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Cifra Changes Name to Wal-Mart de Mexico.

Business Editors

NEW YORK--(BUSINESS WIRE)--March 9, 2000

J.P. Morgan, as depositary bank, is pleased to announce the name change of Cifra, S.A. de C.V.'s over-the-counter American depositary receipts (ADRs) to Wal-Mart de Mexico, S.A. de C.V.


 ADR effective date: March 9, 2000

 Old Symbol: CFRVY

 New Symbol: WMMVY

 Traded on: OTC

 Ratio: 1 ADS: 10 Series V shares

 Old CUSIP: 171785 40 5

 New CUSIP: 93114W 10 7

 Share class: Series V shares

 Par value: No par value

 Country of incorporation: Mexico

 Industry: Retail; general merchandise

 Depositary: Morgan Guaranty Trust Company
 of New York

 Custodian: Banco Nacional de Mexico,
 Mexico


As this is just a name change, no new ADRs will be distributed. Existing ADRs remain valid and do not need to be exchanged for new ones.

The world's largest ADR depositary and a global financial services firm, J.P. Morgan serves clients through an integrated range of advisory, financing, trading, investment management, and research capabilities. Visit www.adr.com, Morgan's central resource for timely worldwide market intelligence and investor information. For further information on Morgan, visit www.jpmorgan.com

An ADS, or American depositary share, is a U.S. dollar-denominated form of equity ownership in a non-U.S. company. It represents a specified number of foreign shares on deposit at a custodian bank in the issuer's home country and carries the corporate and economic rights of the underlying foreign shares. An ADR, or American depositary receipt, is a certificate evidencing ownership of a certain number of ADS shares. The term ADR is sometimes used to refer to ADS.

Neither this announcement nor the information contained herein constitutes an offer or solicitation by J.P. Morgan for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. Information herein is believed to be reliable but J.P. Morgan does not warrant its completeness or accuracy.
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Publication:Business Wire
Date:Mar 9, 2000
Words:327
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