News to Investors (08-03-2013)

Exito is pleased to announce that the Medellin Court of Appeal decided in its favor with regard to a dispute held between Exito and former minority shareholders of Gran Cadena de Almacenes Colombianos S.A. “Cadenalco”, a company initially acquired by, and after merged with, Exito. Their demand was to declare null and void all acts that took place after the acquisition of a majority stake by Exito, including the decision to merge both companies.

This judgment is favorable to the interest of Exito and terminates any pending litigation with regard to the acquisition of and merger with, Cadenalco.