BANCOLOMBIA ANNOUNCES PRICING OF OFFERING OF NON-VOTING PREFERRED
SHARES ("PREFERRED SHARES")
Medellín, Colombia, March 3, 2014
Today, the Banks' Board of Directors has set the subscription price for the 110 million Preferred
Shares publicly offered in Colombia as a result of a book building process.
The subscription price for each Preferred Share is Twenty Four Thousand Two Hundred pesos
(COP 24,200).
When the offer book closed, the total amount of bids presented by investors amounted to
294,786,431 million Preferred Shares equivalent to approximately 2.7 times the offered amount.
Of the total 110 million Preferred Shares to be issued, 82,444,518 million shares will be allocated to investors who exercised preemptive rights at a price that is equal or higher than the subscription price set by Bancolombias' Board of Directors.
Additionally, the Bank has filed the final prospectus with the Colombian Superintendency of Finance (Superintendencia Financiera de Colombia), the Colombian National Registry of Securities and Issuers (Registro Nacional de Valores y Emisores) and the Colombian Stock Exchange (Bolsa de Valores de Colombia).
The Preferred Shares allocation information will become available on March 10th and can be obtained with the local broker dealers through which investors placed their orders and at the Bank´s web site www.grupobancolombia.com/atunombre.
The Preferred Shares will not be and have not been registered under the Securities Act of 1933 (the "Act"), and may not be sold nor offered in the United States or to any U.S. Person, as defined in the Regulation S of the Act, absent registration or an applicable exemption to the registration requirements. This press release shall not be construed as an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of the Preferred Shares in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
Contacts
Jaime A. Velásquez Strategy and Finance VP Tel.: (574) 4042199
Bancolombia S.A. (Bancolombia) is a financial institution engaged in providing a range of financial products and services to a diversified individual, corporate, and government customer base throughout Colombia, Latin America and the Caribbean region. The Bank operates through 10 segments: Banking Colombia, Banking Panama, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Off Shore and All other. It delivers its products and services through its regional network comprising Colombia's non-Government owned banking network, El Salvador's financial conglomerate by gross loans, Guatemala's bank, Panama's bank and off-shore banking subsidiaries in Panama, Cayman and Puerto Rico, as well as subsidiaries in Peru. The Bank and its subsidiaries offer Savings And Investment, Ahorro A La Mano, Financing, Mortgage Banking, Factoring, Financial and Operating Leases, Capital Markets, eTrading, Cash Management, Foreign Currency, Bancassurance, Investment Banking and Trust Services.
BANCOLOMBIA S.A. 
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