MEDELLIN, Colombia, Oct. 27 /PRNewswire-FirstCall/ -- In response to a request of the Superintendency of Finance of Colombia, BANCOLOMBIA announced today that 0.82% of its outstanding shares were traded on the Colombian Stock Exchange, including common shares and preferred shares without voting rights. Also, ADRs representing approximately 0.41% of BANCOLOMBIA's outstanding shares were traded today on the New York Stock Exchange.
After consulting with the its major shareholders, BANCOLOMBIA confirmed that currently there is no purchase or sale agreement, pending negotiations or intention of its major shareholders to sell their participation in BANCOLOMBIA. On October 6, 2006, BANCOLOMBIA requested that the Superintendency of Finance of Colombia investigate the origin of related rumors.
