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Banco de Chile Prices Public Secondary Offering of Its Common Stock by LQIF

February 4, 2014

Banco de Chile announced that the previously announced registered public secondary offering of 6,700,000,000 shares of its common stock (the Offering) priced at a price to the public of Ch$67.00 per share, or US$74.23 per American Depositary Share (ADS), and all of the 6,700,000,000 shares were sold. According to a release, each ADS represents 600 shares. The Offering is expected to close on January 31 , subject to customary closing conditions. The shares were sold by LQ Inversiones Financieras S.A. (LQIF) in the United States and elsewhere outside of Chile in the form of American Depositary Shares (the International Offering) and in Chile in the form of shares (the Chilean Offering). Citigroup Global Markets Inc. is acting as sole global coordinator and joint bookrunner and Merrill Lynch, Pierce, Fenner & Smith Inc. , Deutsche Bank Securities Inc. and Banco BTG Pactual S.A. Cayman Branch are acting as joint bookrunners in the International Offering, while Banchile Corredores de Bolsa S.A. and Larrain Vial S.A. Corredora de Bolsa are acting as placement agents in the Chilean Offering. Banco de Chile will not receive any of the proceeds from the Offering. ((Comments on this story may be sent to ))

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