CENCOSUD S.A. Santiago April 4, 2016
With regard to the dividend proposal to be submitted for approval of the shareholders at the next Annual Shareholders Meeting to be held on April 29, 2016, as reported as Material Fact issued last Friday, April 1, the Company makes available the following Information of Interest:
The funds for the payment of extraordinary dividend proposed for an approximate amount of CLP$142,000 million comes from the sale of non-core assets the Company has been executing and represents less than 40% of the total estimated value of assets considered in that process. Therefore, these resources are extraordinary, were not included in the financial plan and organic growth of the Company and no additional debt will be required, as these are funds that will be available in full prior to the date of payment of such dividends.
Thus, the plans to continue strengthening the financials and profitability of the businesses announced in our Guidance for 2016 remain in full force.
Cencosud SA issued this content on 15 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 April 2016 23:29:33 UTC
Original Document: http://investors.cencosud.com/files/doc_news/EN/2016/Info-Interes-abril-2016-ENG.pdf
