SANTIAGO, CHILE--(Marketwire - October 3, 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 company's new corporate image designed by the distinguished designer Massimo Vignelli.

The new design is part of CorpGroup's (CorpBanca's holding company) desire to strengthen the group's brand name awareness. CorpGroup's subsidiaries include CorpBanca, CorpVida (previously known as VidaCorp) and CorpArtes Foundation.

A new marketing campaign was also launched in conjunction with the new corporate image. An important aspect of this campaign is the use of the prominent international Chilean model, Carolina Parsons. Ms. Parsons represents the principal attributes of CorpBanca's clients and its potential.

"CorpBanca clients are the same as Carolina; they are people that know how to select their products, they have clear life goals, and have a huge potential for growth," said Mario Chamorro, Chief Executive Officer of CorpBanca.

Mario Chamorro also indicated that the Bank will firmly continue to follow its goal of being the best Bank in the market with competitive and innovative products that fulfill the principal financing needs of Chileans. Furthermore, Mr. Chamorro pointed out that due to this strategy, the Bank has grown quicker than the industry average in a range of products including consumer loans, credit cards and mortgages.

FORWARD-LOOKING STATEMENTS:

This press release may contain forward-looking statements that involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of CORPBANCA to be materially different from the results, performance or achievements expressed or implied by these forward looking statements.

Contact Information: CORPBANCA Contact: Pablo Mejia Ricci Head of Investor Relations Santiago, Chile Tel: (56 - 2) 660-2342 investorrelations@corpbanca.cl Capital Link Contact: Nicolas Bornozis President New York, USA Tel: (212) 661-7566 nbornozis@capitallink.com