SANTIAGO, CHILE -- (MARKET WIRE) -- April 4, 2007 -- Corpbanca (NYSE: BCA), a Chilean financial institution offering a wide variety of corporate and retail financial products and services across all segments of the Chilean financial market, recently announced the resignation of René Cortazar Sanz from the company's board of directors.

Arturo Valenzuela has been elected to replace Mr. Cortazar on the company's board of Directors.

Contact Information: Contact: Company: Pablo Mejia R. Investor Relations Tel. (56 - 2) 660-2342 Santiago, Chile E-mail : pablo.mejia@corpbanca.cl Capital Link: Nicolas Bornozis President Tel: 212-661-7566 New York, USA E-mail: nbornozis@capitallink.com