Details of Pooled Portfolios Using the Name Ecopetrol
October 28, 2009 at 17:52 PM EDT
BOGOTA, Oct. 28 /PRNewswire-FirstCall/ -- ECOPETROL S.A. (NYSE: EC) wishes to clarify that pooled portfolios whose names or denominations include the name of this company, and whose portfolios are comprised of shares issued by Ecopetrol, are investment plans outside of its legal responsibility and are the sole purview of the entities in charge of their administration, control, and management.
In connection with the foregoing, ECOPETROL S.A. advises investors that it does not take part in, have influence on, endorse, cooperate with, or participate directly or indirectly in the control, management, promotion, sponsorship, or any activity related to the administration of said pooled portfolios, and only the administrative entities in charge of these pools are liable for the performance of contractual and legal obligations to the participating investors.
For additional information, please contact our shareholder assistance channels:
Shareholder assistance hotline: Bogota: 57 1 307 7075 National: 01 8000 11 34 34 E-mail: email@example.com
Ecopetrol is Colombia's largest integrated oil company and is among the top 40 oil companies in the world and the four largest in Latin America. Besides Colombia, where it accounts for 60% of national production, the Company is involved in exploration and production activities in Brazil, Peru, and the United States (the Gulf of Mexico). Ecopetrol has its largest refinery in Colombia, most of the network of oil and multiple-purpose pipelines in the country, and it is considerably increasing its participation in biofuels.
This release contains forward-looking statements relating to business prospects, estimates of operating and financial results, and those related to the growth prospects of Ecopetrol. These are mere projections and, as such, are based solely on management's expectations concerning the future of the business and its continued access to capital to fund the Company's business plan. Such forward-looking statements substantially depend on changes in market conditions, government regulations, competitive pressures, the performance of the Colombian economy, and the industry, among other factors; therefore, they are subject to change without prior notice.
For further information, please contact: Investor Relations Manager Alejandro Giraldo Phone: +571-234-5190 E-mail: firstname.lastname@example.org Media Relations (Colombia) Mauricio Tellez Phone: +571-2345377 Fax: +571-2344480 E-mail: email@example.com Website: http://www.ecopetrol.com.co
SOURCE Ecopetrol S.A.