SOURCE: Corpbanca

October 29, 2007 18:04 ET

CorpBanca Announces Third Quarter 2007 Results

SANTIAGO, CHILE--(Marketwire - October 29, 2007) - CORPBANCA (NYSE: BCA), a Chilean financial institution offering a wide variety of corporate and retail financial products and services, today announced its financial results for the third quarter ended September 30, 2007. This report is based on unaudited consolidated financial statements prepared in accordance with Chilean generally accepted accounting principles. Figures are expressed in Chilean pesos as of September 30, 2007 and percentages are expressed in real terms. Solely for the convenience of the reader, U.S. dollar amounts in this report have been translated from Chilean pesos at our September 30, 2007 exchange rate of Ch$511.44 per U.S. dollar.

CorpBanca Nine-Month Period ended September 30, 2007 Press Release:

(Please click on the link below)

http://www.capitallink.com/press/corpbancapr102907.pdf

Tomorrow, Tuesday, October 30th, 2007 CorpBanca's management will host a conference call for one hour, to discuss the Third Quarter 2007 Financial Results and respond to investor questions.

Time:                 10:00 am (Santiago, Chile)
                       9:00 am EDT (US)
                       1:00 pm (UK)


Call Numbers:         U.S.A. participants please dial      1866 819 7111
                      Outside the US please dial           +44 1452 542 301
                      UK participants please dial          0800 953 0329

Chairperson: Mr. Enrique Perez, CFO

You should dial in 10 minutes prior to the commencement of the call.

Alternative Back-Up numbers for the conference call: In case of any problem with the above numbers, participants should dial one of the following numbers and quote "CorpBanca":

                      U.S.A. participants                  1866 223 0615
                      Outside the US participants          +44 1452 586 513
                      UK participants                      0800 694 1503

For your convenience, a 24 hour instant replay facility will be available, following the completion of the conference call, until Friday, November 2nd, 2007.

Slides and audio webcast:

There will also be a live -- and then archived -- webcast of the conference call with PowerPoint slides through the internet accessible through the website of Capital Link at www.capitallink.com. Please click on the button "Nine Months 2007 Financial Results Webcast." Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

To listen to the replay, please call:

Instant Replay Number   U.S.A.:     1866 247 4222    Access Code:  2339939#
Instant Replay Number   OTHER:   +44 1452 550 000    Access Code:  2339939#
Instant Replay Number   U.K.:       0800 953 1533    Access Code:  2339939#

About CorpBanca

CORPBANCA (NYSE: BCA) (Santiago: CORPBANCA) is a Chilean financial institution offering a wide variety of corporate and retail financial products and services.

Forward-Looking Information

Certain statements contained herein constitute forward-looking statements. Such statements are based on the point of view and the assumptions of management and involve known and unknown risks and uncertainties. Results may be materially different from those expressed or implied in such statements.

Contact Information