Investor Presentaiton

Colombia's O&G sector supports economic growth Foreign direct investment O&G (USD bn) Oil and products exports (USD bn) 16% 11% 30% 37% 32% 34% 42% 40% 30 60% 09 6,0 5,0 4,0 3,0 2,0 2,0 1,1 1,0 0,5 10X 25 5X 4,3 20 20 3,3 3,4 2,8 15 2,4 10 5 il 0 2004 2005 2006 2007 2008 2009 2010 Jan-Sep 2011 2005 2006 2007 2008 2009 % of total FDI P: preliminary Source: Central Bank of Colombia 2010 Jan-Nov 2011 Exports of petroleum and its products -% of total country's exports 50% 40% 30% 20% 10% 0% 60% Years 8

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