CALL

The Shareholders of Corimon, C.A. are called to a Shareholders’ Meeting of Corimon that will be held on May 21, 2012, at 11:00 a.m., in Pent- House of Edificio Corimon, Calle Hans Neumann de Los Cortijos de Lourdes, Caracas, Venezuela, in order to consider and resolve on the sole item contained in the following agenda:

UNIQUE: To consider and to solve, with vista to the project that will present/display the Board of Directors, on the decree of a dividend with position to the account of Utilities non Distributed.

The Board of Directors.

Caracas, May 03th, 2012.

Upon verified a quorum of eighty-five point four hundred seventy-three percent (85.473%) of the company’s subscribed and paid-in shares of capital stock, Dr. Alejandro Alfonzo-Larrain declared the Regular Shareholders’ Meeting as valid and read the call of meeting published in newspaper “El Universal” on September three (3th) 2011, transcribed as follows:

Shareholders of CORIMON, C.A. are hereby called to a Extraordinary Shareholders Meeting to be held on September 19th, 2011, at 3:00 p.m., at the penthouse of Edificio Corimon, located at Calle Hans Neumann, Los Cortijos de Lourdes, in the city of Caracas, Venezuela, for purposes of taking into consideration and resolve upon the items included in the following agenda:

1. To consider and resolve on the issue, public offer and negotiating of any kind of obligations, commercial paper and / or equity securities, up to the total amount of Two Hundred Fifty Million Bolivares (Bs 250,000,000.00) in the terms and conditions approved by the Board of Directors of the Company, all in accordance with the provisions of the Ley de Mercado de Valores.

2. To consider and resolve on the appointment of the common representative of the bondholders, holders of commercial paper and / or equity securities and the fixing of the remuneration of the same.

Once read the call of meeting, as it was published, they took into consideration and decided upon the following items:

FIRST: To consider and resolve on the issue, public offer and negotiating of any kind of bonds, commercial paper and / or equity securities, up to the total amount of Two Hundred Fifty Million Bolivars (Bs 250,000,000.00) in the terms and conditions approved by the Board of Directors of the Company, all in accordance with the provisions of the Ley de Mercado de Valores.

The President of the Assembly Dr. Alejandro Alfonzo-Larrain, told shareholders the benefits of the stock market for the company, indicating that this authorization is being requested for the issue, public offer and negotiating any kind of bonds, commercial paper and / or equity securities , up to the total amount of Two Hundred Fifty Million Bolivars (Bs 250,000,000.00) in order to diversify funding sources of the company, improve the maturity structure of liabilities of the it, making use of the borrowing costs that are presented in the stock market. In this regard, informed the Assembly that it was necessary to adequately empower the Board for acting on behalf of the Shareholders, within a maximum period of two (2) years, to make the bond issue, as well as to select the type of securities to be issued, lapses due to the same terms and costs of each issue, in order to have sufficient flexibility to leverage the best opportunities the market offers both term and fees and conditions, then the proposal is submitted for consideration of the shareholders present and was approved unanimously, the issue, public offer and negotiating any kind of bonds, commercial paper and / or equity securities of the company until the amount overall two hundred fifty million Bolivars (Bs 250,000,000.00) with specific mention of delegating to the Board of Directors of the company for the maximum term of two (2) years, the issuance of the bonds and setting of the terms, conditions and costs for each of the emissions, all as stipulated in the Ley de Mercado de Valores.

As regard the second point of the agenda, which is:

SECOND: To consider and resolve on the appointment of the common representative of the bondholders, holders of commercial paper and / or equity securities and the fixing of the remuneration of it.

At this point Dr. Alejandro Alfonzo-Larrain, proposed to the Shareholders pursuant to the Ley de Mercado de Valores and given the approval of the above, to delegate in the Board of Director the power to appoint, among Venezuelan financial institutions and / or operators of securities authorized the provisional common representative of each issue, and broadly empowers the Board of Directors of the company to fix the terms and conditions of this contract and the remuneration that will receive the provisional common representative of each issue. The Shareholders unanimously approved the second point of the Assembly in the manner noted above.

Finally, they authorized Amelia Ibarra, Venezuelan, of legal age, domiciled in Caracas and bearer of the identity card N° 6.911.566, for certifying, as Secretary of Corimon, C.A., this Minutes of Regular Shareholders’ Meeting, as well as notifying the competent authorities regarding the decisions taken at this Shareholders’ Meeting. Likewise, they authorized Daniel Pantoja, Venezuelan, of legal age, of this domicile and bearer of the identity card N° 3.985.059, for carrying out the corresponding registration at the Mercantile Registry Office and request any certified copies deemed necessary.

Being there no further matters to discuss, the Meeting was adjourned and this Minutes was prepared and signed in agreement by the attendants and representatives.
(Signed) Alejandro Alfonzo-Larrain, representing 292 shares, (Signed) Veruzka Cruz, representing 6603 shares, (Signed) Rommel Cubas, representing 4423shares, (signed) Amelia Ibarra, representing 652,753 shares and (Signed) Rainer Viete, representing 5903 shares.
I, Amelia Ibarra, Venezuelan, of legal age, domiciled in Caracas and bearer of the identity card N° 6.911.566, acting as Secretary of Corimon, C.A., company domiciled in Caracas and registered at the Second Mercantile Registry Office of the Judicial Circuit of the Federal District and Miranda State on June fourteen, 1949, under N° 644, Volume 3-D, hereby certify that the above minutes is true and exact copy of its original filed in the Book of Minutes of Shareholders’ Meeting carried by the company.

Amelia Ibarra

CALL

The Shareholders of Corimon, C.A. are called to a Shareholders’ Meeting of Corimon that will be held on September 19, 2011 at 3:00 PM., in the penthouse of the building Corimon, located on Calle Hans Neumann Los Cortijos de Lourdes, Caracas, Venezuela, in order to consider and resolve on the items contained in the following agenda:

1. To consider and resolve issuing any kind of obligations, commercial paper and / or equity securities up to the total amount of Two Hundred Fifty Million Bolivars (Bs 250,000,000.00), in terms and conditions approved by the Board of Directors of the company, all in accordance with the provisions of the Capital Market Law (Ley de Mercados Capitales).

2. To consider and resolve on the appointment of the common representative of the bondholders, the holders of commercial paper and / or equity securities and the fixing of the remuneration thereof.

The Board of Directors.

Caracas, September 3, 2011.

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The Board of Directors of Corimon, C.A. is pleased to inform its shareholders that the fiscal year ended on April 30, 2011 has concluded satisfactorily.

In this sense, we are pleased to inform you that, during the fiscal year ending on April 30, 2011, the company made consolidated sales for the amount of one billion one hundred twenty nine million nine hundred ninety eight thousand constant bolivares and zero cents (BsF. 1,129,998,000) and the net profits for the amount of sixty one million, six hundred fifteen thousand constant bolivares and zero cents (Bs. 61,615,000). Total assets of the Company reached the amount of one billion six hundred nineteen million, nine hundred seventy eight thousand constant bolivares (Bs. 1,619,978,000), while total of liabilities were for the amount of seven hundred twenty nine million, two hundred twenty five thousand constant bolivares (Bs. 729,225,000) reaching a total shareholders’ equity for the amount of eight hundred seventy three million five hundred sixty six thousand constant bolivares (Bs. 873,566,000).
.

The Board of Directors proceeds then to inform the shareholders about the performance of Corimon, C.A. and its affiliates during the fiscal year ended on April 30, 2011.

During the recently closed fiscal year, Corimon, C.A. and its affiliates continue developing new strategic associations and technological alliances, as well as processes for updating their plants and procedures for purposes of exceeding our goals; likewise, through the group’s motto “Environmental liability = zero”, relevant investments have been done in this area. The group kept on making investments in cutting-edge peripheral and control equipments in order to improve services and offer better quality products to our customers.

Likewise, during the fiscal year ended on April 30, 2011, affiliate Corimon Pinturas, C.A. continue strengthening its commercialization strategy by increasing the presence of its products within the market as a result of the company’s financial stability, leading to a gross profit of Two hundred sixty seven million, three hundred sixty three thousand constant Bolívares Fuertes (BsF. 267,363,000) and operative of One hundred thirty three million, one hundred three thousand Bolivares Fuertes (BsF. 133,103.000). Likewise, it made important investments, among them, the acquisition of a labeling system to incorporate bar codes in all its production, also, a new labeler for gallons was acquired for the alkyd line, which allowed a productivity increase. Finally, two new electric generators with capacity for the whole plant were acquired.

Regarding affiliate Resimon, C.A., during the fiscal year ended on April 30, 2011, such company reached net profits of thirty five million five hundred thirty two thousand constant Bolivares Fuertes (BsF. 35,532,000) and operative of eight million two hundred fifty two thousand constant bolivares (BsF. 8,252,000). Among the most important investments, is the electronic and mechanical updating of the reactors in the affiliate which allows a substantial increase of quality and productivity.

In turn, affiliate Cerdex, C.A., company engaged in the manufacture and commercialization of paintbrushes, paint rollers, brushes and accessories for painters, kept its leading position within the local market, offering great quality products at accessible prices. Regarding investments made by Cerdex, we must point out that it acquired an automatic machinery to wrap paintbrushes that has contributed to substantial savings in the payroll, due to productivity increase and also acquired an electric generator to supply all the production. Cerdex obtained a net profit of one million four hundred eleven thousand constant Bolivares Fuertes (BsF. 1,411,000.00) and an operative profit of five million three hundred eighty six thousand constant Bolivares Fuertes (BsF. 5,386,000).

Regarding Tiendas Montana, C.A., the leading chain store in the commercialization of paints and related products at Venezuela, completed its 2011 fiscal year with one hundred fifty two (152) operating stores under the franchise scheme and its share in the total sales of Corimon Pinturas increased in 42%. For the 2011 fiscal year, it inaugurated fifteen (15) new stores among them some located in States Zulia, Portuguesa, Aragua and Anzoategui. Finally, it made an important investment of all the billboards of Tiendas Montana, with an updated design and quality.

Regarding the affiliate Montana Gráfica, engaged in the production of a wide range of flexible and foldable packages for mass consumption and industrial products and the rendering of design and pre-pressing services for the graphic arts industry, it is important to point out that this company completed the period reaching sales for two hundred eighty four million nine hundred fifty six thousand constant Bolivares Fuertes (BsF. 284,956,000) and obtaining operative profits of forty nine million eight hundred twenty three thousand constant Bolivares Fuertes (BsF. 49,823,000). Regarding the investments, two new electric generators have been incorporated that allow working in all the Plant despite of the continuous light shortages.

Our newest affiliate named PPV Puras Pinturas Venezolanas, C.A. continues its process of consolidation. Up to the present date, it has opened 19 Tiendas Pintatodo in Carabobo, Miranda, Zulia, Barinas, Mérida, Trujillo, Guárico, Bolívar, Maturín, Nueva Esparta, Lara and Anzoátegui, also having presence in the main multi-brand stores nation-wide. Currently is in the process of opening 4 new stores in Cabimas, Maracaibo, La Guaira and Puerto La Cruz. Likewise, we must point out the opening of distributors and points of sale with presence in different zones of the country for the commercialization of its products.

Finally, regarding the Principles of Good Corporate Governance and subject to the criteria approved by the National Securities Commission through Resolution N° 19-1-2005, the company’s Board of Directors has decided that more than one fifth part of the Directors members of the board may be deemed as independent. Likewise, the Board of Directors has appointed an Auditing Committee having the following duties: i) review in advance the company’s financial statements as a preliminary condition for their submission to the consideration of the Board of Directors and later submission to the approval of the Shareholders’ Meeting; ii) provide assistance to the Board of Directors regarding the implementation of the actions required for preserving the integrity of the company’s financial information; iii) assist the Board of Directors in its duty of supervising internal auditing activities and the work of independent auditors; and iv) review and analyze the content of the management’s letter in order to make the recommendations it deems necessary.

Finally, we want to inform our shareholders that Grupo Corimon, C.A., is aware of the importance of its social role, in that sense, we show you some of the activities performed during fiscal year 2011:

 During fiscal year 2010-2011 we continued making a voluntary contribution per pay roll to contribute to the nutrition of boys and girls of Unidad Educativa Virgen Misionera located in Carabobo State. Currently there are 345 workers that contribute on a monthly basis part of their salaries to help with this noble cause, discriminated among the following companies of Grupo Corimon:

CERDEX: 16 workers,
CORIMON: 78 workers,
CORIMON PINTURAS: 150 workers,
MONTANA GRAFICA: 53 workers,
RESIMON: 39 workers,
TIENDAS MONTANA: 03 workers, and
PURAS PINTURAS VENEZOLANAS: 06 workers.

This way, currently the sum of the contributions of workers is approximately: Bs 8,073.25 and the Companies of the Grupo contribute with the amount resulting from adding the individual contribution of the workers, which means a monthly contribution between workers and companies of Bs. 16,146.50.

 During the month of September 2010, workers of Grupo Corimon and its affiliates were helpful with workers and habitants of the City of Mariara due to the flooding that affected said area. Affected persons were given boxes of non perishing food and clothes according to their family groups.

 During the month of December 2010, voluntarily workers of the Grupo donate a toy and they are given to special children or low income children that are located in the cities of Valencia and Mariara.

 During the month of March 2011, a program for the care and preservation of our environment was developed by our voluntary workers of the affiliate Montana Gráfica, C.A., and they planted trees in the Escuela Básica Alejandro de Humboldt, jointly with the Mayor of Mariara Municipality.

 Likewise during fiscal year 2011, affiliate Corimon Pinturas, C.A., has continued with the program of donating paints to educational institutions, foundations and public institutions, among others: Instituto Autónomo de Protección Civil y Administración de Desastres of Carabobo State; Consejo Comunal Vivienda El Oasis, Los Guayos Municipality; Centro de Educación Inicial “La Esmeralda”, San Diego Municipality; School of Health Sciences, Universidad de Carabobo; Escuela Básica “Alfredo Pietri” in Carlos Arvelo Municipality of the city of Valencia.

In virtue of the above considerations, upon reviewing the report by the Statutory Auditors, the Board of Directors of Corimon, C.A. submits to the consideration of shareholders the Consolidated Financial Statements of Corimon, C.A. and its affiliates, expressed in constant bolivares, for the fiscal year ended on April 30, 2011.

THE BOARD OF DIRECTORS

Expressed in thousand constant bolívares
As of April 30, 2011
and
Statutory Auditor Opinion

Statutory Auditors’ Report

July 08, 2011

To the Shareholders of Corimon, C.A.

As Statutory Auditors appointed by the General Shareholders’ Meeting held on July 23, 2009 and pursuant to the dispositions of the Interpersonal Rules and Regulations for exercising the role of Statutory Auditor, Articles 309 and 311 of the Venezuelan Commercial Code and other legal and statutory dispositions, we hereby inform that we have reviewed the consolidated balance sheet of Corimon, C.A. and its affiliates as of April 30, 2011 , consolidated profit and loss statements, equity accounts’ transactions and cash flow statements for the year ended on April 30, 2011 , expressed in constant Bolivares as of April 30, 2011 , which have been prepared by the Company’s Management.

Our review has been performed to the extent we deemed necessary according to the circumstances and based on the report by the Company’s independent auditors, Rodríguez Velázquez & Asociados, dated July 12, 2011 , which is an integral part of this report and which points out that the consolidated financial statements reasonably show, regarding all relevant aspects, the financial condition of Corimon, C.A. and its affiliates as of April 30, 2011 , the consolidated profit and loss statements and cash flow statements for the year ended on April 30, 2011 , expressed in thousands of constant Bolivares as of April 30, 2011 and that such review was performed according to the generally accepted auditing principles.

Under the terms of the Directory of the National Securities Commission (SNV) dated December 12, 2008, the companies performing securities’ public offers under the terms of the Law on Capital Markets must mandatorily prepare and submit their financial statements according to the International Accounting Standards (IAS) and International Financial Report Standards (IFRS) as of those fiscal years beginning on January 1, 2011 or beginning on the immediately following date as its sole accounting presentation.

The requirement of presenting financial statements together with their relevant notes remains in force pursuant to the standards for the preparation of financial statements of companies subject to the control of the National Securities Superintendence (SNV) for fiscal years ending on December 31, 2010 or on an immediately subsequent closing date.

The consolidated financial statements have been prepared pursuant to the Standards for the Preparation of Financial Statements of Companies subject to the Control of the National Securities Superintendence. Such financial statements, in the event of the Company and its affiliated companies, unless for the provisions of the paragraph below, have no relevant discrepancies with the generally accepted accounting principles in Venezuela (PCGA-VEN).

The Company adjusted its consolidated financial statements by implementing the Standards for the Preparation of Financial Statements of Companies subject to the Control of the National Securities Superintendence (SNV). A significant discrepancy exists between these standards and the Declaration of Accounting Principles N° 10 (DPC-10) “Standards for the Preparation of Financial Statements Adjusted for Inflation Purposes” (“Normas para la Elaboración de Estados Financieros Ajustados por Efectos de la Inflación”), issued by the Venezuelan Federation of Public Accountants’ Associations (Federación de Colegios de Contadores Públicos de Venezuela), regarding the processing of the effects caused by the implementation of the mixed method. According to the DPC-10, results under the mixed method and under the general price level method (GPL) must be equal since the difference between the depreciation estimated under both methods is directly recorded in the equity in the unrealized profit and loss account for the holding of nonmonetary assets (RETANM – Resultado por tenencia de activos no monetarios), while, pursuant to the provisions of the Standards for the Preparation of Financial Statements of Companies subject to the Control of the SNV, depreciation of current values of properties, plants and equipment is directly recorded in the profit and loss accounts. The net effect of such discrepancy over the consolidated financial statements for the year ended on April 30, 2011 was a reduction of Bs. 13,659,000 in the consolidated net profits.

To our opinion, based on our review and work performed by the independent auditors, Rodríguez Velázquez & Asociados, the attached financial statements and their respective notes, expressed in thousands of constant Bolivares, reasonably show the consolidated financial condition of Corimon, C.A. and its affiliates as of April 30, 2011 and consolidated profit and loss statements and cash flow statements for the year ended on such date, pursuant to the Regulations for Preparing Financial Statements applicable to companies subject to the control of the National Securities Commission; therefore, we submit them to the consideration of the Shareholders’ Meeting for their approval.

Sincerely,

Jorge Gómez C. Henry Peñaloza R.
Statutory Auditor Statutory Auditor
CPA Nº 10951 CPA Nº 20339

Upon verifying a quorum of eighty four point six hundred forty percent (84.640%) of the company’s subscribed and paid-in shares of capital stock, Dr. Carlos Gill Ramirez declared the Regular Shareholders’ Meeting as valid and read the call of meeting published in newspaper “El Universal” on July nine (09), 2011 transcribed as follows:

“CORIMON, C.A.”
AUTHORIZED CAPITAL: BS. F. 97,973,320.00
SUBSCRIBED AND PAID-IN CAPITAL: BS. F. 78,384,000.00
CARACAS, VENEZUELA

CALL OF MEETING

Shareholders of CORIMON, C.A. are hereby called to a Regular Shareholders’ Meeting to be held on July 25, 2011, at 3:00 p.m., at the penthouse of Edificio Corimon, located at calle Hans Neumann, Los Cortijos de Lourdes, in the city of Caracas, Venezuela, for purposes of taking into consideration and resolve upon the items included in the following agenda:

1. Consider and resolve based on the Balance Sheet as of April 30, 2011, upon review o the statutory auditor’s report, as well as the report of the Board of Directors.
2. Consider and resolve upon the appointment of the Statutory Auditors and their alternates, as well as establish their remuneration and resolve upon the appointment of an independent public accounting firm for certifying the company’s annual financial statements.

The Board of Directors

Caracas, July 9, 2011.

Note: Shareholders are hereby notified that the annual report to be submitted by the Board of Directors and financial statements audited by public accountants, corresponding to the fiscal year ended on April 30, 2011 and the report by the Statutory Auditors are available for review at the company’s offices located at calle Hans Neumann, Edificio Corimon, penthouse, Los Cortijos de Lourdes, Caracas, Venezuela and in the Venezolano de Crédito Banco Universal, Securities Department, in Avenida Alameda, Piso 8, San Bernardino, Caracas, Venezuela.

Once read the call of meeting, as it was published, they took into consideration and decided upon the following items:

FIRST: Consider and resolve based on the Balance Sheet as of April 30, 2011, upon review o the statutory auditor’s report, as well as the report of the Board of Directors.

They read the report by the Statutory Auditors and the report by the Board of Directors.
The financial statements of Corimon for the fiscal year ended on April thirty (30), 2011 submitted to the Meeting stated the following:

During the fiscal year ended on April 30, 2011, consolidated sales for an amount of one billion one hundred twenty nine million nine hundred ninety eight thousand constant bolivares and zero cents (BsF. 1,129,998,000), resulting in gross profits for the amount of four hundred twenty four million, two hundred fifty thousand (BsF. 424,250,000) and an operating profit of one hundred eighty nine million two hundred fifty four thousand bolivares zero cents (Bs. 189,254,000), resulting in net profits for the amount of sixty one million, six hundred fifteen thousand bolivares and zero cents (Bs. 61,615,000). As of April 30, 2011, the balance of the Company reflects a total of assets for the amount of one billion six hundred nineteen million, nine hundred seventy eight thousand constant bolivares (Bs. 1,619,978,000), a total of liabilities for the amount of seven hundred twenty nine million, two hundred twenty five thousand constant bolivares (Bs. 729,225,000), minority interest for the amount of seventeen million one hundred eighty seven thousand bolivares and zero cents (Bs. 17,187,000) and shareholders’ equity for the amount of eight hundred seventy three million five hundred sixty six thousand constant bolivares (Bs. 873,566,000).
Once reviewed the reports prepared by the Statutory Auditors and the Board of Directors, they approved the Financial Statements submitted to their consideration. They also approved the respective report and management by the Board of Directors, all of which were put at the disposition of the shareholders in advance.

The Financial Statements were approved with the abstention of the shareholder Fondo de Protección Social de los Depósitos Bancarios, who stated that his abstention was due to the compliance with a policy of the entity he represents and not due to an objection regarding the content of the Financial Statements of the Company.

Subsequently, they took into consideration the Second Item of the Agenda, which read as follows:

SECOND: Consider and resolve upon the appointment of the Statutory Auditors and their alternates, as well as establish their remuneration and resolve upon the appointment of an independent public accounting firm for certifying the company’s annual financial statements.

From the list of candidates submitted and pursuant to the process provided by the legislation on Capital Markets, the Meeting appointed Henry Peñaloza, bearer of the identity card N° 7.955.377, C.P.A. N° 20.339, and Jorge Gómez, bearer of the identity card N° 5.407.975, C.P.A. N° 10.951, as Main Statutory Auditors, and Fernando Bravo, bearer of the identity card N° 8.721.037, C.P.A. 49.697, and William Granier, bearer of the identity card N° 5.170.010, C.P.A. 5.722, as their respective alternates. The Meeting approved their remuneration in Bolivares, equal to one hundred twenty (120) tax units per year, for Statutory Auditors in office.

The firm Rodríguez, Velázquez & Asociados, member of KPMG, was appointed as Independent Public Accountants for the company’s next fiscal year.

It is hereby certified that votes were unanimous.

Finally, they authorized Amelia Ibarra, Venezuelan, of legal age, domiciled in Caracas and bearer of the identity card N° 6.911.566, for certifying, as Secretary of Corimon, C.A., this Minutes of Regular Shareholders’ Meeting, as well as notifying the competent authorities regarding the decisions taken at this Shareholders’ Meeting.

Likewise, they authorized Daniel Pantoja, Venezuelan, of legal age, of this domicile and bearer of the identity card N° 3.985.059, for carrying out the corresponding registration at the Mercantile Registry Office and request any certified copies deemed necessary.

Being there no further matters to discuss, the Meeting was adjourned and this Minutes was prepared and signed in agreement by the attendants and representatives.
(Signed) Amelia Ibarra, representing 628,382 shares; (Signed) Cáceres Flores Jorge Hernán, representing 1065 shares (signed), José Alberto Febres Pérez representing 33 shares; García Rodríguez Leonardo, representing 1111 shares (Signed), Hernandez Rodríguez Andres, representing 709 shares, (signed) Rodas de Gonzalez Flor Marina representing 1 share (signed), Alfonzo-Larrain Alejandro representing 292 shares (signed) Cubas Rommel, representing 4.425 shares, (signed) Hernández Patricia, representing 27.420 shares, (signed) Felipe Panza Torres, representing 2 shares.

I, Amelia Ibarra, Venezuelan, of legal age, domiciled in Caracas and bearer of the identity card N° 6.911.566, acting as Secretary of Corimon, C.A., company domiciled in Caracas and registered at the Second Mercantile Registry Office of the Judicial Circuit of the Federal District and Miranda State on June fourteen, 1949, under N° 644, Volume 3-D, hereby certify that the above minutes is true and exact copy of its original filed in the Book of Minutes of Shareholders’ Meeting carried by the company.

Amelia Ibarra

1. Consider and resolve, overlooking the project that will be presented by the Board, regarding to the decree of an extraordinary dividend under the Undistributed Earnings account.

Regards,

The Board.

Caracas May 1st, 2011.

1. Limit Date of Transaction with Benefit: May 10, 2011
2. Effective Registration Date of the Benefit: Friday May 13, 2011.

The dividends will be paid from the Effective Registration Date of the Benefit in Venezolano de Crédito, Banco Universal, Transfer Agent of the Company, Securities Department in Avenida Alameda, San Bernardino, Caracas, Venezuela.

Note: The availability of the dividends to be paid to the holders of the Depositary Shares (ADSs) shall be subject to the approval of the National Exchange Commission (CADIVI) that will be managed by the company.

To download the Consolidated Financial Statements 2010 and 2009 Corimon click here

However, as a responsible company, each subsidiary has developed various plans for social action to their communities, enabling them to get closer to the comunity not only with marketing objectives but also with solutions to difficult situations.

A helping hand has been building slowly in this important group of companies. Montana Gráfica, for example, has focused on structuring a base of volunteers who come in times of crisis, and is always ready to bring joy to shelters, hospitals and smaller areas with limited economic resources.

Cerdex, meanwhile, is united by their employees, who on an entirely voluntary give a percentage of your salary every month as a contribution to the feeding of an educational unit with low resources

Each company and their employees has designed a project with the community from different perspectives and according with their need to help them. The most important thing for the Corimon Group is attend and support their country because is more than just an obligation.