Banorte's Second Quarter 2004 Earnings Conference Call.

MONTERREY, N.L. MEXICO -- GFNORTE (BMV:GFNORTEO), an attractive institution to follow, will hold its quarterly conference call to discuss second quarter results on Thursday, July 29, 2004, at 9:00 a.m. Eastern Time (8 a.m. Central Time).

This call is being webcast by CCBN and can be accessed at Banorte's web site at www.banorte.com.

The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.fulldisclosure.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

ABOUT GRUPO FINANCIERO BANORTE

Grupo Financiero Banorte (GFNorte) has been a success story in Mexico, attaining nationwide expansion coupled with one of the highest levels of profitability among its peer competitors. GFNorte is now the 4th largest financial group in Mexico with more than 1,000 branches and 15% market share in loans.