FINANCIAL HIGHLIGHTS

CONSOLIDATED FINANCIAL STATEMENTS
Income Statement
Fourth quarter ended December 31 (in million of COP$)
	2009	2008	% Net Revenues	% Var
Net Revenues	2.039.778	2.020.110	100%	1%
Operating Income	129.547	112.854	6,4%	14,8%
Net Income	103.333	89.865	5,1%	15%
EBITDA	199.725	183.817	9,8%	8,7%

Balance Sheet
As of December 31 Million Cop$
	2009	2008		% Var
Assets	6.325.051	6.208.356		1,9%
Current Assets	1.709.241	1.674.645		2,1%
Non-current assets	4.615.810	4.533.711		1,8%
Liabilities	2.162.759	2.683.894		-19,4%
Current Liabilities	1.559.192	1.833.241		-14,9%
Non-current liabilities	603.567	850.653		-29%
Shareholders' equity	4.158.827	3.389.320		22,7%

Operational Information
As of December 31, 2009
Number of stores and selling area
Format	Brands	Stores	Total Area (m²)
Hypermarket	EXITO, Vivero	89	463.368
Supermarket	Carulla, POMONA	89	86.813
Bodega	Bodega, Bodeguita Surtimax	47	43.684
Others	Ley, Homemart, Próximo	35	55.020
Total		260	648.805

Openings, closings and convertions
As of December 31, 2009
Format	Openings	Closings	Conversions
Hypermarket	2	0	0
Supermarket	0	3	0
Bodega	0	0	33 From Merquefacil, Q´Precios and Carulla brands to Bodega Surtimax
Others	0	3	0
Total	2	6	33

Sales by Store Format
As of December 31, 2009
Format	Brands	%
Hypermarket	EXITO, Vivero	71,9%
Supermarket	Carulla, POMONA	18,2%
Bodega	Bodega, Bodeguita Surtimax	4,2%
Other	Ley, Homemart, Próximo	5,7%
Total		100%