MEDELLIN, Colombia, Dec. 28 /PRNewswire-FirstCall/ -- In compliance with Colombian Decree 3139 of 2006, and as duly authorized by the General Shareholders Meeting and the Board of Directors, Bancolombia S.A. ("Bancolombia") announces that today it made donations in a total amount of Ps 19,642,813,647.46. Bancolombia will try to obtain an additional income tax deduction of up to 25% of the amount of such donations in accordance with the terms of Colombian tax regulations currently in effect.
The detailed list of the donated assets, their commercial value and the name of the beneficiary entities which contribute to social development, protection and welfare, culture, civic-mindedness, charity, health and/or education is available at Bancolombia's website at http://www.bancolombia.com.co/ . Bancolombia does not have any commercial relations with such beneficiary entities except for those related to the rendering of financial services.
