BANCOLOMBIA S.A. ANNOUNCES SALE OF SHARES WITHOUT CHANGE IN BENEFICIAL OWNERSHIP

Medellín, Colombia, December 24, 2013
BANCOLOMBIA S.A. transferred through a sale to C.F.N.S Infraestructura S.A.S two million five hundred fifteen thousand three hundred and thirty-seven (2,515,337) common shares representing
9.90% of the issued and outstanding shares of Administradora de Fondos de Pensiones y
Cesantías Protección S.A.
The purchase price was up to COP $70.000 per share, paid in cash.
The sale was duly authorized by the Bank's Board of Directors, and its effect on the Bank's
consolidated financial statements is neutral.

Contacts

Jaime A. Velásquez

Jose Humberto Acosta

Alejandro Mejía

Strategy and Finance VP

Financial VP

IR Manager

Tel.: (574) 4042199

Tel: (571) 4885934

Tel.: (574) 4041837

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