Cencosud S.A. is a Chilean based multi-format retailer with operations in Argentina, Brazil, Chile, Colombia and Peru.

Through its supermarket, home improvement, department stores, shopping centers and financial services divisions, the Company targets a wide range of customers with the right combinations of products, prices and quality, designed to meet their growing demands.

Each one of Cencosud strong brands builds a lasting relationship, helping costumers to fulfill their needs and build up their trust by providing excellent products, and services, supported by an attractive loyalty program called “Círculo Más”. The company has evolved with its customers since it was founded in 1960 by it’s president Mr. Horst Paulmann, this shows a continuous commitment to serve existing and new customers by offering multiple shopping channels and complementary services.

Strategic acquisitions and organic growth have created a unique value portfolio. Cencosud continues its profitable growth by opening new stores and developing new sales channels through Chile and Argentina, this allows the company to achieve its goal of being one of the most prestigious and profitable retailers in Latin America.

At March31th 2008, the Company operates 37 Jumbo hypermarkets, 124 Santa Isabel supermarkets, 234 supermarkets under the brand names Disco, Plaza Vea, Super Vea and Mini Sol, 58 Easy home improvement stores, 42 Gbarbosa supermarkets, 27 Paris department stores, 11 Umbrale stores, 9 Foster stores, 21 shopping centers and 58 Banco Paris branch offices.

Cencosud S.A. had, as of March 31th an AA Risk Classification.