analyst certification and required disclosures begin on page 48 1 ubs does seeks to do business with companies covered in its research reports as a result investors should be aware that the firm may have conflict of interest could affect objectivity this report consider only single factor making their investment decision customers united states can receive independent third party company or at no cost them where such is available access www com independentresearch call 877 208 5700 request copy americas global equity market comment ab sc an strategy briefing colombia handbook financial snapshots major listed colombian we present 14 s leading including brief description five year history relevant overview sum parts valuation portfolios time focus mkt second worst performer among gem ytd driven by