ISSN 2027-2952. Directorio. de Servicios Legales. Legal Services. Directory

ISSN 2027-2952 Directorio de Servicios Legales Legal Services Directory

Título: Directorio de Servicios Legales / ISSN 2027-2952 Volumen I No. 2 Editorial: Fiducoldex-Fideicomiso Proexport Colombia Vicepresidencia de Inversión Extranjera Info@proexport.com.co Editor: Dirección Legal y Clima de Inversión Teléfono: + (57)(1) 560 0100 Fax: +(57)(1) 341 5689 Imagen de Portada: Natalia Fuentes Loboguerrero Impreso en: Bogotá D.C., Colombia Enero 2009 La versión digital de este documento se encuentra en: www.inviertaencolombia.com.co www.investincolombia.com.co

INTRODUCCIÓN INTRODUCTION El Directorio de Servicios Legales sirve de guía a los inversionistas extranjeros sobre algunas de las más prestan servicios en las áreas legales de interés de los inversionistas. PROEXPORT, como entidad editora de esta guía, no asume responsabilidad alguna que se derive de su contenido. Se autoriza su reproducción, no comercial, parcial o total, citando a su editor como la fuente. Directorio de Servicios Legales PROEXPORT does not assume any responsibility for its contents. Commercial reproduction of this guide, in part or in whole, is permitted quoting its publisher as the source.

SERVICIOS PROMOCIÓN Promoción del país, sectorial y de proyectos. www.inviertaencolombia.com.co SERVICES ATENCIÓN A INVERSIONISTAS POTENCIALES Asistencia Legal Información Económica Agendas a Inversionistas Publicaciones Especializadas Punto de Encuentro con Sector Público y Privado ATENCIÓN A INVERSIONISTAS INSTALADOS Punto de Encuentro con Sector Público y Privado Soporte en el Desarrollo de la Inversión Actividades de Foro Mixto CLIMA DE INVERSION Identificación de Oportunidades para la IED Propuestas para Mejoras de Clima de Inversión Identificación, Seguimiento y Propuesta de solución a Obstáculos a la Inversión. PROMOTION Country, Sectorial and Project Promotion www.investincolombia.com.co Directorio de Servicios Legales POTENTIAL INVESTORS Legal Guidance Economic Information Investors Visit Assistance Specialized Publication Meeting Point with Public and Private Sectors INVESTOR AFTERCARE Meeting Point of Public and Private Sectors Support in the Execution of Investments Mixed Forum Activities INVESTMENT CLIMATE Identification of FDI opportunities Strategy and Projects to ease FDI Conditions Identification, follow up and solutions to investment obstacles

ÍNDICE INDEX ALBERTO PRECIADO & ASOCIADOS ARAÚJO IBARRA ARCINIEGAS & VILLAMIZAR BRIGARD & URRUTIA BUSINESS PLANNING GROUP CÁRDENAS & CÁRDENAS CAVELIER ABOGADOS CHAVES & ESCANDON ABOGADOS DELOITTE DG&A ERNST & YOUNG ESPINOSA & ASOCIADOS FRANCO MURGUEITIO & ASOCIADOS GAMBOA & CHALELA GODOY CORDOBA GODOY & HOYOS GÓMEZ-PINZÓN ZULETA HOLGUÍN NEIRA & POMBO HORWATH COLOMBIA KPMG LEWIN & WILLS LLOREDA CAMACHO & CO. MANRIQUE & ASOCIADOS MOSQUERA ABOGADOS PINILLA, GONZALEZ & PRIETO POSSE, HERRERA & RUIZ ABOGADOS PRICEWATERHOUSECOOPERS PRIETO & CARRIZOSA QUIÑONES CRUZ LTDA. RESEARCH & OPPORTUNITIES RODRÍGUEZ - AZUERO SANCLEMENTE FERNANDEZ ABOGADOS TRIANA, URIBE & MICHELSEN URIBE & LARGACHA VELEZ BENEDETTI VERA ABOGADOS ASOCIADOS - 6 - - 8 - - 10 - - 12 - - 14 - - 16 - - 18 - - 20 - - 22 - - 24 - - 26 - - 28 - - 30 - - 32 - - 34 - - 36 - - 38 - - 39 - - 42 - - 44 - - 46 - - 48 - - 50 - - 52 - - 54 - - 56 - - 58 - - 60 - - 62 - - 64 - - 66 - - 68 - - 70 - - 72 - - 74 - - 76 - Directorio de Servicios Legales

Administrative and Constitutional Law Corporate and Commercial Law Civil Law Mergers and Acquisitions Financial Law Family Law Criminal Law Telecommunications Petroleum Gas Arbitration and Litigation and is well known for its experience in Civil matters such as Family law, Real Property, Contract and Torts Law. Within our general practice we matters such as mergers and acquisitions, Corporate Law, due diligence in contracts; banking law; Administrative Law, biddings, studies of bidden conditions, adjudications; contract claims; arbitration and mediation; criminal law; lawsuits and resources before civil judges, Tribunals, Supreme Court of Justice, Council of State, constitutional Court; and Proceedings before all Government authorities. Our lawyers are graduated from prominent law faculties within the country, who give personalized and permanent legal advice to our clients, always committed to a responsible and professional practice of law. ALBERTO PRECIADO & ASOCIADOS ALBERTO PRECIADO- PEÑA alpre@albertopreciado.com ALBERTO PRECIADO- ARBELÁEZ apa@albertopreciado.com ASSOCIATES MARIA JIMENA GONZÁLEZ AMAYA jgonzalez@albertopreciado.com ADRIANA COMBATT FANDIÑO acombatt@albertopreciado.com MARIA DE LOS ÁNGELES GONZÁLEZ OVIEDO mgonzalez@albertopreciado.com DANIELA SÁNCHEZ GALVIS dsanchez@albertopreciado.com alpre@albertopreciado.com --- www.albertopreciado.com Carrera 7 No. 71-21, Torre B, Phone: +(57)(1) 317 4747 Fax: +(57)(1) 317 4769 EXTERNAL ADVISORS JORGE ENRIQUE MATEUS AMAYA alpre@albertopreciado.com PATRICIA VERGARA GÓMEZ alpre@albertopreciado.com SERGIO IVÁN PÉREZ PEÑUELA alpre@albertopreciado.com JAIRO RAÚL RODRÍGUEZ YEPES alpre@albertopreciado.com -6-

Legal and tax consulting for the establishment of businesses in Colombia and abroad and for national and foreign investment. International trade law. Trade agreements and economic integration. Free trade zones. Special trade mechanisms. Infrastructure projects (ports, telecommunications, mining and petroleum industry, technology, etc.). economic consulting on international trade, national and foreign investment and in general corporate law. It is composed by a team of attorneys, engineers, economists and business administrators with ample national and international experience. Among its clients there are multinational companies of various sectors (oil companies, telecommunication companies, technology, etc.), Colombian companies abroad, free trade zones, regional and national governments. ARAÚJO IBARRA ventures. Legislation on competition (dumping and safeguards). National and international market research by product or sector. Import and export procedures. Outsourcing services on international trade. International Missions. Environmental law and procedures. Training programs and seminars on international trade and import and export promotion activities. PRESIDENT MARTÍN GUSTAVO IBARRA PARDO MARTÍN GUSTAVO IBARRA PARDO PATRICIA ARCE ROJAS FRANCISCO SANABRIA ZAMORA JAVIER ESCALANTE SIEGERT RICARDO LÓPEZ SÁNCHEZ MÓNICA RAMÍREZ GIL MARÍA JOSEFINA IBARRA PARDO PATRICIA MENDOZA DE GALOFRE JORGE RAMÍREZ OCAMPO Calle 98 No. 22-64 Of. 910 Phone: +(57)(1) 651 1511 +(57)(1) 623 3399 Fax: +(57)(1) 623 4160 ASSOCIATES MARÍA JOSÉ ARDILA LATIFF JUAN CAMILO BERNATE ROZO CARLOS E. GIRALDO OSPINO MARÍA CECILIA IBARRA CASTILLO GUILLERMO MONTOYA GÓMEZ TATIANA OCAMPO LÓPEZ RODA LEONOR RODRÍGUEZ JOSÉ ANTONIO ROMERO BRACHO LUÍS ALBERTO QUIROGA ALARCÓN LEONARDO SICARD ABAD GERARDO VIÑA VIZCAÍNO www.araujoibarra.com --- aribasa@araujoibarra.com Calle 6 Sur No. 43 A-96 Edif. Torre 6 Sur Of. 801 Phone: +(57)(4) 352 5521 Fax: +(57)(4) 314 0235 Medellín, Colombia Calle 76 No. 54-11 Of. 408 Phone: +(57)(5) 369 0866 Barranquilla, Colombia EXTERNAL ADVISORS JOSEPH FINNIN ROBERT STEWART JORGE BORRERO ZEA VICENTE BELTRÁN ROLDÁN LUCIO E. MANOSALVA BRUN Calle 11 No. 100-121 Of. 1001 Phone: +(57)(2) 374 7044 Cali, Colombia -8-

We provide legal services for international organizations with or without permanent base in Colombia. Our areas of expertise are: - Structuring of businesses: Portfolio investments, Foreign direct investment, Acquisitions, Foreign trade operations, Exchange regime related to multinational, - Trademarks: Franchises, Intellectual property, Industrial property, Brands and patents, Copyrights - Services: Transportation, Hotel industry, Tourism - International law for organizations and corporations: Health, welfare and education, Mining and petroleum, Agriculture and livestock farming - Private International Law: Estate planning (inheritance), Adoptions, Community property, Divorce, Migratory regime - Public Sector: Public policies, Legislative reforms, Trade union activities ARCINIEGAS & VILLAMIZAR and now in Caracas, Venezuela. ISMAEL ENRIQUE ARCINIEGAS LARGACHA ieal@arciniegasabogados.com Senior Partner, Doctor in Jurisprudence of the Rosario University in, with 35 years of professional experience within which, he has been adviser of multinationals and companies of real or the industrial sector. He was Head of Fields of the TEXAS PETROLEUM COMPANY; President of the Colombian Hotel Corporation COTELCO -; President of the Inter-American Association of Hotels AIH-, President of the Colombian Chamber of Tourism; Member of the Administrative Member of the Founding Committee of the Entrepreneurs Association of the of the Andean Pact ANDETUR; Vice-Secretary of Tourism and Secretary in charge of Economic Development. FIDELIA VILLAMIZAR DE PÉREZ fv@arciniegasabogados.com Senior partner, Doctor in Law and Political Sciences of the Externado University of Colombia, specialized in Political Sciences of the same University. In the public sector she has performed as Representative of the of the Colombian Congress for the State of Norte de Santander, Governor for the same State, Head of Legal Department and Secretary General of Administrative Department of Civil Aeronautics, Secretary General of Ministry of Justice and the Law, Superintendent of Industry and Commerce. In the private sector she has been linked to the Board of Directors of Norte de Santander Liquor Industry, of the Power Station of Supplies CORABASTOS and the State Bank. FRANCISCO BRICEÑO C Senior Partner; Bachelor of the Catholic University of Andres Bello, Masters in Law of The American University, specializing in International Banking and Doctor Law of the Catholic University of Andres Bello. Held the position of Legislative Assistant of Banking and Finance Commission before the United States Congress. Consultant for the Inter-American Development Bank for foreign debt and general consulting; Director for the Venezuelan-Japanese Chamber and Director of French-Venezuelan Chamber of Commerce. Currently, he is President of the Venezuelan Chamber of Electronic Commerce (Cavecom-e) and Referee for the Referee Center of the Caracas Chamber of Commerce. fbriceno@arciniegasabogados.com www.arciniegasabogados.com --- info@arciniegasabogados.com Carrera 6 No. 26-85 Piso 12 Phone: +(57)(1) 282 8934 Fax: +(57)(1) 286 8078 Avenida La Estancia, Centro Banaven Phone: +(58)(212) 933 1925 Fax: +(58)(212) 933 1981 Caracas, Venezuela 2600 Bank of America Tower 100SE Second Street Phone: +(1)(305) 375 9220 Fax: +(1)(305) 375 8050 Miami, Florida 33131-10-

Customs and International Trade Arbitration Banking and Financial Services Foreign Exchange, Derivatives and Structured Finance Commercial Law Competition Due Diligence Mergers and Adquisitions Trust and Estates Tax Insolvency and Restructuring Real Estate Infrastructure and Public Utilities Immigration Labor Law Litigation Capital Markets and Securities Natural Resources Insurance Corporate Law Telecommunications, Media, Entertainment and Technology Founded in 1934, Brigard & Urrutia provides legal advice and assistance in all relevant areas of business law and represents clients before the government and the courts, as well as before national and international arbitration panels. close working relationships with its clients, based upon the highest ethical standards. Its understanding of the markets, experience in M&A and commercial transactions and successes in landmark litigation and arbitration cases, are all factors that place Brigard & Urrutia at the very forefront of the Colombian legal community. trusted advisors concerning strategic aspects of their clients businesses and deals, thereby adding value to the relationship. Brigard & Urrutia has gained access to the world s leading professional associations Rim Advisory Council, Club de Abogados Ius Laboris, Interlex and The Bomchil Group. privilege to receive awards and recognitions from the most important specialized legal publications. Recently: - Chambers & Partners, Chambers Global, The World's Leading Lawyers for Business, 2009 edition, recommends Brigard & Urrutia in the areas of Banking & Financial, Commercial and Corporate law. - Who's Who Legal awarded Brigard & Urrutia as Colombia's Law Firm of the Year in the annual compendium edition, The International Who s Who of Business Lawyers, 2009 edition. - Latin Lawyer, Latin Lawyer 250, Latin Americas Leading Business Law Firms, 2007 edition, considers Brigard & Urrutia - IFLR 1000, The Guide to the World s Leading Financial Law Firms, 2009 edition, recommends Brigard & Urrutia in the areas of Banking and Capital Markets, Mergers & Acquisitions and Project Finance. - PLC Which Lawyer?, 2009 edition, considers Brigard & Urrutia Colombia in the areas of Banking and Finance, Corporate Law and Mergers & Acquisitions BRIGARD & URRUTIA CARLOS URRUTIA currutia@bu.com.co CARLOS UMAÑA cumana@bu.com.co SERGIO MICHELSEN smichelsen@bu.com.co CARLOS FRANDIQUE-MÉNDEZ cfradique@bu.com.co LUIS ALFREDO BARRAGÁN lbarragan@bu.com.co ÁLVARO CALA acala@bu.com.co www.bu.com.co --- byua@bu.com.co LUIS GABRIEL PÉREZ lperez@bu.com.co JOSE ANDRÉS ROMERO jromero@bu.com.co Calle 70 A No. 4-41 Phone: +(57)(1) 744 2244 Fax: +(57)(1) 310 0609 Fax: +(57)(1) 310 0586-12-

Architectural and Urban Design Legal Advisory Economic Advisory Financial Models Search for the appropriate investors Market research Business Planning Group is a dynamic company with experience and innovation for the structuring of projects through the assessment, structure. The Company s expertise is a comprehensive coverage over ongoing projects including the following areas: Architectural and Urban Design Legal Advisory : International Trade Law, Free Trade Zones, instruments Economic Advisory Financial Models Search for the appropriate investors Market research Custom Business Planning Group has an extensive experience in structuring and advising Free Trade Zones, including both industrial parks and sole companies, developing important and recognized projects in sectors such as Tourism, Hospitality, Services and Cosmetics. Our success lies in our philosophy of a complete advisory ("one stop shop") expanding our service portfolio beyond providing legal advisory and tailor made BUSINESS PLANNING GROUP We count with an interdisciplinary team with extensive experience in management and business planning. ENRIQUE DE FRANCISCO LOSADA JAIME MAURICIO CONCHA PRADA www.bpgsas.com --- enrique.defrancisco@bpgsas.com Calle 110 b No. 1 a-80 Este Phone: +(57)(1) 803 1135 Fax: +(57)(1) 803 1135-14-

both the national and international level. Its main areas of practice are: Commercial, Civil, Banking, Financing, Leasing, Trusts, Corporate, Corporate Governance, Mergers, Acquisitions, Foreign Investment, Technology Transfer, Intellectual and Industrial Property, Information Technology and Entertainment, Administrative Law, Litigation and Arbitration, Securities, Environmental Law, Immigration, Labor Law, Mining, Oil and Gas, Privatizations, Aviation Law, Taxes, Insolvency, Chapter 11 Proceedings, Antitrust and Consumer Protection and Foreign Commerce. Recognized for its commitment to understanding the needs of its areas of law, founded in 1913, Cárdenas & Cárdenas Abogados has worked with domestic and international customers, under schemes of high ethical commitment, seriousness and professionalism. The constant contact with major international companies, allows the Firm a peak performance in providing legal professional services. business in Colombia, and has successfully participated in several international transactions representing Colombian clients, which has translated into new business opportunities for its clients. Its structure allows it a broad international support at the level of CARDENAS & CARDENAS DARíO CÁRDENAS Doctor in Jurisprudence from Universidad Colegio Mayor de Nuestra Señora del Rosario, Master in Laws (LL.M.) from University of Tulane, EE.UU. BERNARDO P. CÁRDENAS Attorney-at-law from Universidad Colegio Mayor de Nuestra Señora del Rosario, Master in Comparative Law from New York University, EE.UU. JAMES VALDIRI Doctor in Jurisprudence from Universidad Colegio Mayor de Nuestra Señora del Rosario, Specialist in Notary and Registry from Universidad Externado de Colombia, Specialist in Telecommunications Law from Universidad Externado de Colombia. LORENA ARÁMBULA Lawyer from Universidad Javeriana, Specialist in Financial Law from Universidad del Rosario, Postgraduate Course in Labor Law from Universidad del Rosario, Specialist in Social Welfare from Universidad Externado de Colombia. EDUARDO CÁRDENAS Doctor in Jurisprudence from Universidad Colegio Mayor de Nuestra Señora del Rosario. LUZ HELENA ADARVE Attorney-at-law from Universidad de los Andes and graduated from Universitá degli Studi di Firenze, Italia. JUANITA ACOSTA Lawyer from Universidad de los Andes, Specialist in International Contracts Regime from Universidad de los Andes, Master in Industrial and Intellectual Property and Information Technologies from Universidad of Alicante, España. CAMILO CORTÉS Lawyer from Universidad de los Andes, Specialist in Tax Law from Universidad de los Andes, Program of Instructions for Lawyers from Harvard University, International Tax Law from Universidad Austral de Buenos Aires, Argentina. www.cardenasycardenas.com --- general@cardenasycardenas.com Carrera 7 No. 71-52, torre B, piso 9 Phone: +(57)(1) 312 3600 +(57)(1) 313 7800 Fax: +(57)(1) 312 2410-16- -2-

- Public Law Administrative and Regulatory Law. Government Contracting. Health Law. Real Estate and Urban Planning - Business Law Business Contracts. Intermediation Contracts. International Trade. Energy, Mining and Public Utilities - Corporate Law Corporations. Mergers and Acquisitions. Foreign Investment - Litigation and Dispute Resolution Litigation in all our Areas of Practice. Alternative Dispute Resolution. Public Law Actions - Labor and Migration Law Labor Law. Workplace Safety. Occupational Health. Migration - Intellectual Property Industrial Property. Copyright. Entertainment - Finance Law Finance. Capital Markets - Competition Law - International Law - Information Technology - Telecommunications - Tax, Accounting and Exange Law LUZ CLEMENCIA DE PÁEZ Lawyer, Universidad Libre de Colombia. Master in Comercial Law, Colegio Mayor de Nuestra Señora del Rosario JORGE CHÁVARRO Lawyer, Universidad Externado de Colombia. Specialist at Institute of Comparative Law at Paris University II Founded in 1953, CAVELIER ABOGADOS combines experience and legal services both in Colombia and abroad and becomes a strategic partner in the development of your businesses. sectors and industries. It renders integral legal assistance with responsibility, immediate attention, added value and optimal service quality. GERMÁN MARÍN Lawyer, Universidad Externado de Colombia. Specialist in Procedural Law, Universidad Externado de Colombia. DANIEL PEÑA Lawyer, Universidad Externado de Colombia. LLM in Commercial Law at London University (UCL) www.cavelier.com --- cavelier@cavelier.com Carrera 4 No. 72-35 Phone: +(57)(1) 347 3611 Fax: +(57)(1) 211 8650 +(57)(1) 700 4814 Fax USA: +(1)(305) 675 7743 CONTACTS ROSA MARGARITA SANTACRUZ margaritasantacruz@cavelier.com Trademarks Department Head OSCAR CORREA oscarcorrea@cavelier.com Patents Department Head LUZ CLEMENCIA DE PÁEZ clemenciadepaez@cavelier.com Oppositions and Defenses Department Head GABRIELA MANCERO gabrielamancero@cavelier.com Business Law Department Head GERMÁN MARIN germanmarin@cavelier.com Litigation in Court Department Head KARL MUTTER karlmutter@cavelier.com Health Registrations Department Head DANIEL PEÑA danielpena@cavelier.com Licenses. Technology Transfer. Information. Technology. Copyright Head JORGE CHAVARRO jorgechavarro@cavelier.com Foreign Law Department Head CAVELIER ABOGADOS -18-

International Commercial Law Foreign Investment International Business Consulting Asia - Latin America Sustainable Business Plan Structuring Corporate Law Competition Law Intellectual Property Constitutional Law Administrative Law State Contracting Tax Law Labor Law Alternative Dispute Resolution (ADR) LANGUAGES English Spanish with presence in ASIA, structured as a legal service provider oriented by principles of integral legal support, as demanded by the synergies of modern world. Its operation is supported in Colombia and overseas by a sound group of the multiple challenges that law practice currently poses. In a partnership with LA NAO GROUP LIMITED, an international consulting company, we count with a business center in HONG KONG commited to coordinate in real time our activities between ASIA and LATIN AMERICA. CHAVES & ESCANDON ABOGADOS MAURICIO CHAVES FARIAS mauricio@chavesescandon.com LUIS RAMIRO ESCANDÓN H. ramiro@chavesescandon.com www.chavesescandon.com --- info@chavesescandon.com Carrera 6 No. 26-85 Piso 9 Phones: +(57)(1) 283 1715 +(57)(1) 283 0131 Fax: +(57)(1) 334 8532 WORKING GROUP SANDRA DUCÓN PARRA LAURA SALAZAR CORNEJO LINDA DE SALES HAMBURGER MA. ALEJANDRA DIAZGRANADOS R. JORGE SARAVIA RIOS EVARISTO TREVIÑO BERLANGA -20-

Tax Law. Foreign Exchange Law. Customs Law. Litigation. Commercial Law. Corporate Law. Telecommunication and Technology Law. Financial Law. Labour Law. Public Law. Due Diligence. Tax, foreign exchange and custom planning. Litigation, administrative stage/tax court appeals.structure of international operations. Funding. Merger and acquisition. Human Resources Services. Advising on contract matters integrally. Equity protection for individuals Deloitte is one of the biggest multinational Firms devoted to deliver high quality professional services. It is member of Deloitte Touche Tohmatsu, a Swiss association focused on a global strategy executed locally in more than 140 countries. With access to the deep intellectual capital of 168,000 people worldwide, Deloitte delivers professional services in 4 main lines: Audit, Consulting, Financial Advisory Services and Tax & Legal Advisory. It serves more than 80 percent of the world s largest companies, as well as large national enterprises and successful, fast-growing global growth companies. Deloitte started operations in Colombia in 1959. It s located in Bogotá, Medellín, Cali and Barranquilla, 4 of the main cities in the country from where it also expands the services to other cities. Under the biggest quality standards, Deloitte is committed to contributing to the goals and business challenges of its clients. It also shares its experience and DELOITTE human capital and team work. MARIO ANDRADE maandrade@deloitte.com ANDRÉS FELIPE PARRA aparra@deloitte.com EDUARDO ROCHA erochap@deloitte.com DIEGO FRANCO dfranco@deloitte.com MARIO ZAPATA rzapata@deloitte.com Carrera 7 No. 74-09 Phone: +(57)(1) 546 1810 Fax: +(57)(1) 217 8088 www.deloitte.com/co --- cmercadeo@deloitte.com Ed. World Trade Center Calle 76 No. 54-11 Of. 1101-02 Phone: +(57)(5) 360 8306 Fax: +(57)(5) 360 8309 Barranquilla, Colombia Calle 64 Norte No. 5B-146 Sector C, Piso 3 Phone: +(57)(2) 883 5449 Cali, Colombia Calle 16 Sur No. 43A-49 Piso 9 y 10 Phone: +(57)(4) 313 8899 Fax: +(57)(4) 313 9343 Medellín, Colombia -22-

Corporate Law Commercial Law Administrative Law Tax Law Labor and Immigration Law and Resolution DG&A Abogados highest quality legal services available in its areas of practice, counseling its clients in every legal aspect pertaining to business enterprises. For over eleven years, we have assembled a distinguished seal of quality based on our continuous and dedicated work for the business community, along with the experience of having served the interests of numerous Colombian and foreign companies in structuring their operations, supporting their public and private contracting while safeguarding their corporate interests. DG&A - ABOGADOS DG&A Abogados comprises six (6) service departments labeled by their specialty, that allow us to serve as a one-stop shop for local and foreign investors in structuring their businesses, acquiring or incorporating new companies (M&A) or setting up investments vehicles abroad, while proving legal counsel for such companies in corporate professionally counseled on a permanent basis in their local operations, minimizing risks and optimizing opportunities. DG&A Abogados is charter and exclusive member for Colombia of specialized practice in intellectual property, advertising law and unfair wide. FELIPE GARCIA ECHEVERRI fgarcia@col-law.com Javeriana, with postgraduate studies in Group at Harvard Law School, Boston, MA, and an Supreme Court. MARíA DEL ROSARIO GÓMEZ JARAMILLO mrgomez@col-law.com. and commercial law. www.col-law.com --- dga@col-law.com Carrera 7 No. 74-21, Piso 6 Phone: +(57)(1) 217 0800 Fax: +(57)(1) 212 0260-24-

Business Tax Advisory (Direct & Indirect Corporate Tax Consulting; M&A; International Taxes; Tax Litigation) Business Tax Compliance (Direct & Indirect Corporate Tax Compliance; SOX 404; FIN 48) Due Diligence Human Capital and Immigration International Tax Transfer Pricing Foreign exchange and foreign investment regime Customs and International Trade Human Capital Transaction Tax others, Tax Advisory Services and the development of Transaction Advisory including Due Diligence, transaction structuring, Mergers & Acquisitions. With over 144,000 professionals areas, which provides new solutions and perspectives in the global economy. The focus on knowledge of our global teams and the experience in the Colombian market. In Colombia, Ernst & Young was established in 1963, and has grown in the past years to become one of the most solicited Firms by national and multinational companies in the country. At this moment, we have a team of more than 480 persons, which have the best allows us to give our clients quality services that are consistent with the delivery that our cities: Bogota, Cali, Medellin and Bogota. Furthermore, our local team has all the tools to mobilize to any area in the country where our clients need our services. services. Ernst & Young is the winner of the distinction as Colombian Tax Firm of the Year, given by International Tax Review in the Second Annual Americas Tax Awards held on September 19, 2007 in New York City. In addition, our Tax team, has achieved, for two consecutive years, ERNST & YOUNG accordance with the surveys published by the International Tax Review magazine on their was recognized by World Finance in 2009, as the best Transfer Pricing team. SENIOR MANAGERS MANAGERS GUSTAVO PARDO A. Partner Director LUZ MARÍA JARAMILLO NAYIVI LOZANO XIMENA ZULUAGA DIEGO CASAS EXECUTIVE DIRECTOR MARGARITA SALAS Litigation Executive Director MARIELA TAMAYO DE LAUSCHUS International Exchange and Foreign Investment GUSTAVO ADOLFO LORENZO International Trade ZULEIMA GONZÁLEZ Business Tax Compliance JOHANA RINCÓN Business Tax Compliance ALEKSAN OUNDJIAN Business Tax Advisory JAIME ORTIZ Transaction Tax www.ey.com ALEXANDRA GNECCO Human Capital MAGDALENA GÁMEZ Business Tax Compliance RICARDO RUIZ Business Tax Advisory LEONARDO MORA Business Tax Compliance MÓNICA PIEDRAHITA Transfer Pricing LUIS BENÍTEZ Transfer Pricing CLAUDIO HERNÁNDEZ Transfer Pricing JORGE ESPITIA Business Tax Compliance JIMMY GUAVITA Business Tax Compliance CLARA RAMÍREZ Business Tax Advisory JORGE VARGAS Business Tax Advisory IGNACIO VÉLEZ Business Tax Advisory SANDRA DUCON Transaction Tax EDGAR CARVAJAL Transaction Tax Calle 113 No. 7-80 Torre AR Piso 3 Phone: +(57)(1) 484 7000 Fax: +(57)(1) 484 7474 Phone: +(57)(4) 369 8400 Fax: +(57)(4) 369 8484 Medellín, Colombia Phone: +(57)(5) 360 9954 Fax: +(57)(5) 369 0580 Barranquilla, Colombia Phone: +(57)(2) 661 8059 Fax: +(57)(2) 661 8007 Cali, Colombia -26-

Commercial Law and Corporate Law, Finance Law, Tax Law, Import and Foreign Exchange System, Insurance Law, Administrative Law, Family Law, Probate and Juvenile Family Enterprises and Protocols, Litigation and Arbitration Tribunals, Strategic Consulting and Financial Groups and Extrajudicial Conciliation under Law personally directed and implemented by its partners, giving priority to each client. The company has an interdisciplinary team of professionals, among whom are a director of national tax and customs of Colombia, senior executives of banking and insurance sector and university professors for more than 15 years at the Universities of Los Andes and Javeriana. This perform business operations in Colombia. With the approach of designing practical and innovative solutions, made in strict legal framework, ESPINOSA ABOGADOS ASOCIADOS adds value organizational strategies, corporate and investment structures, tax planning, planning and family wealth management, risk management, institutions and all those in which they propose alternative strategic orientation of business. ESPINOSA & ASOCIADOS ordinary courts, the Court of Administrative Litigation and Arbitration Court, an area which has vast experience representing the interests of private and state enterprises in over 50 arbitration proceedings in Colombia and other countries. CARLOS ANTONIO ESPINOSA PÉREZ BEATRIZ TERESA ESPINOSA PÉREZ ALEJANDRO BUSTOS RUBIO DARÍO FIERRO LEÓN JUAN MIGUEL CALDERÓN GALLÓN www.espinosaasociados.com Carrera 10 No. 97 A-13 Torre A, Of. 701 Phone: +(57)(1) 642 8577-28-

Audits. International Trade. Accounting. Corporations. Business Law. Real Estate Law. Tax Law. Family Wealth Structuring. Planning and Tax Strategies. Statutory ALLIANCES established in June of 1990, focuses its activities in managing the its customers. Our support is personal and direct and is part of high standard and clear principles: honesty, loyalty, respect, responsibility, compliance and trust are fundamental bases of each management. The experience of twenty years in various jurisdictions and a growing network of alliances empower the presentation of Franco Murgueitio & Associates as reliable choice and a leader in providing solutions. The time spent is the basis for our performances and for showing unwavering demand for cleanup of resources for our clients. FRANCO MURGUEITIO Y ASOCIADOS Argentina, Brasil, Chile, China, Colombia, Costa Rica, Curacao, Ecuador, United States, Holland, Mexico, Panama Paraguay, Peru, Spain, Switzerland, Uruguay, Venezuela. MEMBERS DIRECTOR PARTNER LUIS HERNANDO FRANCO MURGUEITIO presidencia@francomurgueitio.com LEGAL DIRECTOR DANIEL MARTÍNEZ FAJARDO juridico@francomurgueitio.com ADMINISTRATIVE DIRECTOR PILAR GÓMEZ GIL administrativo@francomurgueitio.com INTERNATIONAL TRADE DIRECTOR LUZ KARIME VENCE COLLAZOS comerciointernacional@francomurgueitio.com FINANCE DIRECTOR PAOLA ANDREA VELÁSQUEZ VINASCO MARKETING DIRECTOR ROSANA VELASCO PERAFÁN mercadeo@francomurgueitio.com REAL ESTATE LAW DIRECTOR ALONSO JOSÉ LOZANO MARÍN derechoinmobiliario@francomurgueitio.com SENIOR LEGAL ADVISOR PAOLA ANDREA ROJAS ESCOBAR asisjuridico@francomurgueitio.com www.francomurgueitio.com --- info@francomurgueitio.com Calle 1 No. 4-38 PBX: +(57)(2) 893 3863 Fax: +(57)(2) 893 3935 Cali, Colombia 19950 SW 316 St. Miami, FL 33030 PBX: +(1)(786) 205 7986 Miami, United States -30-

Arbitration and Litigation Energy Law and Infrastructure Commercial and Corporate Law Mergers and Acquisitions Administrative Law Environmental Law Labor Law. Gamboa & Chalela, is a Law Firm established in 1983, in Bogotá, Colombia under the name Gamboa, Leal & Mazuera. Its current partners are Nicolás Gamboa-Morales and José Francisco Chalela-Mantilla, it has an outstanding team of associates and has entered into permanent Throughout the years, the Firm has provided personal counseling to its clients, primarily in the area of corporate, commercial and energy matters, as well as litigation and arbitral tribunals. Gamboa & Chalela, is a Law Firm with vast trajectory in the handling of domestic and international arbitral tribunals, mainly in the sphere of commercial issues; its Partners are, among others, members of the roster of arbitrators kept by the Arbitration and Conciliation Center of the Chamber of Commerce of Bogotá. Likewise, the Firm has major national and international clients in a variety of economic sectors and it is well known for its involvement in several negotiation and investment projects in the country, comprising representation and counseling to various energy companies operating in Colombia. GAMBOA & CHALELA MIEMBROS DE LA FIRMA NICOLÁS GAMBOA MORALES ngamboa@gamboachalela.com Colegio Mayor de Nuestra Señora del Rosario. Doctor in Law (1970), Master in Business Law Illinois University Master in Comparative Law, Master in Political Sciences JOSÉ FRANCISCO CHALELA MANTILLA jfchalela@gamboachalela.com Colegio Mayor de Nuestra Señora del Rosario. Doctor in Law (1972), Louisiana State University Master in Civil Law Southwestern Legal Foundation Academy of American and International Law ASSOCIATES JORGE LUIS CHALELA MANTILLA jlchalela@gamboachalela.com ADRIANA POSADA VELÁSQUEZ aposada@gamboachalela.com MARÍA MERCEDES ROZO GÓMEZ mrozo@gamboachalela.com LILIANA MEJÍA PÉREZ lmejia@gamboachalela.com JUAN SEBASTIAN LOMBANA SIERRA jslombana@gamboachalela.com LINA MARÍA PATIÑO PERILLA lpatino@gamboachalela.com www.gamboachalela.com VICTOR DANIEL CHALELA MANTILLA vchalela@gamboachalela.com Carrera 9ª No. 70A-35 Pisos 5 y 7 Apartado Aéreo 075792 Phone: +(57)(1) 254 8600 Fax: +(57)(1) 254 8420 +(57)(1) 254 8421 Bogotá Colombia -32-

Labor Migration Godoy Cordoba Abogados is leader on Labor Law, Social Security and Immigration Law, consultancy within the major companies of Colombia. specialized legal advice and for managing a clear view of business transportation, among others. GODOY CORDOBA The professionalism of its members, the opportunity and quality of their advice, have positioned it as an ally of its clients in business projects where human resource management is critical in order to achieve corporate goals. IDIOMAS Spanish English French Greek Social Security, Immigration and Uttu (Legal Protection of Intangible Assets). Which are integrated by twelve lawyers specialized in our areas of expertise, as well as professionals in other areas, which form an CARLOS HERNAN GODOY FAJARDO chgodoy@godoycordoba.com LILLYANA CORDOBA ESCAMILLA lcordoba@godoycordoba.com ASSOCIATES DIEGO FELIPE VALDIVIESO RUEDA dfvaldivieso@godoycordoba.com ANDRES PARDO MENDOZA apardo@godoycordoba.com MARIA XIMENA PHILLIPS BERNAL xphillips@godoycordoba.com JORGE VOIDONIKOLAS MUÑOZ jvoidoniklas@godoycordoba.com VERONICA PELAEZ RAFET vpelaez@godoycordoba.com SANTIAGO MARTINEZ MENDEZ smartinez@godoycordoba.com ANDRES FELIPE PAZ ACUÑA afpaz@godoycordoba.com RODRIGO TANNUS SERRANO rtannus@godoycordoba.com ANA CRISTINA MEDINA GONZALEZ acmedina@godoycordoba.com MARIA ANGELICA TRUJILLO DURAN matrujillo@godoycordoba.com www.godoycordoba.com --- info@godoycordoba.com Phone: +(57)(1) 317 4628 Fax: +(57)(1) 317 4637 MANAGEMENT ANDRES GODOY agodoy@godoycordoba.com BUSINESS DEVELOPMENT VICTORIA OCHOA MENDOZA vochoa@godoycordoba.com COSTUMER SERVICE LINA MARIA VARGAS MARÍN lvargas@godoycordoba.com -34-

law, customs law, foreign trade and investment, foreign exchange and commercial committed to providing personalized and sensitive advice that addresses its clients' priorities and needs and adds value to their businesses and organizations. GODOY & HOYOS degree of legal certainty in their business activities and decision making. Our positions of authorities and judges, and to determine the probable outcomes of disputes in all areas. national and multinational companies, the tax authorities and independent international publications. The Firm was awarded during 2008 and 2009 as the Tax Litigation Firm of the year by International Tax Review -INTERTAX- SOCIOS JUAN PABLO GODOY FAJARDO Law degree from Universidad Javeriana (1988). Professor of Tax Law at several national universities since 1991. He has written articles that have been published by specialized tax magazines and has been co-author to a number of books sponsored by the Colombian Institute of Tax Law, the Colombian Association of Petroleum and Mining Lawyers and the IFA Colombian Branch, among others. Former President and Member of the Executive Council of the Colombian Institute of Tax Law, and of the Executive Council of the Latin American Institute of Tax Law. Former Member of the Executive Council of the College of Attorneys Specializing in Mining and Oil Law. Former President and Member of the Executive Council of the International Fiscal Association (IFA). Mr. Godoy served as Vice President of Finance, General Counsel and, later, interim Chief partner at Baker & McKenzie, and Colombian Director of the Tax and Foreign Commerce practice and Manager of the Tax Department at Arthur Andersen. Mr. Godoy practices in the areas of tax planning, litigation and counseling on national, international and communitarian tax law matters. CATALINA HOYOS JIMÉNEZ Law degree (1998) and Specialization in Tax Law (2000) from Universidad Colegio Mayor de Nuestra Señora del Rosario. Specialization in International Tax Law from Universidad de Santiago de Compostela, Spain (2006 and Universidad Austral de Buenos Aires, Argentina (2002). Professor of Tax Law at several national and international universities since 1998. She is currently doing a PhD program (Universidad de Salamanca, España). She has written articles that have been published by specialized tax magazines and has been co-author to a number of books on tax law. Recently, she was co-coordinator and co-author for a publication of more than 90 European and Latin American tax specialists on Perspectives of Taxation for the XXI Century (sponsored by Marcial Pons Buenos Aires- Madrid- Barcelona). She is correspondent in Colombia to the International Bureau of Fiscal Documentation (IBFD). Member of the Executive Council of the Colombian Institute of Tax Law, Member of the Latin American Institute of Tax Law and of the International Fiscal Association (IFA). Ms. Hoyos also worked as an associate attorney at Holguín, Neira & Pombo and Baker & McKenzie. Ms. Hoyos practices in the areas of tax planning, litigation and counseling on local, national, international and communitarian tax law matters. MANAGER www.godoyhoyos.com --- godoyhoyos@godoyhoyos.com Carrera 14 No. 94-44 Torre B Piso 6 Phone: +(57)(1) 634 8533 Fax: +(57)(1) 634 8530 MARÍA CRISTINA AMAYA A. -36-

Banking & Finance Corporate Dispute Resolution & Investment Protection Intellectual Property Mergers & Acquisitions Natural Resources Pro Bono Tax LANGUAGES With the merger of Gómez Pinzón Abogados and Zuleta & Partners in legal services in Colombia. 14 partners and over 60 lawyers comprise a team that is characterized by its extensive experience nationally and expertise in all areas of business law, including Banking & Finance, Corporate, Mergers & Acquisitions, Pro Bono, Intellectual Property, Tax. Gómez-Pinzón Zuleta Abogados is part of important and recognizable international markets around the world, allowing coordinate legal matters in any jurisdiction. GÓMEZ-PINZÓN ZULETA Spanish English German French Italian ALEJANDRO LINARES CANTILLO ANDRÉS HOYOS RAMÍREZ EDUARDO ZULETA JARAMILLO GERMÁN VILLAMIL PARDO JAIME ROBLEDO VÁSQUEZ JORGE ENRIQUE BARÓN GÓMEZ JOSÉ LUIS SUÁREZ PARRA MAURICIO JARAMILLO CAMPUZANO MAURICIO PIÑEROS PERDOMO PATRICIA ARRÁZOLA BUSTILLO PAULA SAMPER SALAZAR RICARDO FANDIÑO DE LA CALLE SANTIAGO JARAMILLO CARO WILLIAM ARAQUE JAIMES www.gpzlegal.com --- gpzlegal@gpzlegal.com Carrera 43 A No. 9 Sur-91 Phone: +(57)(1) 319 2900 Fax: +(57)(1) 321 0295 Phone: +(57)(4) 313 2211 Fax: +(57)(4) 313 5851 Medellín, Colombia -38-

Holguín Neira & Pombo Abogados provides integral consultancy services to its clients, including aspects pertaining civil, commercial, administrative, tax, and labor aspects. areas of household public utilities (especially electrical power and telecommunications), mining and oil law, environmental law, air, ocean, and multimodal transportation, insurance, infrastructure, privatization processes, foreign investment, internal and external indebtedness, licensing, technology, currency exchange law, mergers and acquisitions (M&A), arbitration, public contracting, and commercial and bank contracts. Holguín Neira & Pombo Abogados was founded during the end of the nineteen sixties by lawyers Guillermo Ospina Fernández, Luis Carlos Neira Archila and Jorge Holguín Pombo, who by that time, occupied the highest professional level among the most outstanding lawyers in Colombia, not only due to their remarkable professional performance, but also for their important academic accomplishments. Holguín Neira & Pombo Abogados has developed in an important manner, to the extent that it now stands out as one of the most have developed a remarkable professional performance but also have maintained continuous academic activity in specialized forums and in national and international universities. providing permanent counseling to national and foreign enterprises in almost all areas of law. Similarly, Holguín Neira & Pombo Abogados has actively participated in the most important processes of concession and privatization which Pombo Abogados has been recognized due to its performance in negotiation processes and its counseling to multinational corporations HOLGUÍN NEIRA & POMBO LUIS CARLOS NEIRA MEJÍA Graduate in law, Colegio Mayor de Nuestra Señora del Rosario. Magister en Corporations, Universidad Javeriana. JOSÉ VICENTE ZAPATA LUGO Graduate in law, Universidad Javeriana Master of laws (Ll.M) Mc Gill University (Montreal, Canadá) JOSÉ IGNACIO LEIVA GONZÁLEZ Graduate in law, Universidad Javeriana Graduate studies in administrative law, Colegio Mayor de Nuestra señora del Rosario www.hnpabogados.com.co --- hnp@hnpabogados.com.co Carrera 7 No. 71-52 Torre B. Of. 1502 Phone: +(57)(1) 312 2473 Fax: +(57)(1) 312 2513 MARCELA CASTRO PINEDA Graduate in law, Colegio Mayor de Nuestra Señora del Rosario Universidad de los Andes -40-

Permanent Tax Advisory Tax Consultancy, Local and International Tax Planning Transfer Pricing Review and Filling of Tax Returns Legal Representation of Foreign Companies Tax and Legal Due Diligence Free Zone Advisory Consultancy for the Subscription of Legal Stability Contracts Trust Advisory Tax Audit Tax Outsourcing Foreign Exchange Regime Foreign Exchange Advisory Attorneys at Law Horwath Colombia is a Member Firm of Crowe Horwath International, one of the Top 10 global networks for Tax, Legal, Audit and Consulting professionals. Horwath Colombia is committed to impeccable quality service, highly integrated service delivery processes and a common set of core values that guide our decisions daily. Our Firm is well-established as a leader in its national business of local laws and tax regulations which is important to clients undertaking new ventures or expanding into other countries. Horwath Colombia is known for its personal service to privately and publicly held businesses in all sectors and has built a local and international reputation in the areas of Tax, Legal, Audit, Consulting and Outsourcing services. Horwath Colombia, our professional attitude: HORWATH COLOMBIA JORGE E. CASTELBLANCO A. jecastelblanco@horwathcolombia.com CEO DANIEL FEGED dfeged@horwathcolombia.com Business Advisor GUILLERMO L. BERRÍO G. glberrio@horwathcolombia.com Consulting Patner JULIÁN JIMÉNEZ MEJÍA jjimenez@horwathcolombia.com Tax and Legal Partner JAIRO ALBERTO HIGUITA N. jhiguita@horwathcolombia.com Tax and Legal Acting Partner Calle 72 No. 8-24 Piso 10 PBX: +(57)(1) 606 7500 Fax: +(57)(1) 606 7885 horwath@horwathcolombia.com ALFONSO RIAÑO G. ariano@horwathcolombia.com Audit Partner ÓSCAR VILLARRUEL R. olvillarruel@horwathcolombia.com Audit Partner YANETH ROMERO REYES bjromero@horwathcolombia.com Audit Partner JUAN CARLOS CUENCA jcuenca@horwathcolombia.com Audit Acting Partner www.horwathcolombia.com Calle 11 No. 100-121 Of. 809 PBX: +(57)(2) 374 7226 Fax: +(57)(2) 682 2872 hwcali@horwathcolombia.com Santiago de Cali, Colombia Calle 7 Sur No. 42-70 Of. 1013 PBX: +(57)(4) 313 9924 Fax: +(57)(4) 313 4920 hwmedellin@horwathcolombia.com Medellín, Colombia MANAGERS BIBIANA BUITRAGO DUARTE bbuitrago@horwathcolombia.com CARLOS CASTELLANOS TORRES ccastellanos@horwathcolombia.com BYRON MONTOYA SALDARRIAGA bmontoya@horwathcolombia.com GLORIA ELENA LÓPEZ glopez@horwathcolombia.com JEIMY LÓPEZ RINCÓN jlopez@horwathcolombia.com SANDRA CARO AGUDELO scaro@horwathcolombia.com JOSÉ FERNANDO SÁNCHEZ jsanchez@horwathcolombia.com HERNÁN GIRALDO MOLINA hgiraldo@horwathcolombia.com Carrera 24 No. 53 A-26 PBX: +(57)(6) 886 1853 Fax: +(57)(6) 881 0229 hwmanizales@horwathcolombia.com Manizales, Colombia -42-

KPMG AREAS OF PRACTICE With more than twenty years of experience in rendering counseling Comercial Law Foreing Investment an Exchange Regulation International Trade and Customs Labor Law Banking Law Securities Litigation Unfair Competition and Antitrust Law Legal Audit (Due Diligence) International, a Swiss cooperative, is nowadays one of the most Impuestos y Servicios Legales Ltda., gathers more than 20 highly supported by professionals in other disciplines with wide knowledge on Thanks to the presence of KPMG in 144 countries and to the global support that it implies, our Firm frequently renders legal and tax counsel in matters that transcend Colombian boundaries, generating services SENIOR MANAGERS MANAGERS JUAN PABLO MURCIA jpmurcia@kpmg.com.co CARLOS ALBERTO BERNAL cbernalbotero@kpmg.com MYRIAM STELLA GUTIÉRREZ msgutierrez@kpmg.com.co VICENTE JAVIER TORRES vjtorres@kpmg.com.co Calle 90 No. 19 C-74 Phone: +(57)(1) 618 8000 Fax: +(57)(1) 610 3245 JORGE ALBERTO SANABRIA jasanabria@kpmg.com.co OSWALDO PÉREZ uperez@kpmg.com.co MARITZA SARMIENTO msarmiento@kpmg.com.co MARÍA CONSUELO TORRES mctorres@kpmg.com.co ORLANDO ROCHA orlandorocha@kpmg.com.co DORIS GUTIÉRREZ dorisgutierrez@kpmg.com.co www.kpmg.com.co --- colombia@kpmg.com.co Carrera 43 A No. 16 A Sur-38 Phone: +(57)(4) 355 6060 Fax: +(57)(4) 313 2554 Medellín, Colombia FANNY PATRICIA LOZANO JESSICA MASSY jmassy@kpmg.com.co ELSY ALEXANDRA LÓPEZ ealopez@kpmg.com.co ALI ALEXANDER CASTRILLÓN acastrillon@kpmg.com.co HUGO MARULANDA hmarulanda@kpmg.com.co MARÍA ISABEL ESPINEL mespinel@kpmg.com.co CAROL DÍAZ cadiaz@kpmg.com.co Calle 4 Norte No. 1 N-10 Piso 2 Phone: +(57)(2) 668 1480 Fax: +(57)(2) 668 4447 Cali, Colombia -44-

Tax Law, Foreign Exchange and Foreign Investment Laws, Foreign Trade and Customs Laws, Corporate and Comercial Laws, Business Law, Estate and Tax Planning for Individuals, Families and Family Owned Enterprises, Arbitration specialized in the following practice areas: Tax Law, Foreign Exchange and Foreign Investment Laws, Foreign Trade and Customs Laws, Corporate and Commercial Laws, Business Law, Estate and Tax Planning for Individuals, Families and Family Owned Enterprises, and Arbitration. market. Lewin & Wills has completed its third decade advising domestic LEWIN & WILLS LANGUAGES relationship with each client. They always have the clear objective of getting to know them better and to have a comprehensive understanding of their organization, their business and their needs, in order to constantly improve and optimize their personalized services. Spanish English French German ASSOCIATES EXTERNAL ADVISORS ALFREDO LEWIN FIGUEROA EMILIO WILLS CERVANTES LAUREANO GÓMEZ ROBAYO ADRIÁN RODRIGUEZ PIEDRAHITA LUZ CLEMENCIA ALFONSO HOSTIOS ANDRÉS FORERO MEDINA DIANA VAUGHAN UMAÑA CLAUDIA CRISTINA CARRILLO A. OLGA FERNÁNDEZ DE SOTO L. MARTA LUZ RAMÍREZ SAKER CRISTINA ROMÁN GAITÁN CRISTINA STIEFKEN ARBOLEDA DIEGO VEGA RAMÍREZ JUAN PABLO WILLS VALDERRAMA SANTIAGO WILLS VALDERRAMA www.lewinywills.com --- ofernandez@lewinywills.com Calle 72 No. 4-03 Phone: +(57)(1) 312 5577 Fax: +(57)(1) 211 7626 MARÍA DEL PILAR ABELLA MANCERA EVANS MAURICIO BERMÚDEZ -46-

Administrative, Admiralty Law, Advertising, Aeronautics, Arbitration, Bankruptcy, Commercial, Competition, Consumer Protection, Constitutional, Copyright, Corporate, Environmental, Exchange, Financial, Foreign Trade, Logistics and Customs, Government Contracting, Health, Insurance, Insolvency, Intellectual Property, Labor, Litigations, Maritime And Admiralty,Migration, Mining,Project Finance, Pro-bono, Real-Estate Law, Securities, Tax Law, Telecommunications and Satellite, Utilities. JOSE LLOREDA CAMACHO & CO., also known as LLOREDA CAMACHO & CO., provides integral legal services to companies and organizations, contributing to their support and creation of value process. and large Colombian corporations. Its practice covers all the areas of law and, through teamwork and an integral approach, enables it to be a trustworthy advisor to its clients for the successful development of their business operations and activities. LLOREDA CAMACHO & CO. is a strategic ally in the business activities of its clients, renders a timely service, wherein its knowledge and high commitment with excellence are essential. It acts preventively and according to the knowledge and the experience gained in years or LLOREDA CAMACHO & CO. MIEMBROS DE LA FIRMA ALICIA LLOREDA Lawyer from the Universidad Colegio Mayor de Nuestra Señora del Rosario. Master s Degree in Law (LLM) from New York University and Specialization Degree in Financial Law from the Universidad de los Andes. Member of the Board of Directors of the INTA and President of the Alternative Dispute Resolution (ADR) Committee of the INTA and member of the Panel of Neutrals of the INTA IGNACIO SANTAMARÍA Lawyer from the Universidad Colegio Mayor de Nuestra Señora del Rosario. Specialization Degree in Financial Law from the Universidad de los Andes and in Administrative Law from the Universidad del Rosario. Graduate Degree in Anti-trust Law from the Association, the Rocky Mountain Mineral Law Foundation, and the International Association of Young Lawyers (IAYL). CLARA INÉS GÓMEZ RÍOS Lawyer from the Universidad Santo Tomás. Specialization Degree in Labor Law from Bogotá s Higher Court and a Graduate degree in Economic Integration from the Universidad de Salamanca in Spain. Participated in the Course for Experts in Labor Relations in Turin as ex-fellowship from the International Labor Organization and in the Improvement Course in Humanitarian International Law of the Universidad Santo Tomás de Aquino in Rome. BERNARDO SALAZAR Lawyer from the Universidad Colegio Mayor de Nuestra Señora del Rosario. Master s Degree (L.L.M) in International Legal Studies from Georgetown University. Studies in British Legal Methods from Cambridge University. Specialization Degree in Civil Procedural Law from the Universidad Externado de Colombia. Diploma in State Contracting from the Universidad Colegio Mayor de Nuestra Señora del Rosario. GUSTAVO TAMAYO Lawyer from the Universidad de los Andes. Specialization Degree in Procedural Law from the Universidad Colegio Mayor de Nuestra Señora del Rosario. Member of the International Bar Association (IBA) and of the American Bar Association (ABA). He has been invited by the International Telecommunication Union (ITU) as expert to set out cases of successful regulation in several Latin American countries. SANTIAGO GUTIÉRREZ Lawyer from the Universidad Javeriana. Specialization Degree in Financial Management from the Escuela Superior de Marketing y Administración (ESMA), in Barcelona, Spain. Member of Lawyers Associated Worldwide (LAW) and of the Javeriana Law School Alumni Association. ENRIQUE ÁLVAREZ Lawyer from the Universidad de los Andes. Master s Degree in Labor Law from the Universidad Bolivariana. Active member of the International Bar Association (IBA) and of the Board of Directors of the Chamber of Legal Services of the ANDI. He has been TATIANA CARRILLO Lawyer from the Universidad Colegio Mayor de Nuestra Señora del Rosario. Master s Degree in International Contract Law from the Universidad de los Andes. Diplomas in Administrative Procedural Law and Competition Law. Member of the Board of Directors of the Colombian Association of Industrial Property (ACPI). ANA MARIA CASTRO WEY Lawyer from the Universidad Colegio Mayor de Nuestra Señora del Rosario. Specialization Degree in Commercial Law from the Universidad Javeriana, and in Law and New Technologies of Life from the Universidad Externado. Diplomas in Administrative Procedural Law and Unfair Competition. www.lloredacamacho.com --- jllcco@lloredacamacho.com Calle 72 No. 5-83 Piso 5 Phone: +(57)(1) 326 4270 +(57)(1) 606 9700 Fax: +(57)(1) 606 9701-48-

National and international contracts Corporate law Insolvency Mergers, and acquisitions Financial law Securities and stock market law Intellectual property Utilities law Administrative law Manufacturing sector International trade law Urban and planning law Constitutional contentious law Foreign investment law Procedures Torts Competition law Established in 1986 as a provider of legal advisory services M&A is risk involved for the clients to make the best possible decision. achieves this through constant communication between the lawyer and updates, which we consider M&A s added value. M&A has these tools available to all its clients among which are large and construction, utilities, and the public sector in general. service covering all legal needs focusing to participate in international business and investment of national capital overseas and foreign capital in Colombia. MANRIQUE & ASOCIADOS EXTERNAL ADVISORS ASSOCIATE CARLOS EDUARDO MANRIQUE cmanrique@mya.com.co Attorney at Law from Universidad de los Andes, with postgraduate studies in Public Management and Administrative Institutions and Master Degree in Law. MARÍA FERNANDA NOSSA mfnossa@mya.com.co Attorney at Law from Universidad de los Andes, with postgraduate studies in Public Management and Administrative Institutions from the same university. ALICIA VILLEGAS TRUJILLO avillegas@mya.com.co ANA MARÍA APONTE URDANETA amaponte@mya.com.co MARGARITA MARÍA GÓMEZ margomez@mya.com.co JAVIER CORTÁZAR MORA jcortazar@mya.com.co JUAN JOSÉ RODRÍGUEZ ESPITIA jjrodriguez@mya.com.co CARLOS EDUARDO JAIMES cjaimes@mya.com.co DIEGO MANRIQUE NIETO dmanrique@mya.com.co VERA ABOGADOS ASOCIADOS www.mya.com.co --- mya@mya.com.co Carrera 7 No. 98-11 Piso 12 Torre 1 Phone: +(57)(1) 258 8247 Fax: +(57)(1) 274 2069 Correspondence: Centro de Digitalización Calle 127 B No. 45-23 JULIANA CAMACHO ARIAS jcamacho@mya.com.co -50-

Corporate and Commercial Law, Financial Transactions, Capital Markets, Litigation, Foreign Investment, Franchising, Anti-Trust, Foreign Exchange Regulation, Intellectual Property, Sanitary Licenses and Arbitration. MOSQUERA ABOGADOS was established in, in 1952 evolved into a professional legal services organization specialized in providing expert legal advice to national and international companies and individuals in all relevant matters for their entry and operation in Colombia, as well as their expansion from Colombia to international markets. Nowadays our services comprise full advisory legal services in Colombia in the areas of Corporate and Commercial Law, Anti-Trust, Foreign Investment, Finance, Capital Markets, Banking, Litigation, Arbitration, Intellectual Property and Sanitary Licenses, with special emphasis also in providing solutions for the various legal needs of our clients in their respective international operations. Thanks to our diverse clients base, from both the national and jurisdictions in the continent and Europe, and the experience of our professionals in both the public and private practice; we have consolidated a solid team of professionals that combine not only their but also in many cases their admittance to other jurisdictions such as the State of New York, in the United States; providing our clients with high MOSQUERA ABOGADOS the myriad of legal issues that our clients face today in the current modern business context. CRISTIAN MOSQUERA cmosquera@mosquera-abogados.com JUAN PABLO MOSQUERA jpmosquera@mosquera-abogados.com MARIA DOLORES MOSQUERA mdmosquera@mosquera-abogados.com EDUARDO SAMEK DE LA ESPRIELLA esespriella@mosquera-abogados.com JOSE ALEJANDRO MOSQUERA jamosquera@mosquera-abogados.com OFELIA DÍAZ BERMÚDEZ odiaz@mosquera-abogados.com ANDREA PATRICIA ALBA apalba@mosquera-abogados.com www.mosquera-abogados.com --- m-a@mosquera-abogados.com Corporate and Finance Practice Carrera 7 No. 71-21 Torre A, Piso 6 Phone: +(57)(1) 317 3040 Fax: +(57)(1) 317 3303 OFF COUNSEL JORGE BUITRAGO ALFARO HECTOR RAUL CORCHUELO LUIS ARCESIO GARCÍA GUILLERMO ARCESIO GOMEZ JAIME GRANADOS JOSE ANTONIO TAMAYO MARIA PAOLA VELASCO CAMILO VILLA Intellectual Property Practice Carrera 8 No. 15-42, Piso 12, Of. 1202 Phone: +(57)(1) 341 3668 Fax: +(57)(1) 224 4181-52-

Urban Law and real estate Administrative law Labour law International Changes regime and Foreign investment Criminal law Litigation Tax Law and customs Corporate law and intellectual property Family Law MIEMBROS DE LA FIRMA CARLOS FELIPE PINILLA ACEVEDO felipepinilla@pinillagonzalezprieto.com Attorney at law and partner of the Firm. Attorney at law and Economist at Javeriana University, Bogotá. Specialized in Judicial, Finance and Tax Accounting Procedures at Los Andes University. University Professor (Javeriana University, Bogotá and University de la Sabana, Bogotá). JUAN MANUEL GONZÁLEZ GARAVITO juanmg@pinillagonzalezprieto.com Attorney at law and partner of the Firm. Attorney at law at University Militar Nueva Granada Bogotá. Specialized in Administrative Law at Rosario University in Bogotá. University Professor (University de la Sabana, Bogotá; University Militar Nueva Granada, Bogotá, Javeriana University) RODRIGO PRIETO MARTÍNEZ rodrigoprieto@pinillagonzalezprieto.com Attorney at law and partner of the Firm. Attorney Graduate Courses in Civil and Commercial Law at University de Navarra, Pamplona (Spain). ALVARO MENDOZA RAMÍREZ alvaromendoza@pinillagonzalezprieto.com Attorney at law at Rosario University, Bogotá. Licensee in Canonic Law at University Javeriana. Studies in Criminal Procedural Law at Università degli Studi (Roma). Economist at Università degli Studi (Roma). Doctor in private law París University. Master in comercial Law, Université de Lovanine (Belgium). Internship at the European Economic Community. Fonds Leon A. Bekaert (Brussels). Our Organization was founded in Colombia by Mr. Eliécer Pinilla in the and abroad. We are a prestigious Firm with national and International recognition. PINILLA, GONZALEZ & PRIETO strengthens their standards of quality and service, using the establishment of interdisciplinary teams of related professionals to the legal, urban planning, real estate, accounting and economic sciences for the attention of the needs of our customers and professional. ASSOCIATE IGNACIO RESTREPO MANRIQUE ignaciorestrepo@pinillagonzalezprieto.com Architect at Los Andes University, Bogotá, D.C. Magister in Urban Design and Architecture at Rice University, Houston, Texas. University Professor (Specialization in urban law University Externado de Colombia). GROUP OF WORK MIGUEL ANGEL BUSTOS VASQUEZ CAMILO A. BARACALDO CÁRDENAS CAMILO CARDONA CASIS ELIANA ANDREA LEAL VALBUENA ÁNGELA MARÍA CAICEDO ROZO PAULA MORENO RUEDA SANDRA MILENA LIZCANO ZEA OSCAR JAVIER MARTINEZ CORREA BIBIAN NATALIA ROBAYO BAUTISTA JULIÁN FELIPE ROJAS RODRÍGUEZ MICHAEL WIESNER SABOGAL MARIA FERNANDA GUTIÉRREZ JÁCOME MIGUEL HENAO HENAO MÓNICA RODRÍGUEZ TRUJILLO DAVID GARZÓN GÓMEZ LINA MARIA OSPINA ARISTIZABAL www.pinillagonzalezprieto.com --- pgp@pinillagonzalezprieto.com Avenida Calle 72 No. 6-30 Piso 4 PBX: +(57)(1) 210 2100 Fax: +(57)(1) 211 9465 LADY YESENIA PINZÓN RIVERA MARIA DEL ROSARIO RENGIFO JOYCE ANDREA TORRES PINZÓN CARLOS ANDRÉS GUANTIVA VILLAMIL DAVID MATIZ PINILLA JOSÉ DOMINGO PALOMINO PÉREZ CARLOS ALBERTO ZUBIETA CORTÉS ADRIANA PAOLA RODRÍGUEZ SOTO KAREN PAOLA RODRÍGUEZ MORALES PABLO EMILIO FETECUA MONTAÑA SONIA MILENA SILVA DUARTE EDGAR GUTIÉRREZ CASTELLANOS LEIDY YURANI ARÉVALO DELGADO PINILLA, GONZALEZ & PRIETO -54-

Mergers and Acquisitions. Infrastructure and PPPs. Natural Resources and Energy Law (oil and gas, mining, power generation and transmission). Finance and Capital Markets. Tax Planning and International Commerce. Dispute Resolution, Litigation, Bankruptcy and Reorganizations. Corporate Law. Competition Law. generating business solutions, which optimize the client s return on investment while minimizing risks. Its partners have extensive and very successful experience in energy and natural resources, mergers and markets, local and international litigation, competition law, infrastructure and PPPs. legal services to multinational companies doing business in Colombia or with colombian entities, as well as leading colombian companies. The Colombia, including some of the world s largest corporations. On the verge of greatness well equipped to remain at the very top of the tree. Clients credited the team with extensive expertise, high-quality, global standards of responsiveness and an unpretentious attitude to business. I trust their opinions with my eyes closed. - Chambers & Partners POSSE, HERRERA & RUIZ ABOGADOS tax advisory work as well as telecoms and litigation, seen as key areas of strength. - Latinlawyer JAIME HERRERA jaime.herrera@phrlegal.com M&A, Infrastructure & PPPs, Natural Resources and Energy DANIEL POSSE daniel.posse@phrlegal.com Dispute Resolution, Litigation, Bankruptcy and Reorganizations MARIANA POSSE mariana.posse@phrlegal.com Finance and Capital Markets JOSÉ ALEJANDRO TORRES josealejandro.torres@phrlegal.com Corporate law, infrastructure & PPPs and Antitrust law www.phrlegal.com --- phr@phrlegal.com Carrera 7 No. 71-52 Torre A Piso 5 Phone: +(57)(1) 325 7300 Fax: +(57)(1) 325 7313 FRANCISCO URRUTIA francisco.urrutia@phrlegal.com Natural Resources and Energy and M&A JUAN GUILLERMO RUIZ juanguillermo.ruiz@phrlegal.com Tax planning and International Commerce ÁLVARO JOSÉ RODRÍGUEZ alvaro.rodriguez@phrlegal.com Natural Resources and Energy, Environmental law and Antitrust law. ALESSIA ABELLO alessia.abello@phrlegal.com Infrastructure and PPPs and Private Equity -56-

Tax Consulting. Local and international Tax Planning. Tax Information on Magnetic Media. Income Tax Return Preparation / Advice. International Assignments (Expatriates). Mergers and Acquisitions. Tax Outsourcing.Review of Periodic Returns. Tax Diagnostics. Requests for Refunds of Tax Overpayments. Tax Litigation administrative and judicial. Transfer Pricing. Corporate Law. Foreign Exchange Regime and Foreign Investment. Commercial Law Customs Law. Labor Law. Competition Law. Mergers and Acquisitions. Foreign Trade PricewaterhouseCoopers (www.pwc.com) drawing on the knowledge and skills of more than 163,000 people in 151 countries, builds relationships by providing services based on quality and integrity. in all areas of the law. In Colombia, PricewaterhouseCoopers Servicios Legales y Tributarios is and economists integrated in a team of 60 professionals. requirements of the market, based on such strategic fundamentals as: our people, industry, product and services-based approach, PRICEWATERHOUSECOOPERS CARLOS MARIO LAFAURIE carlos_mario.lafaurie@co.pwc.com ELIANA BERNAL CASTRO eliana.bernal@co.pwc.com MARÍA HELENA DÍAZ MÉNDEZ maria_helena.diaz@co.pwc.com ASSOCIATE PARTNER CARLOS MIGUEL CHAPARRO carlos.chaparro@co.pwc.com - Calle 100 No. 11A-35, piso 5 Phone: +(57)(1) 634 0555 Fax: +(57)(1) 218 8544 - Carrera 7ª No. 156-80, Piso 19 Phone: +(57)(1) 668 4999 Fax: +(57)(1) 673 8575 -Carrera 106 No. 15-25 Mz 17 Bodega 85 Phone: +(57)(1) 743 0111 Fax: +(57)(1) 439 5087 DIRECTOR NACIRA LAMPREA OKAMEL nacira.lamprea@co.pwc.com SENIOR MANAGERS HERNÁN DÍAZ MÉNDEZ GERMÁN GARCÍA ORDUÑA JORGE IVÁN MÉNDEZ RICARDO SUÁREZ ROZO Calle 7 Sur No. 42-70, T. 2 P. 11 Phone: +(57)(4) 325 4320 Fax: +(57)(4) 325 4322 Medellín, Colombia www.pwc.com/co Centro Empresarial de las Américas Calle 77B No. 57-141, Piso 8 Phone: +(57)(5) 368 2960 Fax: +(57)(5) 353 2315 Barranquilla, Colombia MANAGERS ADRIANA FERNÁNDEZ LÓPEZ ALEXANDRA TRUJILLO CASTELLANOS ANDRÉS ANGARITA ALVAREZ ARLEY ALFONSO ALVAREZ CARLA SARMIENTO COLMENARES FRANCISCO GONZÁLEZ CEBALLOS JHONNY MARTÍNEZ GRANADOS MARCELA RAMÍREZ STERNBERG MICHAEL ANDERSON GÓMEZ PEDRO PABLO OSMAN GÓMEZ RAFAEL PARRA CORREA WILSON HERRERA ROBLES YESID ORTIZ ORTIZ Calle 19 Norte No. 2N-29, Piso 7 Phone: +(57)(2) 684 5510 Fax: +(57)(2) 684 5510 Cali, Colombia -58-

Administrative and Government Law. Antitrust and Competition Law. Aviation Law. Banking and Finance Law. Bankruptcy and Insolvency. Capital Markets and Securities. Corporate Law. Energy and Public Utilities Law. Environmental Law. Foreign Investments. Infrastructure. Insurance Law. Intellectual Property Law. International Labor Law. Labor Law. Litigation and ADR. Maritime Law. Mergers and Acquisitions. Private Clients. Privatizations. Project Finance. Real Estate, Securities. Sports & Entertainment Law. Tax Law. Telecommunications Law. Prieto & Carrizosa is a leading full service law We provide comprehensive legal services of the highest quality based on a thorough understanding of the legal and commercial context in which our clients operate. Our success is based on a proactive approach to the practice of law. We believe that helping our clients develop strategies for the future and advising them in their day-to-day operations adds value to their businesses and organizations. This is why we hire hardworking, goal-oriented individuals and train industry, government, NGOs, and academia. They are deeply committed we are able to provide legal counsel and representation to local companies and multinational corporations, individuals and government entities in a broad range of practices. PRIETO & CARRIZOSA LANGUAGES Spanish English French German For the past ten years we have advised the Colombian government in major privatization processes. We have worked on sophisticated mergers and acquisitions. We have been instrumental in major cross-border deals. We have contributed to the growth of our program that serves those who are most in need. Prieto & Carrizosa is employees, and our communities. Through sustained investment in management infrastructure, in innovative business practices, and in our lawyers expertise, we aim to widen the scope of our services and strengthen our role as regional leaders in the practice of law. JUAN MANUEL PRIETO MARTÍN CARRIZOSA JORGE DI TERLIZZI JUAN CARLOS ROCHA MARTÍN ACERO CLAUDIA BARRERO MAURICIO PATIÑO HÉCTOR HERNÁNDEZ FELIPE CUBEROS JUAN FERNANDO GAVIRIA www.prietocarrizosa.com --- prietocarrizosa@cable.net.co PBX: +(57)(1) 326 8600 Fax: +(57)(1) 326 8610 OF COUNSEL JOSÉ ANTONIO LLOREDA -60-

Tax advice and litigation. Tax planning at the national and international levels, Tax advice in mergers and acquisitions, arbitration and tax related administrative proceedings, and consulting for public policy design. Quiñones Cruz Ltda. was founded in November 6th, 1978, by its partners Antonio Quiñones Montealegre and Lucy Cruz de Quiñones. Specialized partners, with the assistance of an exclusive team of specialists in Tax, Constitutional, Administrative, International, and Financial Law. Year 2007 in Colombia by the magazine International Tax Review. The pole conducted by El Espectador amongst the most important businessmen in Colombia, as well as in the poles conducted by Chambers Latin America and Martindale Hubbell. Amongst our clients we include Citibank, Colombia Stock Exchange, Fiduciaria Bogotá, and Banco de la República in the banking sector; BP, Chevron, Occidental de Colombia, Ecopetrol and Ocensa in the oil and gas industry; Emgesa, Epsa, CHB, and Isagen in the energy industry and in other sectors Meals, Team Group, Miratex, Carulla, OLSA, El Espectador, and Semana. QUIÑONES CRUZ LTDA. ANTONIO QUIÑONES MONTEALEGRE Senior Partner, J.S.D. Magna Cum Laude,_Universidad de Salamanca, 2009. LUCY CRUZ DE QUIÑONES Senior Partner, J.S.D. Magna Cum Laude, Universidad de Salamanca, 2002. NATALIA QUIÑONES CRUZ Junior Partner, J.D., Philosopher, Summa Cum Laude, Universidad de Los Andes, LLM in Taxation, Diploma de Excelencia, Universidad del Rosario, and LL.M. in International Taxation, Wallace Scholar, New York University. ASSOCIATES JENNIFER GIRALDO J.D. JOSÉ FERNANDO GORDILLO LLM in Constitutional Law, Universidad del Rosario. MARÍA FERNANDA GÓMEZ LLM in Taxation, Universidad de los Andes, LLM in Administrative Law, Universidad del Rosario, LL.M. in Law and Economics, Universidad Javeriana. MELISSA MUÑOZ LLM in Corporate Law and Taxation, Universidad de los Andes. RICARDO PÉREZ LLM in Taxation and Financial Law, Universidad del Rosario. ALEJANDRO RÍOS LLM in Taxation, Universidad del Rosario. www.quinonescruz.com --- qc@quinonescruz.com Carrera 9A No. 99-02 Of. 502 A Phone: +(57)(1) 618 2883 Fax: +(57)(1) 618 2840-62-

Business strategies, International Negotiations, Commercial Treaties, Dumping and Safeguards Investigations, Market Analysis, Strategic Alliances, International Trade, Training and Seminars, Free Zones, recipients of investment, Technical Lobby and Foreign Investment. RESEARCH AND OPPORTUNITIES International Strategy Consultants meets the knowledge and experience of those who have led the process of internationalization of the Colombian economy and the development of foreign trade law in Colombia, to provide an advice that will allow you to expand your borders and discover new opportunities at the institutional and enterprise level. Our experience in public and private sectors enables us to work as part of your team at identifying opportunities in Colombian and International scenarios to improve the competitiveness of your company in the global context. We have a broad portfolio of services tailored to your needs, an interdisciplinary team of professionals and a large network of strategic and a permanent accompaniment. RESEARCH & OPPORTUNITIES ANGELA MARÍA OROZCO aorozco@ryo.com.co Lawyer, Universidad Javeriana; Post Graduate Degree in Economic Law, Universidad Externado de Colombia; Master in Comparative Jurisprudence, University of Texas; Fellow of the World Yale Fellow Program. Former Minister of Foreign Trade of Colombia; Chief Executive Agency; Deputy Minister of Foreign Trade; and International and General Manager of ASOCOLFLORES, the Colombian Association of Flower Exporters. She participated actively in the design and execution of Colombian export plan and the productivity and competitiveness policy. Since 1991 is involved in the Colombian internationalization, participating in the development of the antidumping legislation and the export promotion policies. OLGA LUCÍA LOZANO olozano@ryo.com.co Lawyer, Universidad del Rosario; Masters in Financial Legislation and in International Negotiations, Universidad de los Andes, with experience in foreign trade topics. She has participated in international disputes as Chairperson of the DS Panel between Mexico and El Salvador and in multilateral organisms as Chairperson of the WTO Subsidies Committee. Advisor of the Foreign Trade Superior Council; Minister Counselor and Deputy Permanent Representative at the Colombian Mission to the World Trade Organization; and Vice-President of ACOPLASTICOS, the Colombian Association of Plastics Industries. www.ryo.com.co Phone: +(57)(1) 321 6100 Fax: +(57)(1) 321 6100 Ext. 102-64-

Finance, Insurance And Capital Markets Law Corporate Law Tax Law Administrative Law Family Enterprises Corporate Social Responsibility Dispute Resolution specialized legal counseling with high managerial contents in its areas of practice. Renown for its deep and solid legal knowledge, its capacity to design professional and managerial experience of its members as well as the personalized and direct attention given to its clients. helps its clients anticipate events generated by their business strategy. Its mission, from this standpoint, is to support management in the accomplishment of the company s objectives, and to develop new products and services, attending certain principles such as legal RODRÍGUEZ - AZUERO SERGIO RODRIGUEZ AZUERO srodriguez@rodriguezazuero.com SANTIAGO JARAMILLO VILLAMIZAR sjaramillo@rodriguezazuero.com JUAN CAMILO RODRIGUEZ BRAVO jcrodriguez@rodriguezazuero.com CÉSAR PRADO VILLEGAS cprado@rodriguezazuero.com SANDRA MARÍA SARRIA MEDINA ssarria@rodriguezazuero.com BENJAMIN CUBIDES PINTO bcubides@rodriguezazuero.com ASSOCIATES MARIA JULIANA NAVAS BRETÓN jnavas@rodriguezazuero.com EDGAR ELIAS MUÑOZ JASSIR emunoz@rodriguezazuero.com VERONICA ARANGO LUX varango@rodriguezazuero.com LAURA TOVAR NIÑO ltovar@rodriguezazuero.com SYLVIA DI TERLIZZI ESCALLÓN sditerlizzi@rodriguezazuero.com JUAN DAVID VELASCO KERGUELEN jdvelasco@rodriguezazuero.com JUAN GUILLERMO BECERRA JARAMILLO www.rodriguezazuero.com --- abogados@rodriguezazuero.com Calle 75 No. 3-53 Phone: +(57)(1) 321 8910 Fax: +(57)(1) 321 8910 Ext. 333-66-

Foreign Investment - Oil, Gas and Mining Industry - Corporate Law - Mergers & Acquisitions - Due Diligence Processes - Business Law - Labor Law and Immigration - Banking and Financial Institutions - Tax Law - Foreign Exchange - Foreign Trade - Administrative Law - Contracts with Governmental Entities - Bidding Processes - Procedural Law Litigation - Civil, Commercial, Labor and Administrative Proceedings - Environmental Law - Corporate Social Responsibility - Corporate Governance - Intellectual Property - Trade Names and Licensing Aviation. best the needs of our clients. Our team of lawyers, economists, business in a tailored approach to address client matters. These professionals are achieving maximum results and success. SANCLEMENTE FERNANDEZ ABOGADOS ANTONIO SANCLEMENTE VELASQUEZ Lawyer, Universidad Nacional de Colombia with postgraduate studies in labor law, Universidad Nacional de Colombia. Program of Instruction for Lawyers, Harvard Law School JOSE GABRIEL FERNANDEZ CARDONA Lawyer, Colegio Mayor de Nuestra Señora del Rosario, with Javeriana. DIANA SANCLEMENTE ARENAS Lawyer, Colegio Mayor de Nuestra Señora del Rosario. Master of Laws (L.L.M.) Georgetown University ANGELA SANCLEMENTE ARENAS with postgraduate studies in tax law, Universidad de Los Andes. CESAR AUGUSTO LOZANO GUTIERREZ Lawyer, Universidad Externado de Colombia. Program in ASSOCIATES MARTA HELENA BONILLA-DE FERNANDEZ FREDY CASTAÑO-ROJAS JORGE MARTINEZ-VILLAMIL CLAUDIA RODRIGUEZ-ZULUAGA TERESITA CARDONA-GARCIA MAURICIO ACEVEDO-MARQUEZ BIBIANA CAMACHO-REYES JUAN MAURICIO JOYA-LIZARAZO DANILO ROMERO-RAAD JORGE ENRIQUE GUTIERREZ-AVILA EMMANUEL CABRA-MARTINEZ ROBERT STEWART MARIA ELENA-LARES ALEJANDRA-VALDERRAMA CARLOS ANDRES-SALAZAR KAREN SOFIA-NIGRINIS SEBASTIAN FERNÁNDEZ-BONILLA www.sfa.com.co --- info@sfa.com.co Carrera 9 No. 69-70 Phone: +(57)(1) 310 0555 Fax: +(57)(1) 255 9372-68-

The Firm provides a Corporate and Intellectual Property Management with focus on corporate value development and risk management. It s matters pertaining to Corporate law, Intellectual and Industrial Property, Litigation, Foreign Investment, Commercial Law, Contracts, Corporations, Taxes and Management Consulting. Its proactive approach to the client management, provided exclusively by market-proven senior partners, allows the Firm to have an integral view of its clients issues to optimize its service and deliver results that The Firm s legal expertise is strengthened and complemented with services in the Management Consulting and International Business Development areas, which include among others: Scenario Strategic Planning, Corporate Governance, Organizational Design, Commercial TRIANA, URIBE & MICHELSEN FERNANDO TRIANA LAURA MICHELSEN JUAN CARLOS URIBE JUAN PABLO TRIANA ASSOCIATES ALVARO TRIANA ANDRÉS MEDINA CAROLINA POSADA PAULA OSORIO MARCELA GÓMEZ MARA LÓPEZ ÁNGELA SERRANO HENRY PARRA SANDRA MÉNDEZ CAMILO SUÁREZ JUAN GUILLERMO OTERO GIOVANNY REYES www.tumnet.com --- tum@tumnet.com PAOLA TORRENTE CAROLINA DÍAZ NATALIA BOHÓRQUEZ Calle 93B No. 12-48 P.4 Phone: +(57)(1) 601 9660 +(57)(1) 621 5810 Fax: +(57)(1) 611 4209-70-

Tax Law International Tax Law Corporate Law International Fiscal Planning Establishment of Legal Structures and International Fiscal Structures Emphasis on International Business Free Trade Zones Contracts of Legal Stability Exchange and Foreign Investment Law Customs and Foreign Trade Law Transfer Prices Mergers and Purchases Real Estate Law Telecommunications and Technology Law areas of international business law. We are one of the oldest and most knowledge in the most far-reaching areas of law. Currently, we employ consist of a director and an accountant with their personal assistant proud to say that, over the years, this has allowed us to become an access point for investment opportunities in Colombia. and excellence, a basic principle that compels us to succeed, and at the same time demands constant investigation and development for more URIBE & LARGACHA ASSOCIATES RODRIGO URIBE LARGACHA ALFREDO URIBE CARBONELL BEATRIZ LARGACHA DE URIBE NIELLA SABBATINO LUISA MANCILLA GINA REYES ANGELA GONZALEZ MARTHA ESCUDERO EMIL VILARDY www.ul.com.co STRATEGIC ALLIES CORPORATE AGENTS www.corprate-agents.co BALLARD & BALLARD www.ballardlaw.net GUARDELA & TRUJILLO www.gtltda.com E-BUSINESS CONSULTING GROUP S.A. Carrera 51 No. 79-34 Of. 501 Phone: +(57)(5) 361 7590 Fax: +(57)(5) 368 8548 USA Phone: +(1)(786) 431 3468 Barranquilla, Colombia -72-

Integral legal advice to Foreign and National Investors in the following areas: Real State, Commercial and Business law, Civil Law, Labour Law, Tax Law, Customs Law and Registration of Investments (Exchange regime). Immigration Law. Intellectual Property Law (registration of trademarks). Financial Advisory Services. Advisory Services in Franchise. consultants, founded in 1986, mainly focused on providing integral legal advice to Foreign and National Investors in various areas. professionals, with a commitment to satisfy the needs of our clients in an agents and correspondents in the main cities of Colombia and various cities worldwide in order to provide ideal service to multinational clientele. VELEZ BENEDETTI LANGUAGES Spanish English French RICARDO VELEZ PAREJA Lawyer from the University of Cartagena, specialized in Public Law from Universidad Externado de Colombia. banks, private companies and public sector. RICARDO VELEZ-BENEDETTI Lawyer from the University of Cartagena, specialized in Negotiation and Law from Universidad del Norte. Experience: Former diplomat of the Permanent Mission of Colombia to UN, Geneva-Switzerland. Advisor of Foreign Investors. ERNESTO VELEZ-BENEDETTI Lawyer from the Universidad Javeriana de Bogotá, specialized in Commercial Law from Universidad Javeriana and Custom Law from Universidad San Buenaventura. Experience: Litigation Lawyer, advisor of banks, foreign investors and public entities. MARCELLA CARVAJALES Foreign Trade Administrator, with a MBA from Webster University in Geneva. Experience: Advisor in real state, business planning and foreign trade. www.velezbenedetti.com --- ricardo@velezbenedetti.com Phone: +(57)(5) 664 5071 Fax: +(57)(5) 664 0140 Mobile: +(57) 313 532 2269 Cartagena de Indias, Colombia -74-

Industrial property, Trademarks, Patents, Copyrights, New Technologies, Disloyal Competition, Commercial Practices, Sanitary Rights, Community Right, Administrative law, Tax Law, Corporate Right and Foreign Investment. VERA ABOGADOS ASOCIADOS S.A. was founded in 1972, principally to serve the legal needs of the business sector in the area of Intellectual Property, in Colombia and abroad. The Firm is today a reference in the Andean Community, and it makes International Network of Law Firm, The International Trademark Association (INTA), Asociación Interamericana de Propiedad Industrial (ASIPI) y la Associação Brasileira da Propriedade Intelectual (ABPI). consultation through www.veraabogadossa.com, which allows VERA ABOGADOS s clients to learn the actual status of each of the VERA ABOGADOS ASOCIADOS JORGE ENRIQUE VERA VARGAS CAROLINA VERA MATIZ NATALIA VERA MATIZ ASSOCIATES MARCELA AFANADOR BURGER GUSTAVO BLANCO PINTO DIEGO BUITRAGO FLÓREZ MAURICIO CHEYNE TENORIO GERMÁN A. CUESTAS C. ERNESTO GARCÍA ZAPATA LEONARDO GÓMEZ CUARTAS LUIS FERNANDO QUINTERO RICO LUIS E. QUINTERO VARGAS MILENA SANDOVAL ALVARO VALLADARES ALDÁS RENATO VALLADARES ALDÁS REINALDO VÁSQUEZ ALZATE Calle 70 A No. 11-43 Phone: +(57)(1) 317 6650 +(57)(1) 312 7928 Fax: +(57)(1) 212 6167 AUDITORS FERNANDO GÓMEZ DIEZ MAURICIO GALEANO URREGO MYRIAM ANDREA PIRAQUIVE FOREIGN COMMERCE AND ADMINISTRATION PROFESSIONALS SANDRA LILIANA RIOS MEDINA JENNY GUZMÁN LÓPEZ NASLY CAMARGO PARALEGALS MARIA ELENA RODRÍGUEZ DIANA MILENA VALENZUELA KATHERINE SIERRA PEÑA JUAN CARLOS SALAMANCA www.veraabogadossa.com --- vera@veraabogadossa.com Phone: +(57)(5) 358 0020 Fax: +(57)(5) 358 0020 Barranquilla, Colombia Carrera 72 B No. 75-38 Phone: +(57)(4) 422 6180 Fax: +(57)(4) 422 6180 Medellín, Colombia Carrera 85 A No. 16-22 Ingenio 3 Phone: +(57)(2) 332 6510 Fax: +(57)(2) 682 4863 Cali, Colombia ENGINEERS JULIO SCHMIDT KÓSA WILSON VANEGAS DEAZA ENRIQUE DURÁN MELANDRO ADVERTISING FABIO ANDRÉS QUINTERO G. CHEMISTS MARIO QUINTERO VARGAS PATRICIA VIDAL ARANZAZU PROFESSIONAL CONSULTANTS DARIO FERNANDO RUIZ MILLÁN FABIO J. QUINTERO VARGAS JAIR MONTOYA Av. 06 de Diciembre y La Niña Phone: +(59)(2) 229 7528 Fax: +(59)(2) 229 7528 Quito, Ecuador -76-

www.colombiaespasion.com www.inviertaencolombia.com.co www.investincolombia.com.co infoinversion@proexport.com.co +(57)(1) 561 1804