MEDELLIN, Colombia, Oct. 22 /PRNewswire-FirstCall/ -- Cementos Argos S.A. (OTC:CMTOY) (BULLETIN BOARD: CMTOY) has been authorized by the U.S. Securities and Exchange Commission (SEC) to offer its shares on the "over the counter" (OTC) market as part of a Level 1 ADR program. Pursuant to this program, 5 ordinary shares in Cementos Argos are worth 1 American Depositary Receipt, or ADR. Argos' ADRs shall be traded under the symbol CMTOY. In connection with this Level 1 ADR program, Cementos Argos signed a securities deposit agreement with the Bank of New York Mellon, which shall act as depository bank. Fiduciaria Bancolombia shall act as the local custodian bank for all those ordinary shares in Cementos Argos that are represented by these ADRs. This Level 1 ADR program allows for shares in Cementos Argos to be traded on the "over the counter" market and not on stock exchanges such as the NYSE, AMEX or NASDAQ. This Level 1 ADR program is a further step in Cementos Argos� strategy to gain greater international scale, thereby increasing its visibility on the international markets and possibly extending its investor base. CEMENTOS ARGOS Argos is the fifth-largest cement producer in Latin America, the sixth ready mix player in the U.S. market and the leader of the cement industry in Colombia. Its core businesses are cement, concrete and aggregates. The company's products reach more than 31 countries in the Americas. DATASOURCE: Cementos Argos S.A. CONTACT: Maria Clara Aristizabal, Cementos Argos, +011-574-319-8712,

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