Board decision: raising of the Program for Ordinary Bonds

Grupo de Inversiones Suramericana S.A. (Grupo SURA) hereby announces that its Board of Directors, and with regard to the Company’s Issue and Placement Program for Ordinary Bonds and Commercial Paper corresponding to the year 2014, (hereinafter referred to the Program), authorized the raising of the Program's global quota by one trillion pesos (COP1,000,000,000,000), to a total of two trillion three hundred thousand million pesos (COP 2,300,000,000,000).

The Board also gave its approval to renewing the term of validity corresponding to the Program’s public offering for another three (3) years.

These amendments to the Program remain subject to the Colombian Superintendency of Finance issuing its respective authorization.