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Bancolombia S.A. Announces Resignation of Regional Manager

Posted on: Mon, 21 Sep 2009 18:37:00 EDT

Symbols: CIB

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MEDELLIN, Colombia, Sept 21, 2009 /PRNewswire-FirstCall via COMTEX/ --
CIB | Quote | Chart | News | PowerRating -- In a meeting held
today, the Board of Directors of Bancolombia S.A. ("Bancolombia") (NYSE: CIB)
accepted the resignation of Maria Cristina Arrastia Uribe as the Manager of
Retail and Small and Medium Enterprises ("SME") banking for the Antioquia
region, and as a legal representative of Bancolombia.

The Board of Directors expresses its gratitude to Ms. Arrastia and wishes
her success in her new position as President of Sufinanciamiento S.A. Compania
de Financiamiento Comercial, a subsidiary of Bancolombia.


    Contacts
    Sergio Restrepo
    Executive VP
    Tel.: (574) 4041424

    Jaime A. Velasquez
    Financial VP
    Tel.: (574) 4042199

    Juan E. Toro
    IR Manager
    Tel.: (574) 4041837

SOURCE Bancolombia S.A.

http://www.bancolombia.com.co

For full details on Bancolombia Sa (CIB) CIB. Bancolombia Sa (CIB) has Short Term PowerRatings at TradingMarkets. Details on Bancolombia Sa (CIB) Short Term PowerRatings is available at This Link.

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