MEDELLIN, Colombia, Aug. 20 /PRNewswire-FirstCall/ -- Today, Bancolombia S.A. ("Bancolombia") announced the issuance and offering of Bonos Ordinarios Bancolombia (the "Bancolombia Ordinary Notes"). This issuance and offering is the second of multiple and successive issuances of global Bancolombia Ordinary Notes which are limited to an aggregate principal amount of one trillion five hundred billion Colombian pesos (Ps. 1,500,000,000,000) (the "Second Offering"). In the Second Offering, Bancolombia will issue and offer four hundred thousand (400,000) Bancolombia Ordinary Notes with an aggregate principal amount of four hundred billion pesos (Ps. 400,000,000,000), and up to six hundred thousand (600,000) Bancolombia Ordinary Notes with an aggregate principal amount of six hundred billion pesos (Ps. 600,000,000,000) if the over-allotment option is exercised in full. The announcement of the Second Offering was reported in exhibit no. 154 of the Boletin Diario de la Bolsa de Valores de Colombia (the daily report of the Colombian Stock Exchange). Duff & Phelps de Colombia S.A. rated the Second Offering as AAA. DATASOURCE: Bancolombia S.A. CONTACT: Sergio Restrepo, Executive VP, +574-5108668, Jaime A. Velasquez, Financial VP, +574-510-8666, or Juan Esteban Toro, IR Manager, +574-510-8866, all of Bancolombia S.A. Web site: http://www.bancolombia.com.co/

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