www.cencosud.com

CENCOSUD Opens 1 Department Store in Peru Santiago, Chile, November 25, 2013 - CENCOSUD (NYSE: CNCO; BCS: CENCOSUD) a leading South American retailer with operations in Chile, Argentina. Brazil, Peru and Colombia, today announced the opening of one Paris Department Store.

CENCOSUD is pleased to announce the opening of a new Paris Department Store on November 21 in Peru. The Paris store is located in the city of Arequipa with 3,543 m2 of selling space. This store marks our second opening in the Andean nation´s second largest city. The store completes Cencosud´s plan to reach five stores in the country by the end of
2013. With this latest addition Cencosud comes to operate 82 Department Stores in the region.

About CENCOSUD

CENCOSUD is a leading multi-brand retailer in South America, headquartered in Chile and with operations in Chile, Brazil, Argentina, Peru and Colombia. The company operates in supermarkets, home improvement, shopping centers and department stores, always aiming to deliver the right product at the right price to Latin America's growing middle class. In 2012 the company listed American Depositary Receipts (ADRs) on the New York Stock Exchange.

Investor Relations

Marisol Fernández León

IR Manager

Phone +562 2959 0545

mariasoledad.fernandez@cencosud.cl

Natalia Nacif

IR Analyst

Phone +562 2959 0368

natalia.nacif@cencosud.cl

Ignacio Reyes

IR Analyst

Phone +562 2959 0804

Ignacio.reyesmiranda@cencosud.cl

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