Privatizations.

PRIVATIZATIONS

SECTOR      PROJECT               DESCRIPTION               DEADLINE

AVIATION

CHILE       Region I airport      20-year concession to     08/2003
                                  upgrade and operate the
                                  airport

CHILE       Region IV airport     20-year concession to     Pending
                                  build and operate a new
                                  airport

CHILE       Region IX airport     Concession to build and   Pending
                                  operate a new airport

PERU        Chinchero             Concession to build and   Pending
            International         operate a new airport
            Airport               in Cuzco

PERU        Airports in           Operating concessions     Pending
            Chiclayo, Juliaca,
            Piura, Pucallpa
            and Tarapoto

URUGUAY     Carrasco              20-year concession to     06/25/2003
            International         upgrade and operate the
            Airport               airport in Montevideo

BANKING

BRAZIL      Bemat                 Sale of state bank of     Pending
                                  Mato Grosso

BRAZIL      BEC                   Sale of state bank of     Pending
                                  Ceara

COLOMBIA    Bancafe               Details pending           Pending

ENERGY

BOLIVIA     Oil exploration       Concessions for           07/2003
            licenses              exploration

BRAZIL      Oil projects          Concessions for           08/2003
            Round 5               exploration,
                                  development and
                                  production

ECUADOR     Transelectric         Operating concession      Pending
            project

MEXICO      Altamira V power      25-year concession to     08/14/2003
            project               build and operate

MEXICO      Petrochemical         Concession for            Pending
            complex               construction

MEXICO      Tazamunchale          Operating concession      09/25/2003
            generation project

MEXICO      Valladolid III        Concession for            07/11/2003
            thermoelectric        construction
            project

PERU        Power lines of        Concession for            Pending
            Antamina-             construction
            Carhuaquero and
            Zarumilla-Zorritos

INFRASTRUCTURE

CHILE       Route 66              Concession to upgrade     IIIQ/2003
                                  and build a new highway

COLOMBIA    Bogota-Girardot       Concession to build and   IIIQ/2003
            highway               operate

COLOMBIA    Junin-Barbacoas       Concession to build and   IIIQ/2003
            highway               operate

COLOMBIA    La Victoria-La        Concession to build and   IIIQ/2003
            Paila highway         operate

MEXICO      Highway projects      30-year concessions to    Pending
                                  build and operate 1,391
                                  Km of new highways

PERU        Highway Network #6    Concession for            09/2003
                                  construction and
                                  operation

MINING

BOLIVIA     El Mutun              Sale of the iron ore      Pending
                                  deposit

COLOMBIA    Mineral projects      Fifteen exploitation      IIIQ/2003
                                  concessions

PERU        Gold projects         Nine operating            Pending
                                  concessions

PERU        Toromocho             Sale of this              IIIQ/2003
                                  polymetallic mine

PORTS

ECUADOR     Guayaquil             Operating concession      IIIQ/2003

ECUADOR     Manta                 30-year operating         Pending
                                  concession

PERU        Callao                Operating concession      Pending

URUGUAY     Montevideo            30-year concession to     08/2003
                                  build and operate a
                                  multipurpose terminal

TELECOM

NICARAGUA   Enitel                Sale of 49% of the        09/30/2003
                                  company

WATER

BRAZIL      Aguas de Petrolina    25-year operating         07/31/2003
                                  concession

CHILE       Convento Viejo        30-year concession to     IIIQ/2003
            irrigation dam        build and operate

CHILE       Essan (Region II)     30-35 year operating      Pending
                                  concession

CHILE       Emssat (Region III)   30-35 year operating      Pending
                                  concession

CHILE       Essat (Region I)      30-35 year operating      Pending
                                  concession

CHILE       Essco (Region IV)     30-35 year operating      Pending
                                  concession

PERU        EPS Grau              30-year concession to     Pending
                                  upgrade and operate
                                  water and sewage
                                  company of Piura

PERU        Emfapa                30-year concession to     Pending
                                  upgrade and operate
                                  water and sewage
                                  company of Tumbes

PERU        Olmos project         Concession to build,      07/2003
                                  operate and maintain
                                  the irrigation and
                                  hydroelectric project

SECTOR      PROJECT               INSTITUTION    CONTACT

AVIATION

CHILE       Region I airport      MOP            David Guzman

CHILE       Region IV airport     MOP            David Guzman

CHILE       Region IX airport     MOP            David Guzman

PERU        Chinchero             ProInversion   Ricardo Valcarcel
            International
            Airport

PERU        Airports in           ProInversion   Ricardo Valcarcel
            Chiclayo, Juliaca,
            Piura, Pucallpa
            and Tarapoto

URUGUAY     Carrasco              Dinacia        Walter Ghiorsi
            International
            Airport

BANKING

BRAZIL      Bemat                 Central Bank   Carlos de Freitas

BRAZIL      BEC                   Central Bank   Carlos de Freitas

COLOMBIA    Bancafe               Fogafin        Juan Pablo Cordoba

ENERGY

BOLIVIA     Oil exploration       YPFB           Juan Lopez
            licenses

BRAZIL      Oil projects          ANP            Sandro Rosito Mercio
            Round 5

ECUADOR     Transelectric         Conam          Alfredo Mena
            project

MEXICO      Altamira V power      CFE            Jose Cervera
            project

MEXICO      Petrochemical         Pemex          Rafael Beverido
            complex                              Lomelin

MEXICO      Tazamunchale          CFE            Gerardo Vargas
            generation project

MEXICO      Valladolid III        CFE            Jose Cervera
            thermoelectric
            project

PERU        Power lines of        ProInversion   Alberto Rojas
            Antamina-
            Carhuaquero and
            Zarumilla-Zorritos

INFRASTRUCTURE

CHILE       Route 66              MOP            Nelson Belmar

COLOMBIA    Bogota-Girardot       Ministry of    Juan Ricardo Noero
            highway               Transport

COLOMBIA    Junin-Barbacoas       Ministry of    Juan Ricardo Noero
            highway               Transport

COLOMBIA    La Victoria-La        Ministry of    Juan Ricardo Noero
            Paila highway         Transport

MEXICO      Highway projects      SCT            Jorge Fernandez

PERU        Highway Network #6    ProInversion   Orlando Olcese

MINING

BOLIVIA     El Mutun              Comihol        Osvaldo Ramirez

COLOMBIA    Mineral projects      Minercol       Hector Piedrahita

PERU        Gold projects         ProInversion   Jorge Merino

PERU        Toromocho             ProInversion   Jorge Merino

PORTS

ECUADOR     Guayaquil             APG            Jorge Fierro

ECUADOR     Manta                 Conam          Frank Valencia

PERU        Callao                Copri          Ricardo Valcarcel

URUGUAY     Montevideo            ANP            Jose Aguerre

TELECOM

NICARAGUA   Enitel                Enitel         Carlos Fernandez

WATER

BRAZIL      Aguas de Petrolina    PMP            Ruben Tranca

CHILE       Convento Viejo        MOP            Eduardo Bartholin
            irrigation dam

CHILE       Essan (Region II)     SAE            Felipe Sandoval

CHILE       Emssat (Region III)   SAE            Felipe Sandoval

CHILE       Essat (Region I)      SAE            Felipe Sandoval

CHILE       Essco (Region IV)     SAE            Felipe Sandoval

PERU        EPS Grau              ProInversion   Lucia Ruiz

PERU        Emfapa                ProInversion   Lucia Ruiz

PERU        Olmos project         ProInversion   Daniel Cumpa

SECTOR      PROJECT               PHONE               FAX

AVIATION

CHILE       Region I airport      [56](2)361.2001     [56](2)361.2001

CHILE       Region IV airport     [56](2)361.2001     [56](2)361.2001

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

PERU        Chinchero             [51](1)221.7008     [51](1)221.2941
            International
            Airport

PERU        Airports in           [51](1)221.7008     [51](1)221.2941
            Chiclayo, Juliaca,
            Piura, Pucallpa
            and Tarapoto

URUGUAY     Carrasco              [598](2)903.2014    [598](2)901.0564
            International
            Airport

BANKING

BRAZIL      Bemat                 [55](61)414.1595    [55](61)414.1971

BRAZIL      BEC                   [55](61)414.1595    [55](61)414.1971

COLOMBIA    Bancafe               [57](1)339.4240     [57](1)285.8587

ENERGY

BOLIVIA     Oil exploration       [591](2)235-6543    [591](2)235-6543
            licenses

BRAZIL      Oil projects          [55](21)3804.0200   [55](21)3804.0202
            Round 5

ECUADOR     Transelectric         [593](5)620.759     [593](5)621.861
            project

MEXICO      Altamira V power      [52](55)5229.4400   [52](55)5229.4400
            project

MEXICO      Petrochemical         [52](55)5250.1055   [52](55)5625.4385
            complex

MEXICO      Tazamunchale          [52](55)5229.4400   [52](55)5229.4400
            generation project

MEXICO      Valladolid III        [52](55)5229.4400   [52](55)5229.4400
            thermoelectric
            project

PERU        Power lines of        [51](1)475.0135     [51](1)475.0065
            Antamina-
            Carhuaquero and
            Zarumilla-Zorritos

INFRASTRUCTURE

CHILE       Route 66              [56](2)361.3102     [56](2)361.3102

COLOMBIA    Bogota-Girardot       [57](1)324.0800     [57](1)324.0800
            highway

COLOMBIA    Junin-Barbacoas       [57](1)324.0800     [57](1)324.0800
            highway

COLOMBIA    La Victoria-La        [57](1)324.0800     [57](1)324.0800
            Paila highway

MEXICO      Highway projects      [52](5)5723.9300    [52](5)5723.9300

PERU        Highway Network #6    [51](1)442.0576     [51](1)442.1534

MINING

BOLIVIA     El Mutun              [591](2)237.4724    [591](2)237.0780

COLOMBIA    Mineral projects      [57](1)222.4555     [57](1)222.3651

PERU        Gold projects         [51](1)442.0576     [51](1)442.1534

PERU        Toromocho             [51](1)442.0576     [51](1)442.1534

PORTS

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

ECUADOR     Manta                 [593](5)620.759     [593](5)621.861

PERU        Callao                [51](1)221.7008     [51](1)221.2941

URUGUAY     Montevideo            [598](2)916.2106    [598](2)916.2106

TELECOM

NICARAGUA   Enitel                [505]263.2171       [505]222.7052

WATER

BRAZIL      Aguas de Petrolina    [55](87)3862.9110   [55](87)3862.9110

CHILE       Convento Viejo        [56](2)361.2641     [56](2)361.2641
            irrigation dam

CHILE       Essan (Region II)     [56](2)365.6420     [56](2)360.9016

CHILE       Emssat (Region III)   [56](2)365.6420     [56](2)360.9016

CHILE       Essat (Region I)      [56](2)365.6420     [56](2)360.9016

CHILE       Essco (Region IV)     [56](2)365.6420     [56](2)360.9016

PERU        EPS Grau              [51](1)612.1200     [51](1)221.6224

PERU        Emfapa                [51](1)612.1200     [51](1)221.6224

PERU        Olmos project         [51](1)221.6224     [51](1)221.6224

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