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Banco de Chile Announces Pricing of Public Secondary Offering of its Common Stock by LQIF

 Banco de Chile Announces Pricing of Public Secondary Offering of its Common
                                Stock by LQIF

PR Newswire

SANTIAGO, Chile, Jan. 29, 2014

SANTIAGO, Chile, Jan. 29, 2014 /PRNewswire/ --Banco de Chile (NYSE: BCH)
announced today 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. Each
ADS represents 600 shares. The Offering is expected to close on January 31,
2014, 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 Incorporated, 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.

The Offering was conducted pursuant to an effective shelf registration
statement that was filed with the U.S. Securities and Exchange Commission (the
"SEC") on March 10, 2011. The final prospectus supplement related to the
Offering, when available, can be found on the SEC's website at
http://www.sec.gov. Alternatively, copies of the prospectus and final
prospectus supplement, when available, may be obtained by contacting
Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717 (Tel: 800-831-9146).

This press release shall not constitute an offer to sell or the solicitation
of an offer to buy, nor shall there be any sale of these securities in any
state or jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
any such state or jurisdiction. Any offer, solicitation or sale will be made
only by means of the prospectus and prospectus supplement.

Contato: Pablo Mejia
Head of Investor Relations | Banco de Chile
Phone: 56+2+26533554
E-mail: pmejiar@bancochile.cl



SOURCE Banco de Chile
 
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