Material Information

In accordance with articles 9º and 10.2 of Law Nº 18.045 of the Superintendence of Securities and Insurance and the General Norm Nº 30 of this institution, through this letter I inform to you as material information with respect to the Company, its businesses and its securities traded publicly, the following information:

The Board of Directors, in its ordinary session celebrated on this same date, has unanimously agreed to distribute CLP $20,324,000,000, in account of the earnings from 2015, as an interim dividend.

Due to this, the 25th interim dividend will amount to CLP $20.324 per share and will be distributed from the 18th of January 2016.

 

Inversiones Aguas Metropolitanas S.A.’s Board of Directors has unanimously agreed in its meeting celebrated on June 30 2015 to terminate the Company’s American Depositary Receipts (“ADRs”) program. This program had been subscribed with Bank of New York Mellon (the “Depositary”) through two Deposit Agreements dated November 23 2005: i) the Rule 144A Deposit Agreement and ii) the Regulation S Deposit Agreement and its later modification on July 31 2007 (from henceforth referred to as the “Deposit Agreements”).

On this date and in accordance to the Deposit Agreements, Inversiones Aguas Metropolitanas S.A. notified in the Depositary in writing of the Company’s intention to terminate its ADR program starting August 10^th 2015. As a consequence of this and in accordance to the procedure established in the Deposit Agreements previously mentioned, the Depositary will notify all the Owners and Beneficial Owners of ADRs of the of the Deposit Agreements at least 30 days prior to the effective termination date. During the mentioned 30-day period, the Owners and Beneficial Owners will be able to convert their ADRs into Inversiones Aguas Metropolitanas’ ordinary shares. Once the Deposit Agreements are terminated, the Depositary will cease the registration of ADR transfers and will suspend its distribution of dividends to the Owners and Beneficial Owners of ADRs. A year after the termination of the Deposit Agreements, the Depositary will sell the underlying ordinary shares of any ADRs which the Owners and Beneficial Owners have not converted in the one year period previously indicated. The Depositary will have to keep in its custody the net profit attained in these sales in proportional benefit of said Owners and Beneficial Owners of the ADRs.

Inversiones Aguas Metropolitanas S.A.’s ordinary shares will continue to trade in the Santiago Stock Exchange, the Valparaiso Stock Exchange and Chile’s Electronic Exchange.

The previous decision has been made taking into consideration the gradual decline of the number of Company shares represented by ADRs, which as of May 31 amounted to only 0.17% of all of Inversiones Aguas Metropolitanas S.A.’s shares. 

 

At the meeting of the board held on March 25, 2015, it was agreed to call an ordinary shareholders meeting for April 29, 2015 at 10:00 a.m.