FOR IMMEDIATE RELEASE



                   CORP BANCA ANNOUNCES JANUARY 2007 EARNINGS


     Corpbanca's  net  income  corresponding  to the month of  January  2007 was
     Ch$1,010.3 million.

     This result is mainly due to the  decision  on January  12th by the Chilean
     Central  Bank to  decrease  interest  rates  and its  announcement  that it
     projects a lower than expected inflation during 2007.

     Consequently,  our net foreign exchange transactions and trading activities
     show a loss of Ch$1,957.7  million for the month of January 2007. A portion
     of this loss has been incurred as we closed the investment  positions which
     originated the loss, while the remaining portion of the loss is non-cash as
     the related investment positions remain open.

     Regarding  our core  business,  the bank is keeping  its pace on a positive
     trajectory.  Net interest  revenue  increased by 35%,  fees and income from
     services -net of prepayments- grew by 22% and income from subsidiaries grew
     by 56% when compared to January 2006.  Product sales were also a highlight,
     as credit cards and mortgage  loans  reached  historical  levels in January
     2007.


     Contact:

            Pablo Mejia R.
            Investor Relations
            Tel. (56 - 2) 660-2342
            pablo.mejia@corpbanca.cl

            Enrique Perez A.
            Chief Financial Officer
            Tel. (56 - 2) 660-2389
            enrique.perez@corpbanca.cl




www.corpbanca.cl         Rosario Norte 660, Santiago, Chile