1Q 2013 Earnings Release

1Q 2013 Earnings Release EBITDA of Ripley Chile and Peru increases 26.9% Ripley and 67.5% respectively, compared to 1Q2012 EBITDA Ripley Corp increased 6.7%, absorbing pre-operating expenses of Colombia, which amounted to $3,021 million during the quarter. CORP 1Q 2013 Total revenues of Ripley Corp in the first quarter grew 3.8% compared to the first quarter of 2012. Ripley Corp's EBITDA reached $16,922 million, increasing 6.7% compared to the same quarter last year, mainly due to the better results both in Chile and Peru, which were partly offset by the costs associated with Colombia. Without Colombia Ripley Corp's EBITDA would have shown an increase of 25.6%. Net Income was $5,964 million, 6.7% higher than 1Q 2012. Without Colombia Ripley Corp s Net Income would have shown an increase of 46.9%. CHILE 1Q 2013 Retail gross margin increased 11.9% due to sales growth of 2.5% and an increase in margins as a percentage of sales from 23.9% in 1Q 2012 to 26.1% in the 1Q2013. The financial business gross margin (revenues minus risk charges) increased by 3.8% mainly due to a 15.8% decrease in risk charges. Net Income in Ripley Bank Chile decreased by $788 million compared to the same quarter last year, due to an increase in risk charges and a decrease in fees revenues. Ripley Chile + Bank EBITDA increased by 15.8%. PERU 1Q 2013 The retail gross margin increased 30.6% in soles, due to sales growth of 9.7% in soles and an increase in margins as a percentage of sales from 21.3% in 1Q 2012 to 25.3% in 1Q2013 Financial revenues of Ripley Bank in Peru fell 2.4% in soles compared to the same period last year, mainly due to a decrease in fees revenues. Ripley Peru EBITDA increased by 66.6% in soles. www.ripley.cl

CONTENTS 1. Highlights... 3 2. Income Statement Summary... 4 3. Results explanation... 5 4. Retail Indicators... 10 5. Credit Indicators... 10 6. Stores... 11 7. Financial Structure... 12 A. Balance Ripley Corp... 14 B. Income Statement of Ripley Corp...16 Notes: Consolatied financial results according to Interntional Financial Reporting Standards (NIFF), standards of the Superintendency of Securities and Insurance of Chile (SVS), and standards established by the Superintendency of Banks and Financial Institutions (SBIF). All data is expressed in Chilean pesos, unless indicated otherwise The month end exchange rate peso / dollar was $ 472.03 in M 2013 and March 2012 was $ 487.44 The month end exchange rate sol / dollar was S./ 2.589 in March 2013 and March 2012 was S./ 2.667 The month end exchange rate peso colombiano/ dollar was COP 1,825 in March 2013 and March 2012 was COP 1,747 Tables with the consolidated income statements were made as the sum of the business of banking subsidiaries over nonbank subsidiaries to simplify the analysis. Chile: is the segment that includes Ripley Chile SA, Banco Ripley Chile SA and other companies with operations in Chile Operating Income: Revenue - Cost of Sales - Distribution costs - Expenses of administration. Q1 = first quarter Q2 = second quarter Q3 = third quarter Q4 = fourth quarter H1 = first half 9M = accumulated in the first nine months of the year www.ripley.cl Page 2 of 17

1. Highlights First Quarter 2013 Compañía de Financiamiento On February 19th, the Financial Superintendency of Colombia authorized the creation of Ripley Financing Company SA, through which Ripley will do its services in the financial business. After First Quarter 2013 First three stores in Colombia During April Ripley started the trial run of its first three stores in the Colombian market. The first store to open its doors was Mall el Cacique store, in the city of Bucaramanga. The second store to open was Ripley Calima, in the mall Calima Bogota and at the end of the month, the store Ripley Centro Mayor opened, also in Bogotá. Ripley Store Opening in Peru: Piura II Ripley Peru inaugurated in May its store number 21 in the country, and second store in the city of Piura. The store has a selling space of 5,412 m2. www.ripley.cl Page 3 of 17

2. Income Statement Summary Ripley Corp Ripley Corp (CLP million) 1T2013 1T2012 $MM % Rev $MM % Rev Var CLP Var % CLP Revenues of Non-Banking Operations 259.603 88,4% 248.253 87,7% 11.350 4,6% Revenues of Banking Operations 34.213 11,6% 34.706 12,3% -494-1,4% Total Revenues 293.816 100,0% 282.960 100,0% 10.856 3,8% COST of Non-Banking Operations -169.690-65,4% -169.213-68,2% -476 0,3% COST of Banking Operations -12.195-35,6% -11.467-33,0% -728 6,4% Total COGS -181.884 61,9% -180.680 63,9% -1.204 0,7% GROSS PROFIT 111.931 38,1% 102.280 36,1% 9.652 9,4% SG&A Expenses -103.368-35,2% -94.329-33,3% -9.038 9,6% EBIT 8.563 2,9% 7.950 2,8% 613 7,7% Financial income 916 0,3% 858 0,3% 58 6,7% Financial costs -5.335-1,8% -5.186-1,8% -150 2,9% Other subsidiaries income (expenses) 2.599 0,9% 1.855 0,7% 743 40,1% Other non-operating income (expenses) 268 0,1% -218-0,1% 487 Exchange differences -198-0,1% 755 0,3% -954 Inflation-indexed monetary units -410-0,1% -337-0,1% -73 21,6% Other non-operating banking expenses -139 0,0% -69 0,0% -71 103,2% Non-operating Income -2.300-0,8% -2.340-0,8% 40-1,7% Income before taxes 6.264 2,1% 5.610 2,0% 654 11,7% Income taxes -299-0,1% -22 0,0% -277 1270,9% Profit (Loss) attributable to equity holders of parent 5.964 2,0% 5.589 2,0% 375 6,7% profit (Loss) attributable to minority interest 1 0,0% -1 0,0% 1 Net Income 5.964 2,0% 5.588 2,0% 376 6,7% EBITDA 16.922 5,8% 15.857 5,6% 1.066 6,7% EBITDA: Operating Income + Depreciation + Amortization of intangibles www.ripley.cl Page 4 of 17

3. Results explanation Business in Chile Retail Business 1Q2013 Retail Gross Margin increases by 11.9% Sales Retail revenues in the first quarter had a growth of 2.5%, reaching $144,691 million. This is explained by the addition of two new stores that opened in 2012 (Costanera and Mall Concepción) to compare both quarters as growth in same store sales (SSS) was flat, due to the commercial strategy to increase margins and reduce inventories. Sales margins The retail margin as a percentage of sales, increased from 23.9% in 1Q2012 to 26.1% in 1Q2013. This is explained by a better administration of inventories together with the company's strategies to promote and increase brand value to achieve better margins. The increase in sales plus the increase in margins explains the growth of 11.9% in retail gross margin. Credit Card Business 1Q2013 Credit Card gross margin increases by 3.8% Financial Revenues The average loan portfolio increased 2,3% compared to the same quarter of last year, although financial revenues for the quarter from Ripley Chile credit card showed a decrease of 0.9% compared to 1Q2012 due to a lower average interest rate. Risk Charges The decrease in financial revenues was offset by a lower risk charge in the quarter of 15.8%, which led to financial gross margin (financial revenues minus provisions for loan losses) to increase by 3.8%. The decrease in the risk of the portfolio is explained by the improvement in delinquency indicators, where non performing loans (more than 90 days delinquent) as a percentage of the portfolio decreased from 4.7% in the 1Q2012 to 4.4% in 1Q2013. Real Estate Business 1Q2013 The real estate business, which entirely corresponds to revenues from Mall of Concepcion, reported revenues of $1,208 million during 1Q2013. The Mall Concepcion was opened in October of 2012, so it is still in an early stage of maturity. SG&A business in Chile (ex Bank) 1Q2013 For Ripley Chile (without bank), the ratio of SG&A / total revenue increased from 32.7% in the first quarter of 2012 to 34.2% over the same period of the current year due to higher expenses related with the real estate business, new stores opened during 2012 that have not yet come to maturity and higher remuneration for sales goals accomplishment. www.ripley.cl Page 5 of 17

Ripley Bank Chile 1Q2013 Operating Income of Bank Ripley Chile decreases $775 million Financial Revenues Financial revenues from Bank Ripley Chile remained similar to last year. This is because the increase in interest revenues of 3.2% was offset by a decline in fees revenues. Risk Charges The risk charge had an increase of $832 million when compared to 1Q2012. During the first quarter of 2012 risk charges were lower than usual, so the bank reversed prudential provisions applied to new customers incorporated in previous year, which showed a better performance than expected. SG&A In the case of Bank Ripley Chile, expenses show virtually no change from last year. www.ripley.cl Page 6 of 17

Business in Peru Retail Business 1Q2013 Retail Gross Margin increases 31.3% in pesos and 30.6% in soles Sales Retail revenues increased 10.5% and 9.7% measured in pesos and soles respectively. Sales growth is explained mainly by the opening of five stores in 2012, along with the growth strategy adopted in the country. Sales margin During the first quarter of 2013, retail margins as a percentage of total sales reached 25.3%, a significant increase of 400 basis points compared with the 21.3% reached in the first quarter of 2012. This increase is due to an improvement in the purchasing process, which allowed entering a first quarter with a controlled level of inventories compared to last year, together with the company's strategies to promote and increase brand value to achieve better margins. The increase in sales plus the increase in margins explains the growth of a 30.6% retail gross margin in soles. SG&A In the Retail Business in Peru the SG&A as a percentage of total revenues showed a decrease from 26.1% in 1Q2012 to 25.9% in the same quarter of 2013, in line with the efficiency plans of the company. Ripley Bank Peru 1Q2013 Operating Income of Ripley Bank Peru decreases by 19,2% in pesos and 20,0% in soles. Financial Revenues Financial revenues decreased by 2.4% in soles. This is due to a decrease in fees income from 11.4% in soles, explained by the elimination of management fees in 2013. Risk Charge Risk charges increased by 7.4% in soles compared to the same period last year due to an increase in the cash advances, products associated with a higher risk rate. SG&A The selling and administrative expenses remained similar to those of the first quarter of 2012, in line with efficiency plans implemented by the company. Business in Colombia SG&A 1Q 2013 The selling and administrative expenses of Colombia during 1Q 2013 were $3,021 million. These expenses include administrative expenses of the administrative staff and most of the sales force of the three stores that opened in April. www.ripley.cl Page 7 of 17

Non- Operating Income 1Q2013 Financial Income: Financial income increased 6.7% compared to the same period in 2012 due to higher level of cash which was partly offset by lower rates. Financial Expenses: Financial expenses increased by 2.9% when compared to the 1Q2012, which is explained by an increase in debt associated with the group's investment plan. Results per unit adjustment: charges associated with unit adjustment decreased by $73million. Other gains and losses: This item increased in $487 million. Participation in related companies: Showed an increase of 40.1% when compared to the first quarter of 2012. The increase in the contributions of the three branches of malls society plus the incorporation Woodfell International Corp, explains the increase. Woodfell International Corp, that is owned in a 40% by Ripley, has the representation of the Forever 21 store in several Latin American countries, among them Chile, Peru, Colombia, Ecuador, Panama and El Salvador. Chile Selling Space (m2) Ownership (%) Opened Marina Arauco 58,000 33.3% 1999 Mall del Centro Curicó 46,000 33.3% 2006 Mall Plaza Sur 71,000 22.5% 2008 Mall Plaza Alameda 60,000 22.5% 2008 Mall Plaza Mirador Bío Bío 43,000 22.5% 2012 Mall Concepción 41,000 100% 2012 Total Chile 319,000 Total Chile x Ownership 114,782 Income of related companies (M$) % Part 1Q2013 1Q2012 Var Var% Inmobiliaria Viña del Mar S.A. 33,3% 1.305 1.051 254 24,1% Nuevos Desarrollos S.A. 22,5% 587 480 108 22,4% Aventura Plaza S.A. 40,0% 442 324 118 36,5% Woodfell International Corp. 40,0% 264 0 264 Total 2.599 1.855 743 40,1% Peru Selling Ownership Space (m2) (%) Opened Aventura Plaza Trujillo 58,000 40% 2007 Aventura Plaza Bellavista 67,000 40% 2008 Aventura Plaza Arequipa 59,000 40% 2010 Aventura Plaza Santa Anita 50,000 40% 2012 Total Peru 234,000 Total Peru x Ownership 93,600 Total Selling Space x Ownership 208,382 www.ripley.cl Page 8 of 17

Business in Chile* ACCUMULATED Business in Chile (MM$) 1T2013 % Ing 1T2012 % Ing Var MM$ Var % Revenues of Non-Banking Operations 144.691 72,3% 141.120 72,1% 3.571 2,5% Retail Revenues 40.470 20,2% 40.839 20,9% -369-0,9% Retail Revenues 1.208 0,6% 0 0,0% 1.208 N/A Retail Revenues 186.369 93,1% 181.959 92,9% 4.410 0,0% Revenues of Banking Operations 13.770 6,9% 13.877 7,1% -107-0,8% Total Revenues 200.139 100,0% 195.836 100,0% 4.303 2,2% COST of Non-Banking Operations -106.938-53,4% -107.385-54,8% 447-0,4% Cost of Sales -8.260-4,1% -9.806-5,0% 1.546-15,8% Cost of Sales -115.198-57,6% -117.191-59,8% 1.993-1,7% COST of Banking Operations -5.517-2,8% -5.046-2,6% -471 9,3% Total Cost -120.716-60,3% -122.237-62,4% 1.521-1,2% Gross Profit 79.423 39,7% 73.599 37,6% 5.824 7,9% SG&A -69.818-34,9% -65.526-33,5% -4.292 6,5% EBIT 9.605 4,8% 8.073 4,1% 1.532 19,0% EBITDA 15.443 7,7% 13.338 6,8% 2.105 15,8% EBITDA RIPLEY CHILE S.A. 13.014 7,0% 10.258 5,6% 2.756 26,9% Business in Peru ACCUMULATED Business in Perú (MM$) 1T2013 % Ing 1T2012 % Ing Var MM$ Var % Revenues of Non-Banking Operations 73.966 78,2% 66.966 76,2% 7.000 10,5% Revenues of Banking Operations 20.596 21,8% 20.969 23,8% -373-1,8% Total Revenues 94.562 100,0% 87.935 100,0% 6.627 7,5% COST of Non-Banking Operations -55.216-74,7% -52.685-78,7% -2.531 4,8% COST of Banking Operations -6.677-32,4% -6.421-30,6% -257 4,0% Total COGS -61.893 65,5% -59.106 67,2% -2.788 4,7% GROSS PROFIT 32.668 34,5% 28.829 32,8% 3.839 13,3% SG&A Expenses -30.234-32,0% -28.517-32,4% -1.717 6,0% EBIT 2.434 2,6% 312 0,4% 2.122 679,0% EBITDA 4.946 5,2% 2.953 3,4% 1.993 67,5% Business in Colombia ACCUMULATED Business in Colombia (MM$) 1T2013 % Ing 1T2012 % Ing Var MM$ Var % Revenues of Non-Banking Operations Revenues of Banking Operations Total Revenues COST of Non-Banking Operations COST of Banking Operations Total COGS GROSS PROFIT SG&A Expenses -3.021 EBIT -3.005 Consolidation adjustments are not reflected in the tables with the results by country. Figures in Chilean Peso www.ripley.cl Page 9 of 17

4. Retail Indicators RETAIL BUSINESS (Local Currency) 2012 2013 1Q 2Q 3Q 4Q 1Q RIPLEY CHILE RIPLEY PERU Variation in retail sales 11,3% 4,7% 13,8% 11,0% 2,5% Variation in retail same store sales 9,3% 7,2% 9,9% 7,6% 0,1% Retail Margin 23,9% 26,9% 23,4% 29,6% 26,1% Inventory Turnover 102 93 103 72 100 Sales/m2 (USD) 5.634 5.698 5.784 5.874 5.899 Variation in retail sales 13,3% 5,7% 12,7% 10,7% 9,7% Variation in retail same store sales 12,3% 2,8% 8,0% 1,0% 1,2% Retail Margin 21,3% 26,3% 21,6% 26,8% 25,3% Inventory Turnover 118 107 98 86 106 Sales/m2 (USD) 5.093 5.123 5.203 5.200 5.099 The information of Peru is estimated in Soles. The SSS of Chile, starting on February 2012, does not consider the store El Trebol that was closed temporaly after a fire damaged the full sotre at the end of February 2012. Inventory turns is calculated as inventories times 90 divided by the cost of operation of the quarter. The Sales/m2 are calculated for the last twelve months in local currency converted into dollars at the closing exchange rate number. 5. Credit Indicators FINANCIAL BUSINESS ($M) 2012 2013 1Q 2Q 3Q 4Q 1Q Credit Card Ripley Chile Bank Ripley Chile Bank Ripley Peru Gross loan portfolio 361.356 353.940 355.968 391.828 372.069 Provisions 49.373 48.423 46.737 47.160 46.904 Provisions/Total Loan 13,7% 13,7% 13,1% 12,0% 12,6% Number of credit cards with debt (Th) 1.080 1.077 1.053 1.114 1.053 Write-offs net of loans of write-offs recoverie 11.736 7.829 9.835 7.243 8.357 Gross loan portfolio 210.232 212.611 214.685 216.214 215.011 Provisions 14.855 14.718 14.578 14.708 14.687 Provisions/Total Loan 7,1% 6,9% 6,8% 6,8% 6,8% Write-offs net of loans of write-offs recoverie 2.083 1.905 2.134 1.817 2.417 Gross loan portfolio 179.145 192.077 180.096 200.079 178.289 Provisions 17.907 18.820 17.847 18.680 18.131 Provisions/Total Loan 10,0% 9,8% 9,9% 9,3% 10,2% Number of credit cards with debt (Th) 475 484 471 498 463 Write-offs net of loans of write-offs recoverie 4.609 5.162 3.218 4.328 4.506 This is the write-off of net loans of write-off recoveries made in previous periods The gross loan portfolio for Colombia at the end of 1Q 2013 was MM$ 3. www.ripley.cl Page 10 of 17

6. Stores Selling Space Chile Peru SELLING SPACE Nº STORE OPENING Nº (m2) SELLING SPACE (m2) 1 Huérfanos 3.364 may-64 1 Ripley Jockey Plaza 14.001 oct-97 2 Barros Arana 1.697 may-86 2 Ripley San Isidro 10.420 nov-99 3 Viña del Mar 4.301 jun-89 3 Ripley San Miguel 12.465 nov-00 4 Temuco 4.792 ago-90 4 Ripley Miraflores 9.447 oct-01 5 Castellón 4.164 dic-92 5 Max Cono Norte 9.193 dic-02 6 Parque Arauco 11.999 abr-93 6 Ripley Primavera 9.493 nov-03 7 Plaza Vespucio 8.064 sep-94 7 Ripley Asia 2.490 ene-04 8 Puerto Montt 4.439 oct-95 8 Ripley Chorrillos 11.524 dic-05 9 Astor 2.287 dic-95 9 Max Minka 8.620 jul-06 10 Puente 7.382 oct-96 10 Ripley Trujillo 7.325 dic-07 11 Rancagua 6.650 nov-98 11 Ripley Callao 7.132 dic-08 12 Valparaíso 5.918 dic-98 12 Ripley Chiclayo 4.465 nov-09 13 Marina Arauco 8.369 dic-99 13 Ripley Arequipa 5.830 dic-10 14 Antofagasta 7.289 dic-99 14 Ripley Piura 4.331 dic-10 15 Alto Las Condes 9.361 oct-00 15 Ripley Lima Norte 7.746 dic-10 16 La Serena 5.350 sep-01 16 Ripley Chimbote 3.810 abr-12 17 Calama 4.662 abr-02 17 Ripley Santa Anita 8.434 ago-12 18 Plaza Oeste 9.840 sep-02 18 Jirón de la Unión 3.300 oct-12 19 Plaza Tobalaba 5.714 ago-02 19 Huancayo 3.209 dic-12 20 Iquique 5.880 mar-02 20 San Borja 5.334 dic-12 21 El Trébol 5.631 feb-03 Total 148.569 22 Plaza Norte 4.977 nov-03 23 Florida Center 9.629 abr-04 24 Crillón 4.394 oct-05 25 Portal Temuco 7.057 nov-05 26 La Dehesa 6.634 oct-06 27 Curicó 5.500 nov-06 28 Talca 6.327 nov-06 29 Puerto Montt (Paseo del Mar) 9.500 abr-07 30 La Calera 4.000 jun-07 31 Outlet Maipú 7.010 nov-07 32 Quilpué 4.501 nov-07 33 Chillán 4.610 nov-07 34 Punta Arenas 7.297 abr-08 35 Plaza Alameda 8.262 abr-08 36 Plaza de los Ríos 5.443 nov-08 37 San Bernardo 5.836 dic-08 38 Los Andes 4.390 nov-09 39 Costanera 12.831 jun-12 40 Concepción 6.691 oct-12 Total 252.042 STORE OPENING Approximately 73% of the number of stores in Chile are leased, the rest are owned by the company, For instance, in Peru approximately 85% of the stores are leased, and 20% are owned by the company. Considering the analysis is in square meters, the percentage of area leased in Chile and Peru is 81% and 83% respectively. In some cases Ripley leases its stores to shopping centers where you have some percentage of ownership. In Marina Arauco and Curicó we own 33,3%, and in Alameda and Plaza Square South (San Bernardo) 22,5% and Peru 40% of the Malls in Trujillo, Arequipa Callao. In 1Q 2013, the company reduced the size of the store Ripley Curicó, in order to improve efficiency. www.ripley.cl Page 11 of 17

7. Financial Structure Financial Structure of nonbank business of Ripley Corp, and key ratios Non Banking business Cash 200 Total Debt (Short term debt down) 211 Net Debt Ripley Corp 1Q2013 1Q2012 ROE 1 5,0% 6,7% Margin EBITDA 2 7,1% 7,9% Non Banking business mar/2013 dic/2012 Financial net debt / Equity 3 0,45 0,39 Financial net debt / EBITDA Non Banking 4 4,5 4,0 Liquidity 5 1,53 1,77 ROA 6 3,6% 3,4% 279 300 1 Earnings LTM / Average Equity LTM 2 EBITDA LTM/Revenues LTM 3 Financial debt net of cash of nonbank subsidiaries of Ripley Corp / total equity (non banking) 4 Financial debt net of cash of nonbank subsidiaries of Ripley Corp/ EBITDA LTM (non banking) 5 Total current Assets / Total Current Liabilities (non banking). 6 (Operating income + subsidiaries income) LTM/ total average assets (non 27 56 106 145 Mar-2013 (Bn$) Mar-2012(Bn$) banking) LTM LTM: last twelve months ROE The indicator shows a decrease of 1.7 percentage points over the same period last year, mainly due to the decrease in earnings of the last twelve months. EBITDA Margin The 0.8 percentage point decrease in the indicator is due to lower margins, mainly observed in the second and third quarters of 2012 and are included in the calculation period, despite a positive turnaround from the 4th quarter 2012 that continued in the first quarter of 2013, as previously explained in the document. Financial Net Debt/Equity The indicator increased by 0.06 points since an increase in net financial debt due to the investment plan of the company. Financial Net Debt /EBITDA Non Banking The company is in the middle of a major growth plan, which includes the opening of a new country as is the case of Colombia, and store openings and new shopping centers in Chile and Peru. All this growth was partly financed by increased debt, which generates a series of pre-operating expenses that reduce the company's EBITDA, affecting the indicator, which should tend to revert to the extent that new projects begin to mature. Liquidity Liabilities maturing in early 2014, which were considered as non-current, became current, which together with an increase in trade payables explain the increase in current liabilities, which explains the decrease of the liquidity ratio. This decrease was partly offset by an increase in current assets as cash and an increase in trade. ROA The indicator shows an increase of 0.2 percentage points over the same period last year, mainly due to an increase in operating income observed during the first quarter of 2013 compared to the first quarter of 2012. www.ripley.cl Page 12 of 17

Balance Sheet and Income Statement The complete Financial Statements of Ripley Corp and Chile are on the website of the Superintendencia de Valores de Chile (www.svs.cl) www.ripley.cl Page 13 of 17

A. Balance Ripley Corp NON BANKING OPERATIONS (CLP Million) mar/2013 dic/2012 Var$M Var % ASSETS Current Assets Cash and Cash Equivalents 55,958 87,134-31,175-35.8% Other Financial Assets, Current 5 14-9 -62.8% Other Non-Financial Assets, Current 39,330 40,055-725 -1.8% Trade and Other Receivables, Net, Current 227,961 250,787-22,827-9.1% Notes and accounts receivable from related parties, Current 2,135 1,746 390 22.3% Inventories 190,303 198,134-7,830-4.0% Recoverable Taxes 34,353 36,032-1,679-4.7% Total Current Assets 550,046 613,902-63,856-10.4% Non Current Assets Other Financial Assets, Non-Current 172 170 2 Other Non-Financial Assets, Non-Current 7,521 7,560-38 -0.5% Trade and Other Receivables, Net, Non-Current 139,206 139,275-69 0.0% Equity Method Accounted Investments in Associates 142,622 141,550 1,072 0.8% Intangible Assets, Net 38,913 38,815 98 0.3% Property, Plant and Equipment, Net 268,645 263,114 5,532 2.1% Investment Property 50,004 48,705 1,300 2.7% Deferred Tax Assets 59,579 55,062 4,518 8.2% Total Non-Current Assets 706,663 694,251 12,412 1.8% Total Non Banking Operations Assets 1,256,709 1,308,152-51,444-3.9% LIABILITIES mar/2013 dic/2012 Var $M Var % Current Liabilities Other Financial Liabilities, Current 145,165 59,746 85,418 143.0% Trade and Other Payables Net, Current 181,776 253,932-72,155-28.4% Notes and accounts payables to related parties, Current 16,005 12,821 3,184 24.8% Other Provisions, Current 1,903 1,509 395 26.2% Deferred Tax Liabilities 842 3,691-2,848-77.2% Employees benefits provisions, Current 8,213 9,511-1,298-13.7% Other Non-Financial Liabilities, Current 5,170 5,644-474 -8.4% Total Current Liabilities 359,074 346,853 12,221 3.5% Non-Current Liabilities Other Financial Liabilities, Non-Current 210,756 283,977-73,221-25.8% Payable accounts 4,033 4,334-301 -7.0% Notes and accounts payables to related parties, Non- Current 0 1,487-1,487 Deferred Tax Liabilities 14,109 14,271-162 -1.1% Employees benefits provisions, Non-Current 5,789 5,607 182 3.2% Total Non-Current Liabilities 234,686 309,675-74,989-24.2% Total Non Banking Operations Liabilities 593,761 656,529-62,768-9.6% www.ripley.cl Page 14 of 17

BANKING OPERATIONS mar/2013 dic/2012 Var M$ Var % ASSETS Cash and Bank Deposits 38,491 39,714-1,223-3.1% Funds to be cleared 323 1,112-790 -71.0% Financial assets held for trading 30,652 37,514-6,862-18.3% Investment collateral under agreements to repurchase 0 2,062-2,062 N/A Interbank Loans 2,476 3,984-1,508-37.8% Loans, net of reserves for loan losses 360,485 382,904-22,420-5.9% Available-for-sale financial assets 9,917 1,552 8,364 538.8% Investments in other companies 15 15 0 0.0% Intangible assets 15,028 14,922 106 0.7% Fixed assets 5,198 5,775-577 -10.0% Current tax assets 1,209 497 712 143.3% Deferred tax assets 4,636 4,935-298 -6.0% Other assets 7,750 7,090 660 9.3% Total Assets 476,179 502,077-25,897-5.2% TOTAL BANKING ASSETS 1,732,888 1,810,229-77,341-4.3% LIABILITIES mar/2013 dic/2012 Var M$ Var % Demand deposits 4,379 4,527-147 -3.3% Agreements of financial derivatives 77 49 29 Time deposits and savings accounts 281,860 271,406 10,454 3.9% Investments sold under repurchase agreements 0 2,040-2,040 Deposits from credit institutions 21,324 40,265-18,941-47.0% Marketable debt securitites 49,370 50,914-1,544-3.0% Other obligations 5,047 5,007 40 0.8% Current tax liabilities 979 650 329 50.6% Deferred tax liability 390 313 77 24.6% Provisions 3,145 4,430-1,284-29.0% Other Liabilities 17,673 17,752-79 -0.4% TOTAL BANKING LIABILITIES 384,245 397,352-13,107-3.3% TOTAL LIABILITIES 978,006 1,053,882-75,876-7.2% RIPLEY CORP EQUITY mar/2013 dic/2012 Var M$ Var % Issued Capital 203,873 203,873 0 0.0% Accumulated Profit (Loss) 398,037 393,877 4,161 1.1% Issued Premium 162,504 162,504 0 0.0% Other Reserves -10,033-4,406-5,627 127.7% Equity Attributable to Equity Holders of Parent 754,381 755,847-1,466-0.2% Minority Interest 501 500 1 0.1% Total Equity 754,882 756,348-1,466-0.2% Total Equity and Liabilities 1,732,888 1,810,229-77,341-4.3% BANKING OPERATIONS mar/2013 dic/2012 Var M$ Var % www.ripley.cl Page 15 of 17

B. Income Statement of Ripley Corp NON BANKING OPERATIONS (CLP millions) mar/2013 mar/2012 Var $M Var % Revenues 259,603 248,253 11,350 4.6% Cost of Sales -169,690-169,213-476 0.3% Gross Margin 89,913 79,040 10,873 13.8% Distribution Costs -1,163-1,371 207-15.1% Administrative Expenses -85,148-76,018-9,130 12.0% Other Operating Income (Expenses) 241-365 606 Financial Income 916 858 58 6.7% Financial Costs -5,335-5,186-150 2.9% Other subsidaries income (expenses) 2,599 1,855 743 40.1% Exchange differentials -290 668-958 Inflation-index monetary units -410-337 -73 21.6% Income before taxes 1,323-855 2,177 Income taxes 1,108 1,477-369 -25.0% Net Income 2,431 622 1,809 290.7% BANKING OPERATIONS mar/2013 mar/2012 Var $M Var% Interest revenue 27,376 26,829 546 2.0% Interest expense -4,762-5,347 585-10.9% Net interest income 22,613 21,482 1,131 5.3% Fee income 6,487 7,436-949 -12.8% Fee expense -609-471 -138 29.2% Net fee income 5,878 6,964-1,086-15.6% Net gains from mark-to-market and trading 350 441-91 -20.6% Exchange differences, net 92 88 4 5.1% Other operating income 27 146-120 -81.7% Total operating income 28,960 29,122-161 -0.6% Provision expense -6,824-5,648-1,176 20.8% NET OPERATING REVENUE 22,137 23,474-1,337-5.7% Personnel expenses -7,101-6,725-376 5.6% Administrative expenses -9,284-9,468 184-1.9% Depreciation and amortization -672-747 76-10.1% Other operating expenses -139-69 -71 103.2% TOTAL OPERATING EXPENSES -17,196-17,009-187 1.1% OPERATING INCOME 4,941 6,465-1,524-23.6% Net income before taxes 4,941 6,465-1,524-23.6% Income tax -1,407-1,499 91-6.1% Net Income 3,534 4,966-1,432-28.8% Net Profit Atributable to: N/A Net Profit Attributable to Equity Holders of Parent 5,964 5,589 375 6.7% Net Profit Attributable to Non-Controlling interest 1-1 1 RIPLEY CORP NET INCOME 5,964 5,588 376 6.7% www.ripley.cl Page 16 of 17

Investor Relations John Paul Fischer M. Telephone: (56 2) 2694-1404 E-mail: ir@ripley.cl Website: www.ripley.cl Click on inversionistas at the bottom of the page. The information in this report was drawn up on the basis of the financial statements reported to Chile s Superintendence of Securities and Insurance (SVS). Ripley Corp S,A, assumes no liability for damage, harm and/or loss that may arise from the interpretation of this release or the evolution of markets, in particular the stock exchange. www.ripley.cl Page 17 of 17