SANTIAGO, CHILE--(Marketwire - 01/29/10) - Banco de Chile (NYSE:BCH - News), a full service Chilean financial institution, today notified local Chilean regulatory authorities of the following material event:

The Board of Directors of Banco de Chile, during its session held on January 29, 2010, has decided to disclose to the general public as a material event its resolution to call an Ordinary Shareholders' Meeting to be held on March 25, 2010 with the objective of proposing, among other matters, the distribution of a dividend per Banco de Chile share of $3.496813