Ecopetrol informs the resignation of a member of the Board of Directors

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (“Ecopetrol”) hereby reports that, in the meeting held on August 19, 2016, the Board of Directors of Ecopetrol acknowledged the resignation of Mr. Jorge Pinzon Sanchez, independent member of the Board of Directors. The resignation will become effective once the General Shareholder Assembly appoints the new members of the Board of Directors.

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