

Tel.: (574) 4041837

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