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<DIV><FONT face=Arial color=#ff0000 size=4>PARA RECORDAR</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT><BR> </DIV>
<DIV><FONT face=Arial size=2>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center"
align=center><B><SPAN lang=ES
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'">CIRCULAR No.
005-FCPC-2016</SPAN></B><SPAN lang=ES
style="FONT-SIZE: 11pt; COLOR: black; FONT-FAMILY: 'Arial','sans-serif'; mso-fareast-font-family: 'Arial Unicode MS'"><o:p></o:p></SPAN></P>
<H1 style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 35.4pt"><SPAN lang=ES
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'"><o:p> </o:p></SPAN></H1>
<H1 style="MARGIN: 0cm 0cm 0pt"><SPAN lang=ES
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'">PARA:<SPAN
style="mso-tab-count: 2">
</SPAN></SPAN><SPAN lang=ES
style="FONT-WEIGHT: normal; FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'; mso-bidi-font-weight: bold">Socios
Partícipes del FCPC</SPAN><SPAN lang=ES
style="FONT-WEIGHT: normal; FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'">
en Ecuador y Exterior</SPAN><SPAN lang=ES
style="FONT-WEIGHT: normal; FONT-SIZE: 11pt; COLOR: black; FONT-FAMILY: 'Arial','sans-serif'; mso-bidi-font-weight: bold"><o:p></o:p></SPAN></H1>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=ES
style="FONT-SIZE: 11pt; COLOR: black; FONT-FAMILY: 'Arial','sans-serif'; mso-bidi-font-weight: bold"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><B><SPAN lang=ES
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'">DE: <SPAN
style="mso-tab-count: 2">
</SPAN></SPAN></B><SPAN lang=ES
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'; mso-bidi-font-weight: bold">Rafael
Veintimilla Ch., Presidente del Consejo de Administración del FCPC</SPAN><SPAN
lang=ES
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'"><o:p></o:p></SPAN></P>
<P class=MsoNormal
style="MARGIN: 0cm 0cm 0pt 35.4pt; TEXT-INDENT: 35.4pt"><B><SPAN lang=ES
style="FONT-SIZE: 11pt; COLOR: black; FONT-FAMILY: 'Arial','sans-serif'"><o:p> </o:p></SPAN></B></P>
<H1 style="MARGIN: 0cm 0cm 0pt"><SPAN lang=ES
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'">FECHA: </SPAN><SPAN
lang=ES
style="FONT-WEIGHT: normal; FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'; mso-bidi-font-weight: bold"><SPAN
style="mso-tab-count: 1"> </SPAN>22 de
noviembre de </SPAN><SPAN lang=ES
style="FONT-WEIGHT: normal; FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'">2016</SPAN><SPAN
lang=ES
style="FONT-SIZE: 11pt; COLOR: black; FONT-FAMILY: 'Arial','sans-serif'"><o:p></o:p></SPAN></H1>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><B><SPAN lang=ES
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'"><o:p> </o:p></SPAN></B></P>
<H1 style="MARGIN: 0cm 0cm 0pt"><SPAN lang=ES
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'">ASUNTO: <SPAN
style="mso-tab-count: 1"> </SPAN></SPAN><SPAN lang=ES
style="FONT-WEIGHT: normal; FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'; mso-bidi-font-weight: bold">Se
remite tríptico para Consulta sobre Beneficio Definido </SPAN><SPAN lang=ES
style="FONT-SIZE: 14pt; COLOR: red; FONT-FAMILY: 'Arial','sans-serif'">(FAVOR<o:p></o:p></SPAN></H1>
<H1 style="MARGIN: 0cm 0cm 0pt"><SPAN lang=ES
style="FONT-SIZE: 14pt; COLOR: red; FONT-FAMILY: 'Arial','sans-serif'"><SPAN
style="mso-spacerun: yes">
</SPAN><SPAN style="mso-spacerun: yes"> </SPAN>ABRIR <SPAN
style="mso-spacerun: yes"> </SPAN>ANEXO)</SPAN><SPAN lang=ES
style="FONT-SIZE: 14pt; COLOR: red; FONT-FAMILY: 'Arial','sans-serif'; mso-bidi-font-weight: normal"><o:p></o:p></SPAN></H1>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'; mso-ansi-language: ES-EC"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'; mso-ansi-language: ES-EC"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm -7.15pt 0pt 0cm; TEXT-ALIGN: center"
align=center><SPAN lang=ES
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm -7.15pt 0pt 0cm; TEXT-ALIGN: center"
align=center><SPAN lang=ES
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'">Atentamente,<o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center"
align=center><SPAN
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'; mso-ansi-language: ES-EC"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center"
align=center><SPAN
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'; mso-ansi-language: ES-EC"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center"
align=center><SPAN
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'; mso-ansi-language: ES-EC"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center"
align=center><SPAN
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'; mso-ansi-language: ES-EC">Rafael
Veintimilla Chiriboga<o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center"
align=center><SPAN
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'; mso-ansi-language: ES-EC">Presidente
del Consejo de Administración <o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center"
align=center><SPAN
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'; mso-ansi-language: ES-EC">FCPC-CMA-AFESE</SPAN><SPAN
lang=ES
style="FONT-SIZE: 11pt; FONT-FAMILY: 'Arial','sans-serif'"><o:p></o:p></SPAN></P></FONT></DIV></BODY></HTML>