Banco Compartamos Informs Regarding Tabasco and Chiapas Floods

MEXICO CITY, Nov. 15 /PRNewswire-FirstCall/ -- Banco Compartamos, S.A. ("Compartamos" or "the Bank") (BMV: COMPART) today informed regarding the situation of the Bank with respect to the flooding that took place in the states of Tabasco and Chiapas during the first week of November. Compartamos has service offices in the affected areas of the state of Tabasco; however, it is not present in the affected areas in Chiapas.

After carrying out the normal evaluation proceedings, including client and loan officer surveys as well as physical inspections to determine the damages to client assets and damage to the area's infrastructure, the Bank informs the following:

-- Compartamos has 8 service offices located in Tabasco, 3 of which are considered to be significantly affected. -- The loan portfolio in the state of Tabasco represents 5% of the total loan portfolio; 31% of the loan portfolio in this state, or 10,435 clients, were affected to some degree, -- from minimal to grave -- equivalent to 1.4% of Compartamos' total loan portfolio. -- As a result of the damages to client businesses and assets due to the flooding, the Bank expects an increase in the non-performing loan (NPL) ratio. However, for year-end, Compartamos does not expect the NPL ratio to exceed 20 basis points of the total loan portfolio. -- According to the client surveys collected and the utilization of historical information based on similar past events, the maximum expected loss is approximately Ps. 4 million, which may be applied to future non-recoverable loans. This represents 2.3% of the portfolio in the state of Tabasco and 0.1% of the total loan portfolio, both as of September 2007. -- Compartamos will not suspend the granting of loans in the region. The Bank's goal is to support Tabasco in its economic resurgence. In addition, Compartamos has taken the following measures: 1) granting additional loans to affected clients in order to assist them in normalizing their economic activity, 2) not charging late payment fees to affected customers, and 3) increasing the flexibility for renewing loans for current clients.

Compartamos is also coordinating efforts to channel aid for employees and clients of the Bank. This aid includes donations, both in terms of needed items as well as cash, which were collected from the Bank's employees located throughout the country.

Company Description

Banco Compartamos, S.A., a Mexican bank specialized in microfinance, is the largest lender to microbusiness owners in Latin America. Established in 1990 and headquartered in Mexico City, Compartamos provides small loans to low-income Mexican individuals and business owners, such as craft manufacturers, food vendors and other small businesses. With coverage in over 90% of Mexico, Compartamos works with local and international lenders to secure financing to these market segments, which are currently underserved.

Banco Compartamos shares began trading on the Mexican Stock Exchange on April 25, 2007 under the ticker symbol "COMPART".

Note on Forward-Looking Statements

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates," "believes," "estimates," "expects," "plans" and similar expressions, as they relate to the company, are intended to identify forward- looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

For more information, visit http://www.compartamos.com.mx/ or contact: Fernando Alvarez Toca, Chief Financial Officer Maria Teresa Chavira, Investor Relations Banco Compartamos S.A. Insurgentes Sur 553 Mexico City, Mexico Tel: [phone] / [e-mail] Relations firm in New York: Maria Barona / Kenia Vargas i-advize Corporate Communications, Inc. 82 Wall Street, 805, New York, NewYork Tel: [phone]