Financiera Independencia Calls for an Ordinary Shareholders' Meeting

MEXICO CITY, Sept. 3 /PRNewswire-FirstCall/ -- Financiera Independencia, S.A.B. de C.V., SOFOM, E.N.R. (BMV: FINDEP) ("Independencia" or the "Company") a leading Mexican microfinance lender of personal loans to lower income segment individuals and working capital loans through group lending microfinance, today has called for a General Ordinary Shareholders' Meeting to be held on September 20, 2010, and announced the agenda for the meeting.

The following is the complete text in English language of the call for the shareholders' meeting:

Pursuant to the provisions of Articles Twentieth and Twenty-First of the by-laws of Financiera Independencia, S.A.B. de C.V., SOFOM, E.N.R. (the "Company"), and Articles 181, 182 and 183 of the General Law of Commercial Companies (Ley General de Sociedades Mercantiles), the shareholders of the Company are hereby called to the General Ordinary Shareholders' Meeting (the "Meeting"), which will take place at 16:30 hours, on September 20, 2010, at the offices located at Prolongacion Paseo de la Reforma No. 600-301, Colonia Santa Fe Pena Blanca, Delegacion Alvaro Obregon, 01210, Mexico City, Mexico to discuss the items set forth in the following:

1. Presentation, discussion, and if such is the case, approval of a cash dividend, to be charged to the balance of the net tax profit account of the Company, in the amount of Ps.0.21 Mexican currency to be paid to each of the outstanding shares representing the paid-in capital stock of the Company, in three equal and quarterly installments of Ps.0.07 Mexican currency per share, on September 29, 2010, December 15, 2010, and March 15, 2011, and based on the Company's financial audited statements for the fiscal year ended December 31, 2009. Resolutions thereof.  
2. Appointment of Special Delegates who shall give effect and formalize the resolutions adopted by the Meeting.
3. Preparation, reading and, in if such the case, approval of the Minutes of the Meeting.

As of the date of publication of this Call, the documentation regarding each of the items of the Agenda is available for the shareholders, immediately and without any cost, at the offices of the Secretary of the Board of Directors of the Company, located at Boulevard Manuel Avila Camacho No. 24-PH, Col. Lomas de Chapultepec, 11000, in Mexico City, Federal District, telephone number +5255 55409600 from 10:00 until 14:00 hours, and from 16:30 until 18:00 hours, from Monday to Friday.

In order to attend the Meeting, the shareholders must present the corresponding Admission Pass, which shall be issued at the offices of the Secretary of the Board of Directors, no later than at 14:00 hours of September 9, 2010. In order to obtain the corresponding Admission Pass, the shareholders must be registered as such in the Shares Ledger of the Company, and deposit their share certificates with the Secretary of the Board of Directors or with any other national or foreign credit institution, or with the S.D. Indeval Institucion para el Deposito de Valores, S.A. de C.V.

If the deposit is made with any credit institution, such depositary institution will have to issue a deposit certificate and deliver a counterpart and a copy of such certificate to the interested party and to the Secretary of the Company, indicating the number of shares, name of the depositor and, if such the case, the name of the shareholders' attorney-in-fact, as well as a statement indicating that such certificate is non negotiable and non-transferable as well as the commitment to hold the deposited share certificates until the business day immediately following the date of the Meeting. With respect to share certificates deposited with S.D. Indeval Institucion para el Deposito de Valores, S.A. de C.V., the depository shall present along with the evidence of deposit which shall indicate if such deposit is made on the depository's own account or for the benefit of third parties, a list containing the name, domicile, nationality and number of shares of each shareholder pursuant to Article 290 of the Securities Market Law (Ley del Mercado de Valores). The deposit of the share certificates, or if such the case, the delivery of the evidences of deposit thereof, as well as the distribution of the power of attorney's forms for the shareholders' representatives shall be made at the offices of the Secretary of the Board of Directors of the Company from 10:00 to 14:00 hours and from 16:30 to 18:00 hours from Monday to Friday starting as of the date of publication of this Call and until 14:00 hours of September 17, 2010.

Shareholders may be represented at the Meeting by the person or persons appointed thereby by means of a proxy letter signed in the presence of two witnesses or by attorneys-in-fact having general or limited powers of attorney granted as provided for in the applicable law, or through the forms prepared by the Company, which are available at the offices of the Secretary of the Board of Directors of the company within the term set forth by Article 173 of the General Law of Commercial Companies, at the dates and hours set forth above.

About Financiera Independencia:

Financiera Independencia, S.A.B. de C.V., SOFOM, E.N.R. (Independencia), is a Mexican microfinance lender of personal loans to individuals and working capital loans through group lending microfinance. Independencia provides microcredit loans on an unsecured basis to individuals in the low-income segments in Mexico in urban areas of both the formal and informal economy. As of June 30, 2010, Independencia had a total outstanding loan balance of Ps.5,386.7 million, operated 369 offices in Mexico and Brazil and had a total labor force of 11,133 people. The Company listed on the Mexican Stock Exchange on November 1, 2007, where it trades under the symbol "FINDEP". On November 30, 2009 Independencia launched a sponsored Level I American Depositary Receipt (ADR) program in the United States. Each ADR represents 15 shares of Independencia common stock and trades over-the-counter (OTC). More information can be found at www.independencia.com.mx

SOURCE Financiera Independencia, S.A.B. de C.V., SOFOM, E.N.R.