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- .)
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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
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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 11, 2007 By /s/ JAIME ALBERTO VELASQUEZ B.
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Name: Jaime Alberto Velasquez B.
Title: Vice President of Finance
[Bancolombia LOGO] CIB
LISTED
NYSE
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BANCOLOMBIA'S PRESIDENT AND VICE-PRESIDENT ARE REINSTATED
Medellin, Colombia, January 11, 2006
As a consequence of the Attorney General's Office decision to revoke the order
determining the house arrest of Mr. Jorge Londono Saldarriaga and Mr. Federico
Ochoa Barrera, Mr. Londono and Mr. Ochoa informed to the Board of Directors
their decision to terminate the temporary leave of absence that had been
approved for the temporary suspension of their functions as President and
Executive and Services Vice President of Bancolombia, S.A. ("Bancolombia"),
respectively. The decision of the officers is based on the fact that the
Attorney General's Office revocation of its previous order provides for their
immediate and unconditional release and consequently they can resume their
activities.
Simultaneously, the Board of Directors terminated the appointment of Mr. Jairo
Burgos De La Espriella as acting President of Bancolombia for the duration of
Mr. Londono's temporary leave of absence.
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Contacts
Sergio Restrepo Jaime A. Velasquea Mauricio Botero
Exectuive VP Financial VP IR Manager
Tel.: (574) 5108668 Tel.: (574) 5108666 Tel.: (574) 5108866