CONFORMED COPY
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1933
For the month of January 2007
BANCOLOMBIA S.A.
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(Translation of Registrant's name into English)
Calle 50 No. 51-66
Medellin, Colombia
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(Address of principal executive offices)
(Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
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(Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes No X
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(If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82-______________.)
This Report on Form 6-K shall be incorporated by reference into the
registrant's registration statement on Form F-3 (File No. 001-32535).
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
BANCOLOMBIA S.A.
(Registrant)
Date: January 30, 2007 By /s/ JAIME ALBERTO VELASQUEZ B.
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Name: Jaime Alberto Velasquez B.
Title: Vice President of Finance
CIB
LISTED
[BANCOLOMBIA LOGO] NYSE
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RESOLUTION OF THE SUPERINTENDENY OF FINANCE
Medellin, Colombia, January 30, 2007
In accordance with Decree 3139 of 2006, Bancolombia S.A. ("Bancolombia") hereby
informs that, on January 18, 2007, the Superintendency of Finance issued
Resolution No. 0084, whereby it imposed a fine on Bancolombia for the amount of
Ps. 100 million (USD 44,223.91)1. The fine was imposed due to a late reporting
of information to the Central Bank ("Banco de la Republica") relating to foreign
exchange declarations and indebtedness reports. Bancolombia intends to appeal
the decision of the Superintendency of Finance.
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[BANCOLOMBIA LETTERHEAD]
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1 Exchange rate January 30th Ps 2,261.22 = US$ 1