Grupo Aval Acciones Y Valores S.A. announced that the Board of Directors of the company, pursuant to Article 28 of its by-laws, appointed Mr. Fabio Castellanos Ord ez as member of the Audit Committee. As a result, the company's Audit Committee will be composed of three members: Ms. Esther Am rica Paz Montoya, Mr. Germ n Michelsen Cu llar and Mr. Fabio Castellanos Ord ez.