Empresa de Energia de Bogota ESP : CHANGES TO EEB BOARD OF DIRECTORS DURING EXTRAORDINARY MEETING OF THE GENERAL SHAREHOLDERS ASSEMBLY

Bogota, D.C., January 15, 2016. During a special meeting held this morning, the General Shareholders Assembly of Empresa de Energía de Bogota - EEB - , parent company of Grupo Energía de Bogota, modified the composition of its Board of Directors.

The foregoing change is the result of the powers vested upon the Shareholder's Assembly to meet and define issues of extraordinary nature when deemed necessary.

Hence, the Capital District of Bogota, as the main shareholder of EEB, holding a stake of 76.28%, decided to summon its shareholders to a special meeting in order to elect new members to the Board of Directors.

The new Board will be as follows:

** Independent members

Empresa de Energía de Bogotá has a sound roadmap endorsed by its Board of Directors. 'Investment plans are being fully met and in accordance with the established timetable. This is further evidenced by the results of the company during the past four years; and we trust that such results continue throughout 2016' stated Mr. Ricardo Roa Barragán, EEB`s CEO.

Today, Grupo Energía de Bogotá is among the leading corporations in the energy sector in the Americas and as a result, during the past three years the main risk rating agencies have improved EEB ́s debt and risk perspective ratings. Furthermore, its management has been acknowledged in an array of fields; in 2015 it was included for the fourth consecutive year in the Dow Jones Sustainability Index for Emerging Markets (DJSI), it was awarded the IR acknowledgement, granted by the Colombian Securities Exchange (BVC - for its Spanish acronym) on account of good business practices in Investors Relations and in addition, the company is among the six companies with lower corruption risk, according to the Corporate Transparency Measurement for public utility companies conducted by Transparencia por Colombia in 2015.

About Grupo Energía de Bogotá

Grupo Energia de Bogota is the leading corporation in the Colombian power sector. Through EEB it transports electricity to the most significant markets in terms of demand and size in the country and participates in the distribution of electricity. It controls nine affiliate companies and directly performs the activity of electricity transportation in Colombia, in a market with the highest demand in the country. In the electricity chain in Colombia, it participates in the distribution of electricity via Empresa de Energía de Cundinamarca - EEC. In addition, it controls the largest natural gas carrier in Colombia, TGI S.A with a stake of 47.6% within the market, including an extension of 3,957 Kms. in gas pipelines services highly populated areas in Colombia such as Bogota, Medellin, Bucaramanga, the Coffee Region and the Llanos Foothills. In Peru, its company CONTUGAS has a 30-year concession for the transportation and distribution of natural gas in the Ica Department, likewise with its company CALIDDA, it distributes natural gas in the regions of Lima and Callao. In that same country, together with ISA, it holds stocks in REP S.A. and TRANSMANTARO S.A., which operate 63% of the electricity transmission system in Peru. In 2010, it established TRECSA - Transportadora de Centroamérica S.A.- in charge of building the most important infrastructure Project in Guatemala and will render electricity transmission services as of 2014. Furthermore, GEB holds an investment portfolio in important companies in the electric power sector, in which the following stand out, CODENSA S.A., EMGESA S.A., GAS NATURAL S.A., PROMIGAS S.A. and Electrificadora del Meta - EMSA and to a lesser extent ISA and ISAGEN. As of 2013, the Group renders advisory and engineering services in Guatemala and Peru through its affiliate EEB Ingeniería y Servicios. Also, in 2014 it created the company Empresa de Movilidad de Bogotá SAS E.S.P., affiliate company dedicated exclusively to developing electric power mobility projects. In August 2015, EEB completed the acquisition of 51% of four electric power transmission companies in Brazil, namely: Transenergia Renovavel S.A., Transenergia Sao Paulo S.A., Goias Transmisssao S.A., y MGE Transmissao S.A

More information:

Jorge Armando Riaño Delgado
EEB External Communications Adviser Telephone. 57 1 3268000 ext. 169 jriano@eeb.com.co

EEB - Empresa de Energía de Bogotá SA ESP issued this content on 2016-01-15 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-18 14:45:03 UTC

Original Document: http://www.eeb.com.co/en/news-room/press-releases/2016/changes-to-eeb-board-of-directors-during-extraordinary-meeting-of-the-general-shareholders-assembly