Valores Industriales S. A. Stock

Valores Industriales SA is a Colombia-based company primarily engaged in the acquisition of long-term stakes in Columbian entities active in the industrial, commercial, financial and agricultural sectors. In addition, the Company provides management, financial and accounting consultancy services. As of December 31, 2011, the Company owned a 94.95% stake in Reforestadora y Manufacturera Los Retiros SA, a company involved in the forestry sector.