MEDELLIN, Colombia, Feb. 20 /PRNewswire-FirstCall/ -- In accordance with Decree 3139 of 2006, Bancolombia S.A. ("Bancolombia") hereby informs that on February 7, 2008, the Superintendency of Corporations issued Resolution No. 230-000397, whereby it imposed a fine to Bancolombia for the amount of Ps. 1,600,000 (Approximately US$ 846.2)(1) due to a late report of information to the Central Bank ("Banco de la Republica") related to foreign investment. (1) Exchange rate February 20, 2008 Ps 1,890.74 = US$ 1 DATASOURCE: Bancolombia S.A. CONTACT: Sergio Restrepo, Executive VP, +011-574-5108668, or Jaime A. Velasquez, Financial VP, +011-574-5108666, or Juan Esteban Toro, IR Manager, +011-574-5108866, all of Bancolombia Web site: http://www.bancolombia.com.co/

Copyright