Shareholders' Meetings

Annual Shareholders’ Meeting

The Board of Directors agreed to summon an Annual Shareholders' Meeting to be held at 17:00 on April 22, 2010, at the Intercontinental Hotel located at Avenida Vitacura N°2885, Las Condes, Santiago.

The issues to be included at the Annual Shareholders' Meeting are the following:

a) approval of the Company's Annual Report, Financial Statements and External Auditors Report for the fiscal year ended December 31, 2009;

b) distribution of net income of 2009;

c) election of the Company’s Board of Directors;

d) determination of the Board of Directors' remuneration;

e) determination of the Audit Committee’s fees, pursuant to Article 50 bis of Law #18,046 (Chilean Corporation Law) and approval of the Committee’s expense budget for the year 2010;

f) report of the Board of Director’s expenses in 2009;

g) approval of the Director’s Committee report regarding activities and expenses for the fiscal year 2009;

h) designation of the Company’s External Auditors;

i) approval of the Company’s report regarding related party transactions, pursuant to Title XIV of Law #18,046 (Chilean Corporation Law); and

j) discussion of any other matter of interest within the scope of the Annual Shareholders' Meeting.

Extraordinary Shareholders Meeting.

The Board also agreed to call to an Extraordinary Shareholders’ Meeting to be held after the Annual Shareholders’ Meeting (at the same place), which will have to resolve these issues:

a) Reduce the share capital, due to initial adjustment related with the adoption IFRS accounting standards, according to Circular No. 1945, from the Superintendencia de Valores y Seguros (Chilean Securities and Insurance Superintendency) dated September 29, 2009, introducing to the Company’s bylaws all appropriate modifications; and

b) Take all other agreements as may be necessary or desirable to materialize, to carry out and complement the agreements adopted by the Shareholders’ Meeting related to the previous issues.

Participation in the Shareholders Meetings.

The shareholders listed in the registers 5 days before the celebration of both Meetings (i.e. April 16, 2010) will have the right to participate in them. exans of its Wire & Cable Business Unit.

File		Publish Date	Download
	Madeco's S.A. Act of Annual Shareholders' Meeting of April 2010 (Spanish only)	05-05-2010
	Madeco's S.A. Act of Extraordinary Shareholders' Meeting of April 2010 (Spanish only)	05-05-2010