Zeltia SA Plans Merger By Incorporation With Its Wholly Owned Subsidiary And Bonus Shares Issuance

Zeltia SA announced that is planning a merger by incorporation with its wholly owned subsidiary, Sociedad Proteccion De Maderas SA. The merger proposal will be submitted to the shareholder for the approval at the Ordinary and Extraordinary Shareholders Meeting to be celebrated on June 12, 2012. During the meeting the Company will also propose a plan of bonus shares issuance for the fiscal year 2013, at the maximum amount of 350,000 shares of Zeltia for employees who meet certain conditions.