Privatizations.

PRIVATIZATIONS

SECTOR      PROJECT                    DESCRIPTION

AVIATION

BRAZIL      Maringa Airport            35-year operating concession

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

CHILE       Region IX airport          Concession to build and
                                       operate

COLOMBIA    El Dorado International    Concession to upgrade and
            Airport                    operate

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

BANKING

BRAZIL      BEC                        Sale of state bank of Ceara

BRAZIL      BEP                        Sale of state bank of Piaui

BRAZIL      BESC                       Sale of state bank of Santa
                                       Catarina

ENERGY

ARGENTINA   13 oil and gas fields      Concessions for exploration,
                                       development and production

BOLIVIA     Natural gas projects       30-year distribution
            (four zones)               concessions

BRAZIL      Oil projects Round 6       Concessions for exploration,
                                       development and production

BRAZIL      Transmission lines         Operating concessions
            (3,800 km)

DOMINICAN   Edenorte and Edesur        Concessions to operate these
REP.                                   distributors

MEXICO      Agua Prieta II thermo-     Concession to build and
            electric project           operate

MEXICO      Mexicali II thermo/solar   25-year concession to build
            project                    and operate

MEXICO      Tamazunchale II power      25-year concession to build
            project                    and operate

PERU        Electrocentro, Electro-    Concession to operate
            norte, Electronoreste      generation companies
            and Hidrandina

INFRASTRUCTURE

CHILE       Prison facilities          Concessions for construction
                                       and and operation

CHILE       Transantiago bus network   Operating concessions

COLOMBIA    Cali mass transit          Concession to build and
            system                     operate

ECUADOR     Quito-Guayaquil highway    25-year concession to build
            (120 Km)                   and operate

MEXICO      Highway projects           30-year concessions to build
            (1,391 Km)                 and operate

PERU        Northern Amazonas          25-year concession to develop,
            highway (960 Km)           upgrade and operate

PERU        Road Network #1            Concession to upgrade and
            (37 Km)                    build

PERU        Road Network #4            Concession to upgrade and
                                       build

MINING

MEXICO      Mining projects            Sale of 16 metallic and
                                       nonmetallic mining properties

PERU        Michiquillay copper        Mining concession
            project

PORTS

CHILE       Arica                      Concession to operate and
                                       upgrade the port

CHILE       San Antonio                10-year concession to build
                                       and operate a new container
                                       terminal

CHILE       Region XII terminal        Concession to build a new
                                       cruiser terminal

CHILE       Los Andes                  Concession to build and
                                       operate

ECUADOR     Guayaquil                  20-year concession to operate
                                       and upgrade the port

ECUADOR     Manta                      25-year concession to operate
                                       and upgrade the port

URUGUAY     Colonia                    Concession to build and
                                       operate a new passenger
                                       terminal

WATER

CHILE       Ancoa dam project          25-year concession to build
                                       and operate

CHILE       Convento Viejo             Concession to build and
            irrigation project         operate a dam

CHILE       Esmag (Region XII)         30-year operating concession

CHILE       Essar (Region IX)          30-year operating concession

CHILE       Essat (Region I)           30-year operating concession

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

SECTOR      DEADLINE    INSTITUTION    CONTACT

AVIATION

BRAZIL      Pending     Maringa        Marcos Pinto

CHILE       6/2004      MOP            David Guzman

CHILE       Pending     MOP            David Guzman

COLOMBIA    11/2004     DNP            Juan Manuel Martinez

PERU        IVQ/2004    ProInversion   Robert McDonald

BANKING

BRAZIL      Pending     Central Bank   Carlos de Freitas

BRAZIL      Pending     Central Bank   Carlos de Freitas

BRAZIL      Pending     Central Bank   Carlos de Freitas

ENERGY

ARGENTINA   IIIQ/2004   Province of    Enrique Montesinos
                        Neuquen

BOLIVIA     5/27/2004   MHE            Guillermo Torres

BRAZIL      8/2004      ANP            Dilma Rousseff

BRAZIL      IVQ/2004    Aneel          Jose Mario Abdo

DOMINICAN   IVQ/2004    SIE            George Reynoso
REP.

MEXICO      9/7/04      CFE            Francisco Soto

MEXICO      8/14/04     CFE            Francisco Soto

MEXICO      5/11/05     CFE            Francisco Soto

PERU        Pending     ProInversion   Jaime Hanza

INFRASTRUCTURE

CHILE       IVQ/2004    MOP            Sergio Galilea

CHILE       7/2004      MOP            Sergio Galilea

COLOMBIA    Pending     Metrocali      Victoria Molina

ECUADOR     7/2004      MOP            Ricardo Andrade

MEXICO      Pending     SCT            Jorge Fernandez

PERU        IIQ/2004    ProInversion   Jimena Zabala

PERU        IIIQ/2004   ProInversion   Orlando Olcese

PERU        IIIQ/2004   ProInversion   Orlando Olcese

MINING

MEXICO      IIQ/2004    DGM            Abel Abarca

PERU        Pending     ProInversion   Jorge Merino

PORTS

CHILE       IIQ/2004    SEP            Carlos Mladinic

CHILE       Pending     EPSA           Amalia Garcia

CHILE       IIIQ/2004   MOP            Juan Rusque

CHILE       7/2004      MOP            Juan Rusque

ECUADOR     8/2004      APG            Jorge Fierro

ECUADOR     10/2004     APM            Galo Muentes

URUGUAY     Pending     ANP            Luis Loureiro

WATER

CHILE       IIQ/2004    MOP            David Guzman

CHILE       7/23/2004   MOP            David Guzman

CHILE       6/2004      SEP            Carlos Mladinic

CHILE       6/2004      SEP            Carlos Mladinic

CHILE       6/2004      SEP            Carlos Mladinic

PERU        IIQ/2004    ProInversion   Jesus Vidalon

SECTOR      PHONE               FAX

AVIATION

BRAZIL      [55](44)266.3838    [55](44)266.3838

CHILE       [56](2)361.2001     [56](2)698.5048

CHILE       [56](2)361.2001     [56](2)698.5048

COLOMBIA    [57](1)596.0300     [57](1)599.9533

PERU        [51](1)612.1201     [51](1)421.2616

BANKING

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

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

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

ENERGY

ARGENTINA   [54][phone]   [54][phone]

BOLIVIA     [591](2)243.4000    [591](2)243.4001

BRAZIL      [55](21)3804.0200   [55](21)3804.0202

BRAZIL      [55](61)227.0669    [55](61)227.0669

DOMINICAN   [809]683.2500       [809]544.1637
REP.

MEXICO      [52](55)5231.1849   [52](55)5229.4400
                                Ext. 3278

MEXICO      [52](55)5231.1849   [52](55)5229.4400
                                Ext. 3278

MEXICO      [52](55)5231.1849   [52](55)5229.4400
                                Ext. 3278

PERU        [51](1)612.1200     [51](1)221.2942
            Ext. 1240

INFRASTRUCTURE

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

CHILE       [56](2)361.3102     [561(2)361.3102

COLOMBIA    [57](23)668.9440    [57](23)668.5204

ECUADOR     [593](2)222.7770    [593](2)222.7770

MEXICO      [52](55)5538.0610   [52](55)5538.9929

PERU        [51](1)612.1200     [51](1)421.2838
            Ext. 1214

PERU        [51](1)612.1200     [51](1)421.2838
            Ext. 1290

PERU        [51](1)612.1200     [51](1)421.2838
            Ext. 1290

MINING

MEXICO      [52](55)5729.9492   [52](55)5729.9495

PERU        [51](1)476.9726     [51](1)475.2159

PORTS

CHILE       [56](2)473.6324     [56](2)473.6363

CHILE       [56](2)251.7777     [56](2)251.7732

CHILE       [56](2)696.4629     [56](2)672.1423

CHILE       [56](2)696.4629     [56](2)672.1423

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

ECUADOR     [593](5)262.0993    [593](5)621.861

URUGUAY     [598](2)916.1441    [598](2)916.1704

WATER

CHILE       [56](2)361.2001     [56](2)698.5048

CHILE       [56](2)361.2001     [56](2)698.5048

CHILE       [56](2)473.6324     [56](2)473.6363

CHILE       [56](2)473.6324     [56](2)473.6363

CHILE       [56](2)473.6324     [56](2)473.6363

PERU        [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.