SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of the

Securities Exchange Act of 1934

For the month of March 2011

CREDICORP LTD.

(Exact name of registrant as specified in its charter)

Clarendon House

Church Street

Hamilton HM 11 Bermuda

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.  

Form 20-F x  Form 40-F o

  Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.   

Yes o  No x

Lima, March 10, 2011

COMISIÓN NACIONAL SUPERVISORA

DE EMPRESAS Y VALORES

CONASEV

Att. Registro Público del Mercado de Valores

Re.: MATERIAL EVENT

Dear Sirs:

In accordance with article 28 of the Capital Markets Law, approved by Law DS N° 093-2002-EF, and CONASEV Resolution for Material Events, Reserved Information and Other Communications N° 107-2002-EF/94.10, as modified by CONASEV Resolution N° 009-2003-EF/94.10, Credicorp Ltd. complies with notifying you of the following Material Event.

Credicorp Ltd. has reached an agreement with The Carlyle Group, the most important private asset manager in the world, to create an investment fund that will invest in private companies from the different economic sectors in Peru. To start the fund will have capital for up to US$ 200 million from institutional investors and high-net-worth individuals.

Credicorp Ltd. and The Carlyle Group will hold the same participation in the business but Carlyle will have the active role in the management of investments and in the administration of the company.

The correspondent agreements will be subscribed shortly.

Sincerely,

/s/ Mario Ferrari

Stock Market Representative

Credicorp Ltd.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: March 10, 2011

CREDICORP LTD.
By:	/s/ Giuliana Cuzquen
	Giuliana Cuzquen
	Authorized Representative