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Main Shareholders

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SHAREHOLDERS AS OF DECEMBER 31, 2012

Shareholder  Common stocks  % share       
Geant International B.V.                                                                                                                 172.417.398 38,52%
Geant Fonciere B.V.                                                                                                                       47.725.428 10,66%
Fondo de Pensiones Obligatorias Porvenir                                                                                                  23.194.497 5,18%
ING Fondo de Pensiones                                                                                                                    14.244.511 3,18%
EXITO ADR Program                                                                                                 13.559.202 3,03%
Latic-Latam Investment Company LLC                                                                                                       12.898.313 2,88%
Oppenheimer Developing Markets Fund                                                                                                        12.397.467 2,77%
Fondo de Pensiones Horizonte                                                                                                               12.340.603 2,76%
Bergsaar B.V.                                                                                                                             12.130.244 2,71%
Fonde de Pensiones Obligatorias Protección                                                                                                10.809.343 2,41%
Fondo de Pensiones Obligatorias Colfondos Moderado                                                                                        10.333.004 2,31%
Alianza Fiduciaria S.A. Fideicomiso ADM Sonnenblume                                                                                           7.558.552 1,69%
Colombiana de Comercio S.A.                    7.076.200 1,58%
Inversiones Pinamar S.A.                                                                                                                    5.126.735 1,15%
Fondo Bursatil Ishares COLCAP                                                                                                               4.568.460 1,02%
Fondo de Pensiones Obligatorias Skandia S.A.                                                                                                3.566.063 0,80%
Cloister Capital Limited                                                                                                                     2.999.998 0,67%
Vanguard Emerging Markets Stock Index Fund                                                                                                  2.633.506 0,59%
Abu Dhabil Investment Authority                                                                                                               2.071.300 0,46%
Stichting Depositary APG Emerging                                                                                                         2.002.554 0,45%


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