BIDS & PRIVATIZATIONS.

                           BIDS & PRIVATIZATIONS
 For updated and expanded listings, visit our web site at www.latintrade.com

SECTOR   PROJECT                        DESCRIPTION
AIRPORTS
Ecuador  Airport concessions            Construction, operation and
                                        management of the airports
                                        in Quito and Guayaquil.
Panama   Tocumen International          30 year operating concession
         Airport                        of the airport.
Peru     Jorge Chavez International     30-35 year operating concession
         Airport                        for the airport in Lima.
BANKING
Brazil   Privatization of Banestado     The state bank of Parana
                                        is for sale.
Brazil   Privatization of BEMAT         The state bank of Mato Grosso
                                        is for sale.
CEMENT
Bolivia  Privatization of FANCESA       33.34% stake will be sold.

ENERGY
Brazil   Privatization of CEAL          The distribution company of
                                        Alagoas is for sale.
Brazil   Privatization of CELPE         The distribution company of
                                        Pernambuco is for sale.
Brazil   Privatization of CEMAR         The distribution company of
                                        Maranhao is for sale.
Brazil   Privatization of CEPISA        The distribution company of
                                        Piaui is for sale.
Brazil   Privatization of CERON         The distribution company of
                                        Rondonia is for sale.
Brazil   Privatization of COPEL         The distribution company
                                        Parana is for sale.
Brazil   Privatization of ELETRO-       The distribution company of
         ACRE                           Acre is for sale.
Brazil   Privatization of ELETRO-       The company will be divided
         NORTE                          into two companies. 40% of
                                        the generationcompany will
                                        be sold.
Ecuador  Privatization of INECEL        The company will be split into
                                        six generation companies and a
                                        transmission company.
                                        39% of the shares in each
                                        company mill be sold.
Ecuador  Privatization of hydroelectric Operation and maintenance of
         plants                         Hidroagoyan and Hidropucara.


SECTOR   DEADLINE INSTITUTION               CONTACT         PHONE
AIRPORTS
Ecuador  IVQ99    CONAM                     Olga Quinones   [593](2)509.432


Panama   10/28/99 ProPrivat                 Director of     [507]225.0630
                                            Privatizations
Peru     10/07/99 Airports Committee        Dante Matellini [51](1)575.0912

BANKING
Brazil   Pending  BNDES                     Director of     [55](21)277.7059
                                            Privatizations
Brazil   Pending  BNDES                     Director of     [55](21)277.7059
                                            Privatizations
CEMENT
Bolivia  09/06/99 Ministry of Foreign Trade Unidad de       [59](1)375.129
                  and Investment            Beordenamiento
ENERGY
Brazil   10/99    BNDES                     Evandro Coura   [55](21)277.7748

Brazil   10/99    BNDES                     Evandro Coura   [55](21)277.7748

Brazil   12/99    BNDES                     Evandro Coura   [55](21)277.7748

Brazil   12/99    BNDES                     Evandro Coura   [55](21)277.7748

Brazil   04/00    BNDES                     Director of     [55](21)277.7059
                                            Privatizations
Brazil   04/00    BNDES                     Director of     [55](21)277.7059
                                            Privatizations
Brazil   04/00    BNDES                     Director of     [55](21)277.7059
                                            Privatizations
Brazil   IVQ99    BNDES                     Evandro Coura   [55](21)277.7748



Ecuador  Pending  CONELEC                   Alfredo Menu    [593](2)435.617




Ecuador  Pending  CONELEC                   Alfredo Mena    [593](2)435.617



SECTOR   FAX
AIRPORTS
Ecuador  [593](2)509.432


Panama   [507]227.4620

Peru     [51](1)575.1068

BANKING
Brazil   [55](21)533.1538

Brazil   [55](21)533.1538

CEMENT
Bolivia  [59](1)350.526

ENERGY
Brazil   [55](21)240.3554

Brazil   [55](21)240.3554

Brazil   [55](21)240.3554

Brazil   [55](21)240.3554

Brazil   [55](21)533.1538

Brazil   [55](21)533.1538

Brazil   [55](21)533.1538

Brazil   [55](21)240.3554



Ecuador  [593](2)268.737




Ecuador  [593](2)268.737
Ecuador     Oil field                      20 year concession for La Libertad
                                           refinery.
Nicaragua   Privatization of ENEL          The process for privatization has
                                           not been disclosed yet. Bids to
                                           start by the end of 1999.
Peru        Camisea gas field              40 year concession for the
                                           transportation
                                           and distribution of gas and the
                                           rights to exploit its reserves.
Venezuela   Privatization of Monagas       70% stake of the electric system
            and Delta Amacuro              will be sold.
            (Semda)
Venezuela   Privatization of Enelven-      60% stake will be sold.
            Enelco
RAIL SYSTEM
Ecuador     Railroad concession            30 year concession for cargo and
                                           passenger tranportation of
                                           Quito-Duran railroad line.
ROADS
Chile       Talcahuano- Penco highway      Construction of 11 Km.of
                                           highway between the ports
                                           of Talcahuano and San Vicente.
Colombia    Malla vial del Caribe          Construction of 54 Km. of new
                                           highway, repair and maintenance of
                                           321 Km. of existing roads.
Colombia    Briceno- Sogamoso project      Construction of 163 Km. of
                                           new highway, two tunnels and
                                           the reparation of 182 Km. of
                                           existing roads.
Dominican   Road concessions               Construction of Santo Domingo/
Republic                                   El Ricon highway.
TELECOM
Colombia    Privatization of Empresa       51% stake will be sold.
            de Telecomunicaciones
            de Santa Fe de Bogota (ETB)
Ecuador     Privatization of Andinatel and 51% of each company is for sale.
            Pacifictel
Honduras    Capitalization of Hondutel     51% of the new created company
                                           (COHDETEL) will be sold.
WATER
Brazil      Privatization of Sanepar       The water supply and sanitation
                                           company of the state of Parana
                                           will be sold.


Ecuador     01/00    Petroecuador             Jorge Pareja

Nicaragua   Pending  URE                      Salvador Quintanilla


Peru        9/29/99  Ministry of of           Jorge Chamot
                     Energy and Mines

            11/18/99
Venezuela   Pending  Venezuelan Investment    Antonio Giner
                     Fund

Venezuela   Pending  Venezuelan Investment    Antonio Giner
                     Fund
RAIL SYSTEM
Ecuador     Pending  CONAM                    Pablo de la Torre


ROADS
Chile       IIIQ99   Ministry of              Carlos Cruz
                     Public Works

Colombia    IVQ99    INVIAS                   Javier Toro


Colombia    IQ00     INVIAS                   Javier Toro



Dominican   10/26/99 Ministry of Public Works Diandino Pena
Republic             and Communications
TELECOM
Colombia    Pending  ETB                      Sergio Regueros


Ecuador     Pending  CONAM                    Alvaro Guerrero

Honduras    Pending  Capitalization Commitee  David Rivera

WATER
Brazil      Pending  BNDES                    Director of
                                              Privatizations



Ecuador     [593](2)563.060  [593](2)569.738

Nicaragua   [505]883.2552    N/A


Peru        [511]475.0065    [511]475.0689



Venezuela   [58](2)505.8526  [58](2)505.8521


Venezuela   [58](2)505.8526  [58](2)505.8521

RAIL SYSTEM
Ecuador     [593](2)568.088  [593](2)568.091


ROADS
Chile       [56](2)361.3602  [56](2)361.3798


Colombia    [57](1)222.3816  [57](1)222.3737


Colombia    [57](1)222.3816  [57](1)222.3737



Dominican   [809]547.1580    [809]567.5470
Republic
TELECOM
Colombia    [57](1)286.0077  [57](1)269.4077


Ecuador     [593](2)509.432  [593](2)509.432

Honduras    [504]221.0548    [504]221.0548

WATER
Brazil      [55](21)277.7059 [55](21)533.1538




NOTE: Dates and requirements subject to change. LATIN TRADE accepts no
responsibility for any changes. Further information can be obtained only by
contacting the relevant parties.