CorpBanca Announces Second Quarter 2008 Results

CORPBANCA (NYSE: BCA), a Chilean financial institution offering a wide variety of corporate and retail financial products and services, today announced its financial results for the second quarter ended June 30, 2008. This report is based on unaudited consolidated financial statements prepared in accordance with Chilean generally accepted accounting principles. Figures are expressed in Chilean pesos as of June 30, 2008 and percentages are expressed in real terms. Certain comparative amounts have been reclassified to conform to the presentation adopted in the current period. Solely for the convenience of the reader, U.S. dollar amounts in this report have been translated from Chilean pesos at our June 30, 2008 exchange rate of Ch$524.41 per U.S. dollar.

CorpBanca Second Quarter 2008 Press Release:

(Please click on the link below)

http://www.capitallink.com/press/corpbanca080508.pdf

CorpBanca's Conference Call on the Second Quarter 2008 Results

Time:           9:30 am (Santiago, Chile)
                9:30 am EDT (US)
                2:30 pm (UK)

Call Numbers:   U.S.A. participants please dial         1866 819 7111
                Outside the US please dial           +44 1452 542 301
                UK participants please dial             0800 953 0329

Chairperson:    Mr. Mario Chamorro, Chief Executive Officer
You should dial in 10 minutes prior to the commencement of the call.

Alternative Back-Up numbers for the conference call: In case of any problem with the above numbers, participants should dial one of the following numbers and quote "CorpBanca":

           U.S.A. participants                     1866 223 0615
           Outside the US participants          +44 1452 586 513
           UK participants                         0800 694 1503

For your convenience, a 24 hour instant replay facility will be available, following the completion of the conference call, until Saturday, August 9th, 2008.

Slides and audio webcast:

There will also be a live -- and then archived -- webcast of the conference call with PowerPoint slides through the internet accessible through the website of Capital Link at www.capitallink.com . Please click on the button "SECOND QUARTER 2008 RESULTS WEBCAST." Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

To listen to the replay, please call:
Instant Replay Number   U.S.A.:     1866 247 4222    Access Code:  2339939#
Instant Replay Number   OTHER:   +44 1452 550 000    Access Code:  2339939#
Instant Replay Number   U.K.:       0800 953 1533    Access Code:  2339939#

About CorpBanca

CorpBanca (NYSE: BCA) (SENSE: CORPBANCA) is a Chilean financial institution offering a wide variety of corporate and retail financial products and services.

Contacts: CorpBanca: Pablo Mejia Ricci, CGA Head of Investor Relations Santiago, Chile Tel: (562) 660-2342 investorrelations@corpbanca.cl Capital Link: Nicolas Bornozis President New York, USA Tel: (212) 661-7566 nbornozis@capitallink.com