Alicorp to Join Good Corporate Governance Index of the Lima Stock Exchange for Eleventh Consecutive Year

Alicorp S.A.A. (“the Company” or “Alicorp”) (Lima Stock Exchange:
ALICORC1 and ALICORI1) a leading Peruvian consumer goods company,
announced today that the Lima Stock Exchange (“BVL”) has confirmed that
Alicorp will remain in the Good Corporate Governance Index (“IBGC”) for
the eleventh consecutive year.

On July 12, 2018, Alicorp was especially recognized by the BVL for its
track record and commitment to good corporate governance, thereby
including the Company within a select group of 10 companies that
comprise the Good Corporate Governance Index for the 2018 period (“2018

About Alicorp

Alicorp is a leading consumer goods company headquartered in Peru, with
operations in other Latin American countries, such as Argentina, Brazil,
Bolivia, Chile, Ecuador, and exports to 22 other countries. The Company
focuses on three core businesses: (1) Consumer Products (food, personal
and home care products), in Peru, Brazil, Argentina, Bolivia, Ecuador,
Colombia and other countries, (2) Industrial Food Products (industrial
flour, industrial lard, pre-mix and food service products), and (3)
Aquaculture (fish and shrimp feeding).

Forward-Looking Statements

Certain statements contained in this news release constitute
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements represent Alicorp’s expectations or beliefs concerning future
events, and it is possible that the results described in this press
release will not be achieved. These forward-looking statements are
subject to risks, uncertainties and other factors, many of which are
outside of Alicorp’s control that could cause actual results to differ
materially from the results discussed in the forward-looking statements.

Any forward-looking statement speaks only as of the date on which such
statement is made, and, except as required by law, Alicorp does not
undertake any obligation to update or revise any forward-looking
statement, whether as a result of new information, future events or
otherwise. New factors emerge from time to time and it is not possible
for management to predict all such factors.

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