MILA MARKETS STATISTICS APRIL 2012

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1 MAYO 2012 / Nº 7 Chilean and Peruvian delegations travel to Colombia Bogotá and Medellin were the scenarios for the MILA Analyst Day Colombia, an event that gathered, between May 9th to 11th, representatives of the most relevant companies of the Colombian capitals market and the analysts of the main Stock Brokerage firms from Chile, Peru and Colombia. The Chilean delegation included executives of the BCS, Banchile, GBM, Consorcio, IM Trust, Corpbanca and Larraín Vial, as well as BICE Inversiones. On the other hand, the Peruvian delegation included representatives of Inteligo, Profuturo, Banco de Crédito and Fondos Sura. The last version of the MILA Analyst Day will be carried out in Santiago de Chile, on June 11th and 12th, Businesses continue between companies of the countries that integrate MILA An unprecedented boom is being recorded by the acquisition operations between companies that operate in the countries that integrate MILA. According to the journal Diario Financiero of Chile On-Line version, in the last year six foreign companies have arrived in the country through the purchase of interest in companies, situation which has changed the Chilean financial sector participation overview. The most recent case was the Banco de Crédito of Perú, entity that purchased 60,6% of IMTrust. Another acquisition in the Latin American financial market is that made by BTG Pactual, form Brazil, which acquired control of the Chilean stock brokerage firm, Celfin Capital. This latter already had presence in the markets of Peru and Colombia, which makes evident the interest of the Brazilian firm to enter in the MILA markets through this acquisition. According to the Chilean communications media, MILA is the main motivation of the businesses. MILA MARKETS STATISTICS APRIL 2012 STOCK MARKET CAPITALIZATION OF MILA MARKETS The stock Exchange capitalization of the MILA markets accumulate a 21.27% growth so far in the year, as it went from US $599,271 million in December 2011 to US $726,763 million in Compared to the last month the indicator increased 0.79%, term in which reached US $721,074 million. The participation in the value of the listed companies by market as of s closing is distributed as follows: Chile 43.51%, Colombia 37.28% and Peru 19.20%. Stock Market Capitalization of MILA (Millons US $) $ $ TOTAL TRADED VOLUME OF MILA MARKETS So far in 2012, the total traded volume in the MILA market recorded US $32,998 million. Total traded volume in the MILA markets on reached US $6,807 million, with a variation of % as compared to the previous month. The higher number of operations is recorded by the BVC with 50.30% (US $3,424 million), followed by the BCS with 44.92% (US $3.058 million) and the BVL with 4.78% (US $325 million). $ Chile Colombia Peru $ 325 $ Total Volume Traded in MILA Markets (Millions of US$) Chile Colombia Peru $

2 MAYO 2012 / Nº 7 BCS elects members of the new board The new Board of Directors of the Stock Exchange of Santiago is made up by 11 members, six of whom integrate the board for the first time and five were re-elected. The new Board of Directors members of the stock exchange are Juan Eduardo Correa García, Nicholas Davis Lecaros, Juan Andrés Fontaine Talavera, Pablo Granifo Lavín, Hernán Somerville Senn and Oscar von Chrismar Carvajal, while, Juan Andrés Camus Camus, Jaime Larraín Vial, Eduardo Muñoz Vivaldi, Leonidas Vial Echeverría and Pablo Yrarrázaval Valdés will remain in their positions. The election was conducted under regulations provided by the new Bylaws, which eliminated the former requirement of being a stock broker or partner, shareholder, director or manager of a stock brokerage firm or its parent company to be Director of the Stock Exchange. BCS receives Awarding Client Excellence - ACE Award In a ceremony in Las Vegas, U.S, the BCS received the IBM 2012 Awarding Client Excellence (ACE) Award. The prestigious award, that recognizes exemplary innovation of the companies, highlighted the BCS for being the first Stock Exchange worldwide to implement its transactional systems using IBM technology WebSphere MQ Low Latency Messaging. This innovation transformed the BCS in a reference case for future implementations in the stock exchange industry. Such is the case of CHI-X Europe, Deustshe Borse, ISE International Securitie Exchange, Taifex Futures Exchange, Group BMV and Istanbul Stock Exchange. At present, the technology deployed in the BCS allows connection of services provided by international suppliers to offer direct access to the market. ISSUERS AND ISSUES OF THE MILA MARKETS As of 2012 the Integrated Latin American Market reached a total of 547 listed companies. During this period the Colombian company El Condor entered through an issue of US $91 million. Likewise, in US $410 million were placed in primary issues by the Chilean company CGE Distribución S.A Active Chilean Itermediaries Intermediaries Active en MILA In MILA Active Colombian Itermediaries 11 Active Peruvian Itermediaries Total issuers MILA Market Abril Chilean Issuers 83 Colombian Issuers Contry Type Issuer Value of Issue (US $) Chile Follow-on CGE DISTRIBUCIÓN S.A. $ Chile Totals (US $) $ Colombia IPO CONSTRUCCIONES EL CONDOR $ Colombia Totals (US $) $ Total Issue (US $) $ Active Agreements in MILA Chile/Colombia 15 Colombia/Peru 15 Peru/Chile 13 Total Agreements in MILA 43 Peruvian Issuers MUTUAL FUNDS CREATED TO INVEST IN MILA The total amount collected by the eight mutual funds effective in the three stock markets that form the integrated market reached US $65 million as of closing, which means a 5.72% increase compared to US $62 million, previous month figure. Chile Colombia Perú Mutual funds Created to Invest in MILA Fund Amount Attracted (US $) BANCHILE - ANDES $ BBVA - BBVA ANDINO $ SURA - ACCIONES ANDINAS $ CELFIN - CELFIN INFRAESTRUCTURA $ Total in Chile (US $) $ SERFINCO MERCADOS GLOBALES $ ING MILA $ Total in Colombia (US $) $ BBVA FONDO ANDINO $ SURA MERCADOS INTEGRADOS $ Total in Perú (US $) $ Total Amount Attracted (US $) $ MILA MARKET INTERMEDIARIES AND AGREEMENTS At the closing of the month 82 active brokers are registered in the three stock markets, of which 41 have had an active operation through the MILA infrastructure. There are 43 effective agreements among brokerage firms of the three stock markets. Se encuentran vigentes 43 convenios entre casas de bolsa de las tres plazas bursátiles. 2

3 MAYO 2012 / Nº 7 PERFORMANCE OF MILA MARKET INDICES Stock Exchange Capitalization remains at historic peaks The value of the companies listed in the Colombian stock market recorded a new peak reaching at the end of US $270,95 billion. Comparing it with March the indicator recorded a 5.43% increase. In the twelve month period the BVC s exchange capitalization recorded a 17.33% increase. Colinversiones changes its name to Celsia The company Colinversiones, with a long history in the Colombian stock market, changed its name to Celsia. The decision, according to the directives, corresponds to the new strategic approach of the organization, which is engagedin the management of investments in other companies of the Colombian energy sector. With the change of name the stock exchange company s account name was also amended to CELSIA. Construcciones El Cóndor enters the market The infrastructure sector company, Construcciones El Cóndor, officially to the Colombian variable income (equity) market in, after a successful placement of shares through which it linked approximately new investors, and collected funds to finance its expansion plans. Among relevant aspects it is highlighted that there was an important participation of Chilean and U.S investors in the operation, which represented approximately 30% of the total demand for the securities. The account name of the new BVC issuer will be ELCONDOR. The index that measures the performance of the Integrated market, S&P MILA 40, presented a 1.30% variation in. Mean while, the local indices had the following performance year to day: the IGBVL (Peru) presented a 16.46%, variation, followed by the index COLCAP (Colombia) with 13.62% and finally the IPSA (Chile) with 9.77%. 110,00 105,00 100,00 95,00 90,00 85,00 80,00 75,00 70,00 Comparative Performance of MILA Indices March SPMILA COLCAP IGBVL IPSA MOST TRADED STOCKS IN MILA MARKETS Most Traded Stock - Chile Volumen (US $) Colombia Volumen (US $) Perú Volumen (US $) FALABELLA $ ECOPETROL $ VOLCAN CIA. MINERA $ LAN AIRLINES $ PACIFIC RUBIALES ENERGY CORP. $ GRAÑA Y MONTERO $ CENCOSUD $ PREF. BANCOLOMBIA $ INTERGROUP FINANCIAL SERVICES CORP. $ EMP. NAL. DE ELECTRICIDAD $ ALMACENES ÉXITO $ FERREYROS $ ENERSIS $ PETROMINERALES LTD $ ALICORP $ SOC. QUÍMICA Y MINERA DE CHILE $ BANCOLOMBIA $ SOC. MINERA CERRO VERDE $ BANCO SANTANDER CHILE $ ISAGEN $ RIO ALTO MINING $ EMP. NAL. DE TELECOMUNICACIONES $ PREF. HELM BANK $ MAPLE ENERGY PLC $ EMP. COPEC $ PREF. DAVIVIENDA $ MINSUR $ EMP. CMPC $ CEMENTOS ARGOS $ CREDICORP $ The most traded share in in the MILA markets was the Colombian Ecopetrol with US $617 million, followed by Falabella, Pacific Rubiales Energy Corp., Lan Airlines, and Cencosud, according to trading volume. So far in 2012 the most negotiated shares are Ecopetrol (US $2,714 million), Pacific Rubiales Energy Corp ( $2,234 million) and Lan Airlines ( $1,662 million). 3

4 64,96% 63,64% 62,58% 61,11% 104,76% 100,00% 82,85% 144,35% 126,32% 171,25% US $ $ $ $ $ $ $ $ $ $ $ London receives delegation of Peruvian entrepreneurs Within the framework of the InPeru Roadshow, the delegation composed by 77 representatives of several economic sectors traveled to London on the 16th, 17th and 18th of ; representatives included 40 Peruvian small and large companies; in addition to authorities as Luis Miguel Castilla, Ministry of Economics and Finance and Julio Velarde, President of the Peruvian Central Bank of Reserve. The results of the Roadshow exceeded expectations as approximately 300 investors expressed interest to invest in Peru. The following road show is prepared for July s first week in the cities of Hong Kong, Shangai and Singapur. Macro Indicators push profitability in the BVL The BVL accumulated a 16.46% profitability, remaining among the most profitable Latin American markets. The negotiation volumes observed are higher than those recorded in prior periods evidencing a growing appetite to invest in equity instruments. Similarly, the results are due to the good macroeconomic figures which suggest that the U.S economy is heading towards recovery. Mutual funds in stock accumulate higher profits Mutual funds in stock gained over 15%, being the most profitable the most aggressive mutual funds and the Peruvian package of shares listed in the New York Stock Exchange (NYSE). Similarly, the pension funds managed by the AFP yielded 8.64% in average. MAYO 2012 / Nº 7 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ - STOCKS WITH HIGHEST RISE IN PRICE On, the share with highest price increase in the three MILA markets was Preferential Helm Bank with 52.70%; followed by Peru Holding de Turismo, Indiver, Empresas La Polar and Azul Azul. So far in the year, the shares with highest price increase were: Perú Holding de Turismo (171.25%), Futura Consorcio Imobiliario (144.35%) and Industrias Vencedor (126.32%). $ Most Traded Stock in MILA Markets Volume Traded through MILA Infrastructure Accrued May ECOPETROL PACIFIC RUBIALES ENERGY CORP LAN AIRLINES FALABELLA $ $ PREF. BANCOLOMBIA BANCO SANTANDER CHILE CENCOSUD CIA. SUD AMERICANA DE VAPORES SOC. QUÍMICA $ Y MINERA DE CHILE EMP. NAL. DE TELECOMUNICACIONES Stocks with Highest Rise - Chile % Colombia % Perú % INDIVER 31,19% PREF. HELM BANK 52,70% PERU HOLDING DE TURISMO 51,75% EMP. LA POLAR 28,18% ALMACENES ÉXITO 10,17% GLOBAL X FTSSE ANDEAN 40 ETF 21,43% AZUL AZUL 23,29% CEMENTOS ARGOS 9,91% UNION CERVECERIAS PERUANAS BACKUS Y JOHNSTON 20,08% FORUS 18,48% CARTON DE COLOMBIA 9,88% CERVECERIA SAN JUAN 16,25% LAB. ANDROMACO 15,68% CELSIA 9,53% UNION CERVECERIAS PERUANAS BACKUS Y JOHNSTON 15,95% CEM 15,18% ACERIAS PAZ DEL RIO 8,81% CIA. UNIVERSAL TEXTIL 15,00% CEMENTOS BIO BIO 10,48% ISAGEN 7,88% CORP. LINDLEY 13,33% AGUAS ANDINAS 9,89% EMP. DE TELECOMUNICACIONES DE BOGOTA 7,35% UNION CERVECERIAS PERUANAS BACKUS Y JOHNSTON 13,18% COCA COLA EMBONOR 9,20% PREF. DAVIVIENDA 5,38% SOLDEX 13,00% CHILECTRA 8,32% ECOPETROL 4,97% FUTURA CONSORCIO INMOBILIARIO 12,22% 200,00% 180,00% 160,00% 140,00% $ ,00% $ Stock with Highest Rise in MILA Markets Volume Traded through 2012 MILA Infrastructure Accrued May PERU HOLDING DE TURISMO FUTURA CONSORCIO INMOBILIARIO IND. VENCEDOR SIENNA GOLD $ PANORO $ MINERALS 100,00% $ PREF. HELM BANK $ ,00% CEMENTO ANDINO $ AZUL AZUL 60,00% $ FORUS $ ,00% VENA RESOURCES 20,00% Op. Performed Volumen by transado Chile a Op. través Performed de la Infraestructura by Colombia MILA Op. Performed - Enero by Peru 0,00% () On Chilean Securities $ On Colombian Securities On Peruvian Securities $

5 -85,14% -72,69% -35,21% -35,00% -32,17% -28,00% -26,87% -26,79% -24,69% -24,44% MAYO 2012 / Nº 7 STOCK WITH THE GREATEST DROP IN PRICE Stocks with Greatest Drop - Chile % Colombia % Perú % CURAUMA -66,40% PROENERGIA INTERNACIONAL -38,80% CIA. MINERA ATACOCHA -24,69% HIPERMARC -15,57% PETROMINERALES LTD -22,78% CANDENTE COPPER CORP. -19,61% POTASIOS DE CHILE -11,17% ENKA DE COLOMBIA -7,47% RIO CRISTAL RESOURCES CORP. -18,18% CIA SUD AMERICANA DE VAPORES -10,92% PREF. CORP. FINANCIERA COLOMBIANA -7,41% ZINCORE METALS -18,18% MELON -10,00% SD CORP. FINANCIERA COLOMBIANA -5,33% BBVA BANCO CONTINENTAL -17,85% PAZ CORP -9,14% SOC. INVERSIONES ENERGIA -5,09% SULLIDEN GOLD CORP. -17,29% SCHWAGER ENERGY -8,80% ORG. DE INGENIERIA INTERNACIONAL -5,01% FORTUNA SILVER MINES -17,02% SOC. DE INVERSIONES ORO BLANCO -8,57% VALOREM -3,82% ALTURAS MINERALS CORP. -16,67% VIÑA CONCHA Y TORO -8,53% PREF. GRUPO AVAL ACCIONES Y VALORES -3,44% LUNA GOLD CORP. -16,45% SOC. MATRIZ SAAM -7,94% CANACOL ENERGY LTD -2,86% VENA RESOURCES -14,71% In, the share with highest price decrease in the three MILA markets was Curauma with a 66.40% devaluation, followed by Proenergia Internacional, Compañía Minera Atacocha, Petrominerales and Candente Copper Corp. So far in 2012, the shares with highest price decrease were: Leasing total (-85.14%), Curauma (-72.69%) and Compañía Universal Textil (-35.21%). 0,00% -10,00% -20,00% -30,00% $ ,00% $ ,00% $ ,00% $ ,00% $ ,00% $ ,00% -100,00% Stocks with Greatest Price Drop in MILA Markets 2012 Volume Traded through MILA Infrastructure Accrued May LEASING TOTAL CURAUMA OPERATIONS THROUGH THE MILA INFRASTRUCTURE MILA INFRASTRUCTURE - STATISTICS APRIL 2012 CIA. UNIVERSAL TEXTIL MELON FORTUNA SILVER MINES $ $ PROENERGIA INTERNACIONAL ESVAL CIA SUD AMERICANA DE VAPORES CIA MINERA ATACOCHA CIA PESQUERA CAMANCHACA $ $ $ $ $ $ $ $ $ $ Volume Traded through MILA Infrastructure Accrued May Volume Traded through MILA Infrastructure Accrued May $ $ $ $ $ $ $ $ $

6 MAYO 2012 / Nº 7 As of s closing the accumulated operations through MILA infrastructure reached US $20,771,336, with a total of 865 operations. The most traded securities are the Chilean with a total of US $9,134,528 (43.98%), followed by the Colombians with US $8,219,346 (39.57%) and the Peruvian with US $3,417,463 (16.45%). $ $ $ $ $ $ $ $ Volume traded through the MILA Infrastructure 2012 $ $ $ $ $ $ - In, 85 operations were carried out through the MILA infrastructure for a total of US $692,881. Colombia represented the highest participation percentage on the operations carried out, with 48.70% (US $337,422), followed by Peru 32.81% (US $227,353) and finally Chile, with 18.49% (US $128,106) over total operations amount. The Chilean species were the higher volume traded in, with an amount of US $494,221 equivalent to 71.33% of shares movement. STOCK MOST TRADED THROUGH THE MILA INFRASTRUCTURE In, the most traded share through the MILA infrastructure was the Chilean Sonda with US $134,006, followed by Falabella, Ripley Corp. Enersis and Preferencial Davivienda. As of s closing the most negotiated shares through the MILA infrastructure since their issue were: Pacific Rubiales Energy Corp, with an accumulated total amount of US $5,588,886, followed by Aguas Andinas, Graña y Montero, Ecopetrol and Lan Airlines. Stock Most Traded in MILA Infrastructure Volume US $ SONDA $ FALABELLA $ RIPLEY CORP. $ ENERSIS $ PREF. DAVIVIENDA $ LAN AIRLINES $ EMP. LA POLAR $ PACIFIC RUBIALES ENERGY CORP $ GRUPO DE INVERSIONES SURAMERICANA $ CASA GRANDE $ Stock Most Traded in MILA Infrastructure Volume US $ Accrued PACIFIC RUBIALES ENERGY CORP $ AGUAS ANDINAS $ GRAÑA Y MONTERO S.A.A $ ECOPETROL $ LAN AIRLINES $ EMP. NACIONAL DE ELECTRICIDAD $ FALABELLA $ SALFACORP $ SONDA $ BANCO SANTANDER CHILE $ MILA SECRETARIAT secretariamila@mercadointegrado.com 6