Empresa de Energía de Bogotá (EEB) is a regional leader in the energy sector with over 100 years of experience. EEB has operations in Colombia, Peru, and Guatemala involving electricity and natural gas transmission, distribution, and related services. EEB adheres to high standards of corporate governance and has access to capital markets to fund its growth projects. EEB aims to expand its operations in countries with strong energy sector growth potential through investments in natural monopolies and controlled subsidiaries.

1. Empresa de Energía de Bogotá - EEB
A Regional Leader in the Energy Sector

2. Disclaimer
The information provided herein is for informational and illustrative purposes
only and is not, and does not seek to be, a source of legal or financial advice
on any subject. This information does not constitute an offer of any sort and is
subject to change without notice.
EEB expressly disclaims any responsibility for actions taken or not taken based
on this information. EEB does not accept any responsibility for losses that
might result from the execution of the proposals or recommendations
presented. EEB is not responsible for any content that may originate with third
parties. EEB may have provided, or might provide in the future, information that
is inconsistent with the information herein presented.

3. Overview of Grupo Energía de Bogotá
Key facts
 More than 100 years’ experience in the sector; founded in 1896.
 Regional leader in the energy sector; major player in the entire electricity and natural gas value chains
(except E&P); operations in Colombia, Peru, and Guatemala.
 Largest stockholder is the District of Bogota - 76.2%.
 Stock listed on the Colombian Securities Exchange (BVC); EEB adheres to global standards of corporate
governance.
 The EEB Group is one of the largest issuers of equity and debt in Colombia.
Electricity
Generation
51.5% *
Natural Gas
Transmission
Distribution
51.5% *
2.5%
51%
98.4%
100%
Transportation
82%
100%
Distribution
25%
75%
68.1%
15.6%
40%
60%
16.2%
40%
40%
1.8%
25%
*EEB is not the controlling shareholder and is a party to signed shareholder agreements.
100%

4. Strategy
Transportation and distribution of energy with involvement in other areas in the
energy sector.
Guatemala
Experienced
management
and partners
Focus on
natural
monopolies
Colombia
Perú
Ample access
to capital
markets
Current Markets
Potential Markets

Operations in countries with strong growth potential
– Colombia: regional leader in electricty and natural gas and a center for
energy exports
– Perú: regional leader in mining and energy-intensive industries
– Guatemala: a window for future investments in Central America

Exploration of opportunities in America
Sound
regulatory
framework
Growth in
controlled
subsidiaries
Ambitious
projects in
execution

5. Leaders in every market
# 1 Colombia
Electricity distribution
Market share (%)
(Kwh)
Market share (%)
(Km of lines)
# 2 Colombia
Electricity transmission
59.0%
Gas transportation
# 1 Colombia
# 2 Colombia
20.9%
# 1 Peru
Electricity transmission
Market share (%)
(Km of 220-138 kV lines )
# 1 Colombia
Market share (%)
85.0%
(Average volume transported)
8.0%
Electricity generation
Market share (%)
(Generation)
Market share (%)
(No. clients)
26.6%
Electricity transmission
Gas distribution
Gas distribution
Market share (%)
(No. clients)
57.6%
# 1 Perú
100.0%
# 1 Guatemala
Project ongoing
(850 Km L/T and 24 S/E)
5

6. Focus on natural monopolies

7. Strong Presence in Relevant Countries
Natural Gas
Natural Gas Reserves - Perú - Tcf
Natural Gas Reserves - Colombia - Tcf
26,0
23,1
21,5
21,5
2011
2012*
8,5
7,1
2009
6,6
2010
2011
7,1
2012
2009
2010
Natural Gas Demand - Perú -MMCFD
Natural Gas Demand - Colombia - MMCFD
950
994
894
884
484
843
831
528
417
333
2009
2010
*Reservations to 3T12
Source: ANH, MEM, UPME
2011
2012
2015E
2009
2010
2011
2012
2015E

8. Strong Presence in Relevant Countries
Electricity
Electricity Demand - Colombia - GWh
66,044
54,679
56,148
57,157
59,367
2009
2010
2011
2012
Electricity Demand - Perú - GWh
2015E
Electricity Demand - Guatemala - GWh
52,312
32,314
36,779
10,816
40,940
8,013
27,003
2009
2010
2011
Source: ANH, MEM, UPME
2012
2015E
8,276
8,513
8,557
2009
2010
2011
2012
2015E

9. Stable and Growing income*
Electricity Transmission - USD mm
Natural Gas Distribution - USD mm
GAS NATURAL
CÁLIDDA
REP
TOTAL
CTM
EEB Transmisión
TOTAL
1,076.2
871.6
207.3
799.3
136.2
605.9
2009
2010
2011
191.7
495.7
422.4
2008
2009
2010
2011
2012
3Q 2013
2008
CODENSA
DECSA
1,584.2
EMSA
1,730.3
TGI
TOTAL
1,807.4
PROMIGAS
3Q 2013
TOTAL
536.4
2,092.1
365.2
1,473.3
1,317.7
2012
Natural Gas Transportation - USD mm
Electricity Distribution - USD mm
2008
152.4
162.1
181.5
401.9
439.1
450.2
279.6
2009
2010
2011
2012
3Q 2013
2008
2009
2010
2011
2012
3Q 2013
Predictability and stability in regulated revenues. 81% of revenues comes from regulated business.
* Total of Operating Revenues per company

10. Growth through controlled subsidiaries

11. Consolidated Financial Results – Evolution EBITDA
Consolidated Adjusted EBITDA and Normalized Dividends
(USD Millions)
871.5
818.5
705.0
Dividends
Operational EBITDA
586.4
55%
55%
515.6
471.3
56%
39%
416.4
45%
33%
44%
240.9
19%
67%
56%
81%
2006
2007
2008
55%
2009
61%
2010
Normalized Dividends: *2010 excludes
dividends declared based on an early close
of Gas Natural’s, Emgesa’s and Codensa’s
financial statements.
These figures are
included in 2011, when such dividends
would normally have been declared.**
Anticipated dividends declared by Codensa
on first half 2011, were included in 2012.
45%
2011*
Gas Natural
3.4%
Others
3.7%
45%
2012**
44%
Sep-13 LTM
EEB Transmission,
Trecsa & EEBIS
4.4%
Codensa
15.1%
TGI
40.4%
Consolidated Adjusted EBITDA
LTM Sep 2013
by subsidiary
Emgesa
22.3%
Cálidda & Contugás
6.2%
Decsa/EEC
4.4%

12. Ambitious projects under execution

13. Consolidating the Strategy
Natural Gas Transportation
• CAPEX : USD 369 mm
• Construction: Estación Sabana. (3Q 14)
• Planification: Cusiana/Apiay
(4Q 15)
Sist. Regionales (4Q 14)
Natural Gas Transportation and
Distribution
• CAPEX: USD 350 mm
• Under construction:3Q 13: 86%.
• Full operation 1Q 14
Electricity Transmission
• CAPEX : USD 308 mm
• Under Construction 3Q:
• Armenia – 67%
• Alferez – 95%
• Tesalia – 59%
• Chivor II Norte – 10%
• SVC Tunal – 4%
Natural Gas Distribution
• CAPEX: USD 500 mm
• By the end of 2016 it is
expected to have 455,000
customers connected.
Electricity Transmission
• CAPEX: USD 376 mm
• Start operation (partially) 2013
• Under construction:3Q 13: 59.6%.
• Delivered 2015
Engineering and Services
• CAPEX: USD 44 mm
• Sugarmills under construction
• 2014-15
CAPEX Approved 2013: USD 814.6 mm
Electricity Generation
• CAPEX USD 837 mm
• Quimbo. Under construction 3Q-13:
51.7%
• Capacity 400 MW
Electricity Transmission
• CAPEX: USD 606 mm
• Extensions and new
concessions; 2013- 2014
Electricity Distribution
• CAPEX: USD 77.9 mm
Executed until 3Q 13
• Under Operation 2013
Electricity Transmission
• CAPEX: USD 94.5 mm
• Extensions and new concessions;
2013 - 2014
Natural Gas Transportation
and Distribution
• CAPEX: USD 137 mm
• Under Construction 2014
CAPEX Approved 2013: USD 902 mm

14. Financial Plan
2013-2017 Funding Sources
2013 -2017 Funding Sources
Cash Generation
Financial debt
Third Parties (Contributions of Capital)
Other Non-financial sources
TOTAL
USD Millon
1,937.5
3,278.6
10.0
2,320
7,546.1
Other Nonfinancial
sources
31%
Cash
Generation
26%
Third Parties
(Contribution
s of Capital)
0%
Financial
debt
43%

15. Access to Capital Markets

16. Access to Capital Markets
GEB Transactions
USD Millions
EEB Bond
USD 610 MM
Re-IPO
USD 400 MM
Debt management
Debt management
operation TGI Bond 9.5%
operation EEB Bond 8.75%
to 5.7%
to 6.125%
USD 750 MM
TGI Bond
USD 750 MM
USD 610 MM
Cálidda Bond 4.375%
USD 320 MM
Re Opening EEB Bond
USD 139 MM
2007
2011
2012
Consolidated Debt Maturity Profile
USD Millions
2013
749
750
320
229
128
7
14
14
14
2013
2014
2015
2016
14
2017
2018
7
2019
2020
2021
2022
2023

17. Outstanding Share Performance
EEB Share Price Performance 2012 -2013
Dividend per Share – USD
 Ticker
EEB:CB
November 18, 2013 the EEB market capitalization was
USD 7,555 million.
 Trading volumen tripled after the Equity Offering Nov 2011.
 The stock is part of IGBC, COL20, COLCAP and COLEQTY
 On
0,043
0,016
0,018
0,020
0,018
0,023
1T 12
1T 13
 Average
Target Price: USD 0.89 COP 1,703
0,000
1T 08
1T 09
1T 10
4T 10
1T 11
* Values for years prior to the 2011 dividend were adjusted to split 100:1 which enforced the 20.06.11 stocks. Shares outstanding from Nov. 11: 9,181,177,017
* In 4Q 10 there was an advance cut of financial statements, reason why during 1Q 11 EEB decreed no dividends. 1Q 12 normalizes this effect

18. Financial Highlights

19. Consolidated Financial Results
Operating Revenues
(USD Millions)
Operating Profit
(USD Millions)
315.9
896.4
283.5
757.9
731.8
279.8
203.6
455.3
2009
487.2
140.2
2010
2011
2012
3Q 2013
2009
2010
2011
2012
3Q 2013
Consolidated EBITDA
(USD Millions)
Net Income
(USD Millions)
571.0
944.0
871.5
390.6
723.5
409.6
353.8
557.0
515.6
157.1
2009
2010
2011
2012
3Q 2013
2009
2010
2011
2012
3Q 2013 LTM

20. Investor Relations
For more information about Grupo Energía de Bogotá contact our Investor Relations team:
Antonio Angarita
Investor Relations Officer GEB
+57 (1) 3268000 - ext 1546
aangarita@eeb.com.co
Rafael Andres Salamanca
Investor Relations Advisor GEB
+57 (1) 3268000 – ext 1675
rsalamanca@eeb.com.co
Fabian Sánchez Aldana
Investor Relations Advisor GEB
+57 (1) 3268000 – ext 1897
fsanchez@eeb.com.co
http://www.eeb.com.co
http://www.grupoenergiadebogota.com/en/investors
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