Publication of separate Financial Statements to December 2015

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) retransmitted to the Superintendencia Financiera de Colombia its first Separate Financial Statements under IFRS up to December 31, 2015, compared to 2014, for the purpose of aligning the profits for 2014 in the Statement of changes in equity with those presented in the Statement of Profit and Loss.

This retransmission is done for purposes of presentation and does not modify the figures of the result for the years 2015 and 2014 initially reported to the Financial Superintendancy.

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