INFORMATION OF INTEREST

Our subsidiary Sudamericana Agencias Aéreas y Marítimas S.A. (SAAM) has entered into conversations with the Dutch Company Boskalis, aiming to explore prospective synergies on the operation of its subsidiary SMIT with SAAM in the business of towage within the American Continent. Although at this stage there is no commitment for the said Companies to enter into a deal to combine their operations, and whatever is agreed will be subject to the ratification of the respective Boards of Directors, there is a setup of a basic framework and a schedule for those negotiations to take place.
This information is disclosed to the public as it is in the interest of the business of our
Company and its subsidiary SAAM.
Santiago, November 10th, 2011.

COMPAÑÍA SUD AMERICANA DE VAPORES S.A.

VALPARAISO

Plaza Sotomayor 50

Teléfono: (56-32) 220 3000

Fax: (56-32) 220 3333

SANTIAGO

Hendaya 60, Piso 11, Las Condes

Teléfono: (56-2) 330 7000

Fax: (56-2) 330 7700

SudAmericana de Vapores www.csav.com