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Popular, Inc.
BPOP announced today that Michael T. Masin informed
the Board of Directors on December 22, 2011 of his decision to retire as a
director of the Corporation, effective December 31, 2011. Mr. Masin's decision
was based on his desire to devote greater time to other professional
responsibilities and was not related to a disagreement with the Corporation
over its operations, policies or practices.
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