SANTIAGO, CHILE--(Marketwire - January 28, 2008) - In the news release, "CORPBANCA Announces
Proposed Dividend Payment," issued earlier today by CORPBANCA (
NYSE:
BCA),
we are advised by the company that the end of the first sentence of the
second paragraph should read "
the Board proposal to distribute a dividend
representing 100% of the net income for 2007 of Ch$ 51,049,009,909" rather
than "
the distribution of a dividend representing 100% of the net income
for 2007 of Ch$51,049,099,909," and the third sentence of the second
paragraph should read "In addition, the Board of Directors will propose to
the General Shareholders' Meeting to maintain as dividend policy the
distribution of at least 50% of the corresponding period net income" rather
than "In addition, the Board of Directors will propose to the General
Shareholders' Meeting to adopt as dividend policy the distribution of at
least 50% of the corresponding period earnings" as originally issued.
Complete corrected text follows.
CORPBANCA Announces Proposed Dividend Payment
SANTIAGO, CHILE--(January 28, 2008) - CORPBANCA (
NYSE:
BCA), a Chilean
financial institution offering a wide variety of corporate and retail
financial products and services across all segments of the Chilean
financial market, today notified the Superintendencia de Valores y Seguros
of Chile (the local securities regulatory agency) of the following material
event:
The Board of Directors of CORPBANCA during its session held on January 22,
2008 has decided to disclose to the general public as a material event its
resolution to call an Ordinary General Shareholders' Meeting to be held on
February 26, 2008, at 10:00 a.m. at the Company's offices located at
Rosario Norte 660, 24th Floor, Las Condes, Santiago, Chile, for the purpose
of submitting to the shareholders' consideration those matters of their
competence, among others, to approve at said General Shareholders' Meeting
the balance sheet and financial statements for the fiscal year ended 2007
and to decide on the Board proposal to distribute a dividend representing
100% of the net income for 2007 of Ch$ 51,049,009,909. This means a
dividend per share of Ch$0.22497540660054 would be distributed, which if
approved, will be paid at the end of the Shareholders' Meeting. In the
event the distribution of dividends is approved in the terms set forth
above, those shareholders of record as of the fifth business day prior to
the dividend payment date will be entitled to receive the dividend. In
addition, the Board of Directors will propose to the General Shareholders'
Meeting to maintain as dividend policy the distribution of at least 50% of
the corresponding period net income.
Contact Information: Contacts:
CORPBANCA:
Pablo Mejia Ricci, CGA
Head of Investor Relations
Santiago, Chile
Tel: (562) 660-2342
investorrelations@corpbanca.cl
Capital Link:
Nicolas Bornozis
President
New York, USA
Tel: (212) 661-7566
nbornozis@capitallink.com