CONFORMED COPY
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1933
For the month of April 2007
BANCOLOMBIA S.A.
(Translation of Registrant's name into English)
Calle 50 No. 51-66
Medellin, Colombia
(Address of principal executive offices)
(Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
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(Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes No X
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(If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82-______________.)
This Report on Form 6-K shall be incorporated by reference into the registrant's
registration statement on Form F-3 (File No. 001-32535).
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
BANCOLOMBIA S.A.
(Registrant)
Date: April 2, 2007 By /s/ JAIME ALBERTO VELASQUEZ B.
-------------------------------------
Name: Jaime Alberto Velasquez B.
Title: Vice President of Finance
(BANCOLOMBIA LOGO) CIB
LISTED
NYSE
BANCOLOMBIA (PANAMA) S.A. OBTAINED ALL NECESSARY AUTHORIZATIONS TO
ACQUIRE BANCO AGRICOLA S.A. OF EL SALVADOR
MEDELLIN, COLOMBIA, APRIL 2, 2007
Pursuant to resolution N degrees 004969 issued on March 30, 2007, the
Superintendency of the Financial System of El Salvador authorized BANCOLOMBIA
(PANAMA) S.A., to acquire indirectly, through the Panamanian corporation
Banagricola S.A., the Salvadorian corporations Inversiones Financieras Banco
Agricola S.A., Banco Agricola S.A. and Aseguradora Suiza Salvadorena S.A.
Other related authorizations were previously granted by the Salvadorian
Antitrust Regulator ("Superintendencia de Competencia de El Salvador") pursuant
to Resolution SC-010-S/C/R-2007 dated March 29, 2007 and by the Superintendency
of Banking of Panama pursuant to Resolution S.B.P. 33-2007 dated March 27, 2007.
With these approvals, BANCOLOMBIA (PANAMA) S.A. has obtained all the necessary
authorizations for the acquisition. The public tender offers are expected to be
initiated in Panama and El Salvador in the next couple of days.
CONTACTS
SERGIO RESTREPO JAIME A. VELASQUEZ MAURICIO BOTERO
EXECUTIVE VP FINANCIAL VP IR MANAGER
TEL.: (574) 5108668 TEL.: (574) 5108666 TEL.: (574) 5108866