INDICATORS TO JANUARY 2,013 HISTORICAL EVOLUTION OF STOCK EXCHANGE INDICES IGBC VARIATION TO LAST MONTH VARIATION TO LAST YEAR VARIATION YEAR TO DATE COL20 - COLCAP COL20 VARIATION TO LAST MONTH VARIATION TO LAST YEAR VARIATION YEAR TO DATE 2,000 Minimum DATE COLCAP 2-ENE-2,013 1,824.93 30-ENE-2,013 1,869.98 DATE COL20 8-ENE-2,013 1,347.89 25-ENE-2,013 1,382.67 DATE IGBC 8-ENE-2,013 14,630.77 29-ENE-2,013 15,035.59 14,000 1,600 12,000 10,000 1,200 8,000 800 6,000 4,000 400 Maximum 2,000 0 0 Ju lFe 2,0 b - 01 Se 2,0 p - 02 Ap 2 ,00 r- 2 N 2,0 ov 03 Ju 2 ,0 n - 03 Ju 2,0 n - 04 Au 2,0 g - 05 M 2 ,0 ar 05 -2 O ,00 ct 6 M - 2,0 ay 0 - 6 D 2,0 ec 0 -2 7 Ju ,00 l- 7 Fe 2,0 b - 08 Se 2,0 p - 09 Ap 2 ,00 r- 9 N 2,0 ov 10 Ju 2 ,0 n - 10 Ju 2,0 n - 11 Au 2,0 g - 12 2, 01 2 JAN - 2,013 16,000 COL20 MARKET CAPITALIZATION COLCAP TOTAL VOLUME JANUARY ACCUMULATED MONTHLY AVERAGE 2.013 240000 4000 200000 3500 3000 160000 2500 120000 2000 1500 80000 1000 40000 500 0 0 Ju l -2 Ja ,00 n- 1 2 Ju ,00 l -2 2 Ja ,00 n- 2 2 Ju ,00 l -2 3 Ja ,00 n- 3 2 Ju ,00 l -2 4 Ja ,00 n- 4 2 Ju ,00 l -2 5 Ja ,00 n- 5 2, Ju 006 l -2 Ja ,00 n- 6 2 Ju ,00 l -2 7 Ja ,00 n- 7 2 Ju ,00 l -2 8 Ja ,00 n- 8 2 Ju ,00 l -2 9 Ja ,00 n- 9 2 Ju ,01 l -2 0 Ja ,01 n- 0 2 Ju ,01 l -2 1 Ja ,01 n- 1 2 Ju ,01 l -2 2 Ja ,01 n- 2 2, 01 3 163.805.669.866 163.805.669.866 3.439.919.067.186 3.439.919.067.186 AVERAGE DAILY VOLUME ACCUMULATED AVERAGE DAILY VOLUME 280000 4500 Number of Transactions STOCK MARKET VOLUMES 5000 NUMBER OF TRANSACTIONS STOCK MARKET 2.611 2.611 54.827 54.827 DAILY AVERAGE NUMBER OF TRANSACTIONS JANUARY ACCUMULATED DAILY AVERAGE No. OF TRANSACTIONS TOTAL NUMBER OF TRANSACTIONS JANUARY ACCUMULATED No. OF MONTHLY TRANSACTIONS JANUARY N U MBER OF TR AN SAC TION S INSTRUMENTS WITH HIGH LIQUIDITY FUNCTION AMOU N T ISSUERS WITH THE LARGER STOCK EXCHANGE CAPITALIZATION LIQUIDITY FUNCTION 232,309,346.28 EC OPETR OL S.A. 2.204 1.948 1.800 1.429 1.205 1.072 0.916 0.578 0.573 0.565 BAN C OLOMBIA S.A. 26,203,172.65 GR U PO AVAL AC C ION ES Y VALOR ES S.A. 23,350,682.74 IN VER SION ES AR GOS S.A. 18,217,572.31 BAN C O D E BOGOTA S.A. 16,057,085.61 ALMAC EN ES EXITO S.A. 14,860,463.29 C EMEN TOS AR GOS S.A. 12,599,295.07 EMPR ESA D E EN ER GIA D E BOGOTA S.A. E.S.P. 12,302,777.20 COP$ millions VOLUME BY TYPE OF TRANSACTION BY TYPE OF TRANSACTION IN THE MONTH SECONDARY MARKET MONTH OF JANUARY DE 2,013- COP$ MILLIONS CASH REPO TTV 3.439.919 576.168 4.049 ACCUMULATED SECONDARY MARKET TO JANUARY DE 2,013 - COP$ MILLIONS CASH REPO TTV 3.439.919 576.168 4.049 CASH 85.57% TTV 0.10% REPO 14.33% Jun-2,013 Dec-2,012 Nov-2,012 Oct-2,012 Sep-2,012 Aug-2,012 Jul-2,012 Jun-2,012 May-2,012 Apr-2,012 Mar-2,012 Feb-2,012 Jun-2,012 Dec-2,011 Nov-2,011 Oct-2,011 Sep-2,011 Aug-2,011 Jul-2,011 Jun-2,011 May-2,011 Apr-2,011 Mar-2,011 Feb-2,011 Jun-2,011 COP$ MILLIONS MARKET CAPITALIZATION 500 ,000 ,000 480 ,000 ,000 460 ,000 ,000 440 ,000 ,000 420 ,000 ,000 400 ,000 ,000 380 ,000 ,000 360 ,000 ,000 BY TYPE OF TRANSATION ACCUMULATED TTV 0.10% REPO 14.33% CASH 85.57% Amount (in Millions of Pesos ) 495.240.706.146.895 2,47% 18,31% 2,47% 279.285.774.146 2,37% 21,10% 2,37% IN MILLIONS OF PESOS % Variation during the month % Variation during yhe year % Variation year to date IN DOLLARS % Variation during the month % Variation during the year % Variation year to date PREC ENKA ECOPETROL TABLEMAC CNEC PFHELMBANK PFBCOLOM FABRICATO BVC GRUPOSURA IGBC DAILY AVERAGE VOLUME AND DAILY AVERAGE NUMBER OF TRANSACTIONS JANUARY 2,013 TICKER IGBC 1,866.21 1,83% 14,24% 1,83% 1,376.59 2,12% -2,66% 2,12% 14,981.55 1,81% 8,07% 1,81% COLCAP VARIATION TO LAST MONTH VARIATION TO LAST YEAR VARIATION YEAR TO DATE MOST VALUED STOCK IN THE YEAR MOST TRADED STOCKS IN THE YEAR IN COP$ MILLIONS ECOPET ROL 585 ,905 PREC CNEC 207 ,061 PFBCOLOM 166 ,486 CLH 165 ,826 8.61% 8.32% CEM ARGOS 174 ,256 INVERARGOS 11.33% CELSIA 183 ,077 GRUPOSURA 11.97% INVERARGOS 190 ,035 ICOLCAP 17.75% CLH 214 ,399 EXIT O 18.92% FAM ILIA 250 ,971 EEB 19.66% PROT ECCION 332 ,768 PFGRUPSURA 30.00% VALINDUST R 8.24% M INEROS PFINVARGOS 6.47% MOST VALUED STOCK IN THE MONTH MOST TRADED STOCKS IN THE MONTH IN COP$ MILLIONS ECOPET ROL 585 ,905 PREC 214 ,399 ICOLCAP C N EC 174 ,256 8.32% 8.24% 166 ,486 MIN ER OS CLH 165 ,826 PF IN VAR GOS MOST TRADED STOCKS BY QUANTITY IN THE MONTH T ABLEM AC 834 ,941 ,659 TABLEMAC EC OPETR OL PF AVAL 93,420 ,527 61,906 ,237 ENKA 436 ,536 ,788 154 ,879 ,746 EEB 106 ,182 ,309 PFAVAL 834 ,941 ,659 BVC 154 ,879 ,746 ECOPET ROL 6.47% MOST TRADED STOCKS BY QUANTITY IN THE YEAR 436 ,536 ,788 EEB 8.61% C EMAR GOS INVERARGOS BVC 11.33% C ELSIA 183 ,077 PFBCOLOM 11.97% IN VER AR GOS 190 ,035 GRUPOSURA 17.75% C LH 207 ,061 EXIT O 18.92% F AMILIA 250 ,971 EEB 19.66% PR OTEC C ION 332 ,768 PFGRUPSURA 30.00% VALIN D U STR EN KA 106 ,182 ,309 93,420 ,527 61,906 ,237 PFHELM BANK 26,110 ,188 PF H ELMBAN K 26,110 ,188 ET B 19,500 ,370 ETB 19,500 ,370 FGNT OLIM A 18,746 ,616 F GN TOLIMA 18,746 ,616 16,193 ,797 ISAGEN 16,193 ,797 ISAGEN LIQUIDITY HIGH LOW TOTAL AGRICULTURE COMMERCE FINANCIAL INDUSTRY INVESTMENT FUNDS OTHER SERVICES PUBLIC UTILITIES TOTAL 2 13 15 14 16 10 5 5 8 6 7 50 63 2 28 30 15 13 13 113 12 12 ISSUERS BY LIQUIDITY 64 62 60 58 56 54 52 50 63 50 HIGH LOW January BUYERS JANUARY 2,013 Investor Type # Buyers SCB Extranjeros Pna Colombiana Fdo de Pensiones y Cesantías Sector Real Fdos Extranjeros Carteras Colectivas Fondos Programas de ADRs Compañías de Seguros Fiduciarias Sociedades de Inversión Cooperativas TOTAL ACCUMULATED BUYERS 2,013 Amount Investor Type % 22 240 4.967 24 594 89 28 54 7 16 8 18 5 658.091.690.816,34 645.041.297.523,13 626.464.145.165,24 413.436.651.484,00 360.178.619.816,05 270.054.301.286,20 146.905.748.882,60 122.336.826.840,50 107.340.971.660,00 75.289.986.362,50 7.990.884.333,40 5.639.251.976,00 1.148.691.040,00 19,13% 18,75% 18,21% 12,02% 10,47% 7,85% 4,27% 3,56% 3,12% 2,19% 0,23% 0,16% 0,03% 6.072 3.439.919.067.185,96 100,0% # Buyers SCB Extranjeros Pna Colombiana Fdo de Pensiones y Cesantías Sector Real Fdos Extranjeros Carteras Colectivas Fondos Programas de ADRs Compañías de Seguros Fiduciarias Sociedades de Inversión Cooperativas TOTAL SELLERS JANUARY 2,013 Investor Type # Sellers Amount % 22,00 240,00 4.967,00 24,00 594,00 89,00 28,00 54,00 7,00 16,00 8,00 18,00 5,00 658.091.690.816,34 645.041.297.523,13 626.464.145.165,24 413.436.651.484,00 360.178.619.816,05 270.054.301.286,20 146.905.748.882,60 122.336.826.840,50 107.340.971.660,00 75.289.986.362,50 7.990.884.333,40 5.639.251.976,00 1.148.691.040,00 19,13% 18,75% 18,21% 12,02% 10,47% 7,85% 4,27% 3,56% 3,12% 2,19% 0,23% 0,16% 0,03% 6.072,00 3.439.919.067.185,96 100% ACCUMULATED SELLERS 2,013 % Monto Investor Type Pna Colombiana SCB Extranjeros Sector Real Fdos Extranjeros Fdo de Pensiones y Cesantías Carteras Colectivas Fondos Programas de ADRs Sociedades de Inversión Compañías de Seguros Fiduciarias Cooperativas Corp Financiera 15.070 22 235 869 57 25 27 72 5 30 13 5 4 1 930,767,986,478.82 579,984,243,080.50 498,817,157,842.92 393,098,501,883.70 376,508,638,171.52 272,543,404,499.65 151,633,013,012.46 95,657,276,371.39 80,138,515,950.00 29,782,129,435.00 19,374,703,585.00 10,743,972,935.00 815,912,640.00 53,611,300.00 27,06% 16,86% 14,50% 11,43% 10,95% 7,92% 4,41% 2,78% 2,33% 0,87% 0,56% 0,31% 0,02% 0,00% TOTAL 16.435 3.439.919.067.186 100% # Sellers Pna Colombiana SCB Extranjeros Sector Real Fdos Extranjeros Fdo de Pensiones y Cesantías Carteras Colectivas Fondos Programas de ADRs Sociedades de Inversión Compañías de Seguros Fiduciarias Cooperativas Corp Financiera L % 15,070.00 22.00 235.00 869.00 57.00 25.00 27.00 72.00 5.00 30.00 13.00 5.00 4.00 1.00 930,767,986,478.82 579,984,243,080.50 498,817,157,842.92 393,098,501,883.70 376,508,638,171.52 272,543,404,499.65 151,633,013,012.46 95,657,276,371.39 80,138,515,950.00 29,782,129,435.00 19,374,703,585.00 10,743,972,935.00 815,912,640.00 53,611,300.00 27,06% 16,86% 14,50% 11,43% 10,95% 7,92% 4,41% 2,78% 2,33% 0,87% 0,56% 0,31% 0,02% 0,00% 16.435 3.439.919.067.186 100% TOTAL M I Amount A Colombian Brokerage Firms Transactions in MILA Stock Market Amount Traded in Local Currency Number of Transactions Amount Traded in USD Amount Traded in COP B C S (CPL) - 0.00 0.00 0.00 B V L ( S/. ) - 0.00 0.00 0.00 B V L ( US ) - 0.00 0.00 0.00 *Traded Volumes by Colombian Brokerage Firms Transactions in securities listed at BCS and BVL *The US dollar data is calculated with the FX rate of the trading day in each country. *The COP data is calculated with the FX rate from Chilean pesos to COP and from Peruvian soles to COP MILA Transactions in Colombian Stocks Stock NUTRESA Number of BCS Transactions Amount Traded BCS Number of BVL Transactions Amount Traded BVL Total Amount Traded COP Total Amount Traded USD 15 403,592,700.00 60 2,819,836,760.00 3,223,429,460.00 1,799,551.96 PFBCOLOM 7 277,207,600.00 14 691,907,660.00 969,115,260.00 541,030.38 PREC 0 0.00 14 604,523,340.00 604,523,340.00 337,488.75 CEMARGOS 7 275,729,400.00 1 71,337,000.00 347,066,400.00 193,757.62 PFDAVVNDA 6 269,832,000.00 4 20,514,000.00 290,346,000.00 162,092.18 10 134,279,780.00 0 0.00 134,279,780.00 74,964.71 CORFICOLCF 2 8,786,860.00 5 106,543,520.00 115,330,380.00 64,385.78 ECOPETROL 0 0.00 3 66,813,120.00 66,813,120.00 37,299.93 CELSIA 0 0.00 2 35,080,320.00 35,080,320.00 19,584.38 GRUPOSURA 0 0.00 2 23,978,000.00 23,978,000.00 13,386.26 OTROS 1 8,778,280.00 1 1,791,720.00 10,570,000.00 5,900.94 CONCONCRET *The ten most Traded stocks by Chilean and Peruvian Brokerage Firms at BVC. *The total amounts correspond to add up the purchases and sales Colombian Global Market STOCK MARKET NUMBER OF TRANSACTIONS STOCK MARKET VOLUMES AVERAGE DAILY VOLUME JANUARY ACCUMULATED AVERAGE DAILY VOLUME TOTAL VOLUME JANUARY ACCUMULATED MONTHLY AVERAGE 2.013 0 0 0 0 AVERAGE DAILY NUMBER OF TRANSACTION JANUARY ACCUMULATED AVERAGE DAILY NUMBER OF TRANSACTIONS TOTAL NUMBER OF TRANSACTION JANUARY ACCUMULATED No. OF MONTHLY TRANSACTIONS JANUARY 0 0 0 0