SOURCE: Corp Banca

May 03, 2007 16:10 ET

Corp Banca Announces 2007 First Quarter Results

SANTIAGO, CHILE -- (MARKET WIRE) -- May 3, 2007 -- CORP BANCA (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 first quarter of 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 March 31, 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 the rate of Ch$539.37 per U.S. dollar, the Central Bank of Chile's observed exchange rate as of March 30, 2007.

FIRST QUARTER 2007 RESULTS Press Release:

http://www.capitallink.com/press/PressReleaseQ1_2007.pdf

On Friday, May 4, 2007, Corp Banca's management will host a conference call for one hour, to discuss the First Quarter 2007 Financial Results and respond to investor questions.

Time:           9:30 am (Santiago, Chile)
                9:30 am EDT (US)
               14:30 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. Mario Chamorro, CEO
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 "Corp Banca":

               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 Monday, May 7, 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 "Corp Banca First Quarter 2007 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 Corp Banca

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

CAUTION REGARDING FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements. Forward-looking information is often, but not always, identified by the use of words such as "anticipate," "believe," "expect," "plan," "intend," "forecast," "target," "project," "may," "will," "should," "could," "estimate," "predict" or similar words suggesting future outcomes or language suggesting an outlook. Forward-looking statements and information are based on current beliefs as well as assumptions made by and information currently available to Corp Banca concerning anticipated financial performance, business prospects, strategies and regulatory developments. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks that predictions, forecasts, projections and other forward-looking statements will not be achieved. We caution readers not to place undue reliance on these statements as a number of important factors could cause the actual results to differ materially from the beliefs, plans, objectives, expectations and anticipations, estimates and intentions expressed in such forward-looking statements. Furthermore, the forward-looking statements contained in this press release are made as of the date of this press release and Corp Banca does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Contact Information

  • For further information please contact:

    Corp Banca
    Pablo Mejia Ricci
    Investor Relations
    Tel: (56 - 2) 660-2342
    Santiago, Chile
    Email: pablo.mejia@corpbanca.cl

    Capital Link
    Nicolas Bornozis
    President
    Tel: 212-661-7566
    New York, USA
    Email: nbornozis@capitallink.com