Privatizations.

SECTOR     PROJECT               DESCRIPTION                DEADLINE

AVIATION

CHILE      Region IX airport     Concession to build        Pending
                                 and operate

COLOMBIA   El Dorado             Concession to upgrade      IIIQ/2005
           International         and operate
           Airport

MEXICO     Grupo Mexicana de     Sale of Mexicana and a     Pending
           Aviacion              new budget airline to
                                 be created

MEXICO     Grupo Aerovias de     Sale of Aeromexico and     Pending
           Mexico                Aerolitoral airlines

BANKING

BRAZIL     Banco do Estado do    Sale of 99.08% of the      6/2005
           Ceara (BEC)           bank

COLOMBIA   Banco Granahorrar     Sale of the state bank     9/2005

ENERGY

BOLIVIA    Punutuma-Tarija       Concession to build and    7/2005
           transmission line     operate

BRAZIL     Transmission lines    Concessions to build       6/2005
                                 and operate 2,747 km of
                                 transmission lines

BRAZIL     Oil & gas projects    Concessions for            10/2005
           Round #7              exploration and
                                 production

COLOMBIA   Ecogas                Sale of 100% of the        IIIQ/2005
                                 company

JAMAICA    Oil & gas projects    24 exploration             7/15/2005
                                 concessions

PERU       Carhuaquero-Jaen      Concession to build and    IIIQ/2005
           transmission line     operate

PERU       Electrocentro,        Concession to operate      Pending
           Electronorte,         electricity distributors
           Electronoreste
           and Hidrandina

INFRASTRUCTURE

CHILE      South Zone rail       Concession for             6/8/2005
           network               rehabilitation and
                                 maintenance of the rail
                                 network

PERU       Road Network #1       Concession for             10/2005
                                 construction, operation
                                 and maintenance of 430
                                 km of roads

MINING

PERU       Michiquillay copper   Mining concession          IIIQ/2005
           project

PERU       San Antonio de Poto   Mining concession          IIIQ/2005
           gold project

PORTS

ECUADOR    Guayaquil             Concession to operate      12/2005
                                 and upgrade the port

PERU       Callao                Concession for             Pending
                                 construction, operation
                                 and maintenance of a
                                 new terminal for
                                 containers

WATER

CHILE      Illapel reservoir     Concession for             Pending
                                 construction

PERU       EPS Sedam Huancayo    Concession to operate      10/2005
                                 the Huancayo water and
                                 sewage company

SECTOR     PROJECT               INSTITUTION     CONTACT

AVIATION

CHILE      Region IX airport     MOP             David Guzman

COLOMBIA   El Dorado             DNP             Lyda Esquivel
           International
           Airport

MEXICO     Grupo Mexicana de     Cintra          Andres Comesa
           Aviacion

MEXICO     Grupo Aerovias de     Cintra          Andres Comesa
           Mexico

BANKING

BRAZIL     Banco do Estado do    BACEN           Antonio Matos do Vale
           Ceara (BEC)

COLOMBIA   Banco Granahorrar     Fogafin         Juan Ricardo Ortega

ENERGY

BOLIVIA    Punutuma-Tarija       SIE             Osvaldo Irusta
           transmission line

BRAZIL     Transmission lines    Aneel           Jerson Kelman

BRAZIL     Oil & gas projects    ANP             John Forman
           Round #7

COLOMBIA   Ecogas                Ministry of     Claudia Rios
                                 Finance and
                                 Public Credit

JAMAICA    Oil & gas projects    PCJ             Raymond Wright

PERU       Carhuaquero-Jaen      Ministry of     Glodomiro Sanchez
           transmission line     Energy and
                                 Mines

PERU       Electrocentro,        ProInversion    Luis Ortigas
           Electronorte,
           Electronoreste
           and Hidrandina

INFRASTRUCTURE

CHILE      South Zone rail       EFE             Vicente Pardo
           network

PERU       Road Network #1       ProInversion    Vicente Campodonico

MINING

PERU       Michiquillay copper   ProInversion    Jorge Merino
           project

PERU       San Antonio de Poto   ProInversion    Jorge Merino
           gold project

PORTS

ECUADOR    Guayaquil             APG             Jose Davila

PERU       Callao                ProInversion    Robert McDonald

WATER

CHILE      Illapel reservoir     MOP             Camilo Rojas

PERU       EPS Sedam Huancayo    ProInversion    Jesus Vidalon

SECTOR     PROJECT               PHONE               FAX

AVIATION

CHILE      Region IX airport     [56](2)361.2001     [56](2)698.5048

COLOMBIA   El Dorado             [57](1)596.0312     [57](1)599.9533
           International
           Airport

MEXICO     Grupo Mexicana de     [52](55)5448.8000   [52](55)5448.8000
           Aviacion

MEXICO     Grupo Aerovias de     [52](55)5448.8000   [52](55)5448.8000
           Mexico

BANKING

BRAZIL     Banco do Estado do    [55](61)414.1414    [55](61)414.1414
           Ceara (BEC)

COLOMBIA   Banco Granahorrar     [57](1)339.4240     [57](1)285.8587

ENERGY

BOLIVIA    Punutuma-Tarija       [591](2)231.2401    [591](2)231.2393
           transmission line

BRAZIL     Transmission lines    [55](61)426.5600    [55](61)426.5600

BRAZIL     Oil & gas projects    [55](21)3804.0200   [55](21)3804.0202
           Round #7

COLOMBIA   Ecogas                [57](1)381.2351     [57](1)350.9344

JAMAICA    Oil & gas projects    [876]929.5380       [876]929.3928

PERU       Carhuaquero-Jaen      [51](1)475.0065     [51](1)475.9460
           transmission line

PERU       Electrocentro,        [51](1)612.1200     [51](1)612.1200
           Electronorte,         Ext. 1341           Ext. 1420
           Electronoreste
           and Hidrandina

INFRASTRUCTURE

CHILE      South Zone rail       [56](2)376.8373     [56](2)776.2053
           network

PERU       Road Network #1       [51](1)612.1200     [51](1)421.2838
                                 Ext. 1291

MINING

PERU       Michiquillay copper   [51](1)476.9726     [51](1)475.2159
           project

PERU       San Antonio de Poto   [51](1)476.9726     [51](1)475.2159
           gold project

PORTS

ECUADOR    Guayaquil             [593](4)480.459     [593](4)481.130

PERU       Callao                [51](1)612.1200     [51](1)421.2616
                                 Ext. 1287

WATER

CHILE      Illapel reservoir     [56](2)258.3602     [56](2)361.2804

PERU       EPS Sedam Huancayo    [51](1)612.1200     [51](1)221.6224
                                 Ext. 1335

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