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Compañía de Petróleos de Chile COPEC

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Legal advisors to Compañía de Petróleos de Chile COPEC S.A. in the acquisition of an indirect controlling stake in Organización Terpel S.A., a local fuel and natural vehicular gas (GNV) distribution company with presence in Ecuador, Mexico, Panama, Peru and Chile, through a private purchase of a 47.2% stake in Proenergía Internacional S.A., the listing of the company in the Bolsa de Valores de Colombia and a subsequent tender offer whereby Copec acquired and additional 8.9% stake. Additionally, Copec made a tender offer over Sociedad de Inversiones en Energía S.A., a local listed company by means of which Proenergía controls Terpel. At a price of USD $3.8249 per each Proenergía share acquired directly or indirectly by Copec.