Decision of the Board of Directors Sep.14th 2015

​ In compliance with the duty to disclose material information, Grupo de Inversiones Suramericana S.A. (Grupo SURA) informs that the Board, in a special meeting, approved the execution of the stock purchase agreement whereby Grupo SURA acquires the stocks that JP Morgan SIG Holdings holds in its affiliate SURA Asset Management S.A. With the abovementioned operation, which is set to be closed on September 18, Grupo SURA increases its share in SURA Asset Management, from 67.05% to 71.38%. The amount of the operation was set at USD 267 million. SURA Asset Management S.A. has displayed an Ebitda of USD 456.8 million in the past 12 months, assets under management of USD 112.8 billion, cumulative income of USD 902.3 million and a net debt of USD 674.3 million, figures as of June 2015.  The decision taken to expand the share in SURA Asset Management is deemed as an optimal driver to enhance the strategy of Grupo SURA in Latin America, that is, an investor seeking to generate long-term value. Indeed, this asset meets the expectations of cash generation and maintains positive growth outlooks, plus an opportunity to improve the capital structure keeping in mind current rate terms.​