Circular Letter 229 "New instruments (shares) in foreign securities records of S.V.S."

DEPÓSITO CENTRAL DE VALORES S.A.,
DEPÓSITO DE VALORES

Dear PARTICIPANT
Present

Depósito Central de Valores informs its participants that the following new instruments (shares) have been listed in the Registro de Valores Extranjeros of Superintendencia de Valores y Seguros (SVS) and  that as of March 21, 2013 may be traded locally in the Bolsa de Valores  Extranjeros pursuant to Title XXIV of Law 18,045 and complementary regulations issued by SVS.

We declare that DCV will offer, in the context of the Servicio de Bolsa de Valores Extranjeros, custody services of these values and recording of transactions taking place with these instruments, based on the agreement held with Deutsche Bank, entity which through Deutsche Securities Corredores de Bolsa Limitada, has acted as sponsor in the listing of these new foreign instruments.

We remind our Depositors the operating form with foreign securities and about the regulation that controls this service, and we clarify that the operating model will be equivalent to the currently effective for the ETF that is traded today in the Bolsa de Valores Extranjeros.

Thus:

1. Depositors who wish to adhere to the Servicio de Custodia de Bolsa de Valores Extranjeros registered in the Registro de Valores Extranjeros of the SVS must sign, for once, the Annex to the Contract of Deposit called International Custody Annex.

Fees for this service will be uniform for all Depositors and will be provided to those who wish to contract the service, who must subscribe them as a sign of acceptance.

2.The foreign securities in DCV custody will be credited to the current position accounts of the Depositor, identifying through the respective instrument code

3. The settlement of the transactions with the foreign securities in the Chilean market will be performed under the same modality that applies to the operations with national securities, that is, settlement between counterparties or bilateral settlement.

Así, las Bolsas de Valores enviarán diariamente a DCV un archivo con las respectivas operaciones y, su liquidación en cuanto al efectivo, se realizará bilateralmente entre los corredores de bolsa que sean parte de la respectiva transacción, en dólares de los Estados Unidos de América, como se detalla el Manual de Operaciones del Mercado de Valores Extranjeros de las respectivas Bolsa de Valores.

4. The negotiation of these securities in the foreign market will be performed by the depositors and DCV must be instructed through the International Operations Registry Form (FROI).

5. The patrimonial rights which issuing entities decree about the securities held in Deposit, will be subject to operation practices that are current in DCV.

6. DCV will offer the end beneficiaries of the securities (through the depositor) who require obtaining a lower rate of withholding tax on dividend payment, to make the arrangement of collecting the W-8IMY forms (in the case of intermediaries), W-8BEN (end beneficiaries) or W-9 (in the case of north American citizens), as the case may be, in original and duly completed, to be presented to the International Custody.

The above mentioned in no event means that DCV assumes responsibilities for the fiscal results that are applicable by the Custody or Foreign Withholding Agent nor will it be its task to provide tax advice of any kind. The Depositors and Investors are the ones who should know the market conditions in which they operate. The Formats and instructions may be consulted and obtained from the U.S. IRS Web site.

7.The details and characteristics of the service offered by the DCV are contained in the document called “International Custody Service Operations Manual” which copy may be downloaded in this same circular.

 

To download International Custody Service Operations Manual (SPANISH ONLY)

To download list of 60 new registered shares (SPANISH ONLY)


In the event of any questions please contact the international customer service desk, InterMAC, at  \n This email address is being protected from spambots. You need JavaScript enabled to view it. This email address is being protected from spambots. You need JavaScript enabled to view it. or telephone: (56 2) 2393 9366 - (56 2) 2393 9368 - (56 2) 2393 9307

Yours sincerely,