Compartamos Banco Announces General Ordinary and Extraordinary Shareholders' Meeting

MEXICO CITY, April 2 /PRNewswire-FirstCall/ -- Banco Compartamos, S.A. ("Compartamos") (BMV: COMPART) announced that, as per the Company's Board of Directors' resolution adopted at the meeting held on February 24, 2009, and in accordance with Article 20 of Compartamos by-laws, as well as Article 183 of Mexican Corporate Law, Compartamos invites the Company's shareholders to a General Ordinary and Extraordinary Shareholders' Meeting on Monday, April 20, 2009 at 4:00 pm CT, at Insurgentes Sur No. 553, 1st Floor, Colonia Escandon, Zip Code 11800, Mexico City, Mexico, to discuss the following:

Ordinary Shareholders' Meeting Agenda I. Resolutions regarding the Board of Directors' report, in accordance with Article 172 of the Mexican Corporate Law and the requirements of the Mexican Securities Market Law that apply. II. Resolutions regarding the application of 2008 net income. III. Report regarding the Company's compliance with its tax obligations, in accordance with Section XX of Article 86 of the Income Tax Law. IV. Resolutions regarding an employee shares options program. V. The appointment of the members of the Board of Directors, approval of their remuneration and certification of independence level. Appointment of examiners. VI. Designation of members of the Company's Auditing Committee. VII. Designation of delegates. Extraordinary Shareholders' Meeting Agenda I. Resolutions with respect to the reform of the second article of the Company's by-laws. II. Designation of delegates.

To attend the meeting, shareholders must submit to the Corporate Secretary, no more than two days prior to the meeting, proof of deposit with respect to the shares issued by any of the depositary institutions regulated by the Mexican Securities Law, in addition to, in its case, the list mentioned in Article 290 of the aforementioned law. The proof of deposit should indicate the holder's name, the amount of shares deposited in the depositary institution, the number of certificates and the date of the shareholders' meeting, as well as the condition that such shares will remain under the custody of the depositary until after the meeting takes place.

The Company will provide admission cards pertaining to the proof of deposits, along with the list, which will be solicited and delivered to the office of the Corporate Secretary, located at Avenida Insurgentes Sur 533, 2nd Floor, Colonia Escandon, Zip Code 11800, Mexico City, Mexico, no more than two days prior to the shareholders' meeting during regular office hours (Monday to Friday from 8:00 am to 2:00 pm and from 4:00 pm to 6:00 pm).

In order to comply with the third paragraph of Article 27 of the Mexican Tax Code, shareholders must present the federal tax payers registration certificate that permits the Company to verify the registrant's identity.

Shareholders may choose to personally attend the meeting, or via a proxy, who must verify his/her identity through the proper forms established by the Company, which will be made available to any shareholder representative starting from the time of the publication of this announcement, during regular office hours (Monday to Friday from 8:00 am to 2:00 pm and from 4:00 pm to 6:00 pm).

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 additional information visit: http://www.compartamos.com/ or contact: Patricio Diez de Bonilla, Investor Relations Maria Teresa Chavira, Investor Relations Compartamos Banco S.A. Insurgentes Sur553, Ciudad de Mexico, Mexico T: [phone] / 7327 / 7256 / 6398 [e-mail]

Banco Compartamos, S.A.

CONTACT: Investor Relations, Patricio Diez de Bonilla or Maria Teresa
Chavira, [phone], [phone], [phone],
[phone], [e-mail]

Web site: http://www.compartamos.com/