Alleged Interest of Cencosud in the Acquisition of Construmart

Santiago, October 21, 2013.- In response to the main headline of a press report regarding Cencosud's alleged interest in the acquisition of Construmart, the company wishes to clarify to the public opinion that:

1. Cencosud has never had and currently has no interest in participating in such a process, and therefore, we categorically deny such information.

2. Consequently, the information presented in the mentioned press article lacks any basis in terms of intent or activity expressed or undertaken by Cencosud in this regard.

3. Cencosud regrets the misinformation that an article of this nature can create in the public opinion. Furthermore, it should be noted that the company was not contacted to verify the information.