TOP 25 BY PROFITS.

TOP 25 BY PROFITS
Ranked by net income as of Dec. 31 2000
RANK  RANK  COMPANY                   COUNTRY    SECTOR
'01   '00
  1     2   Petrobras                 Brazil     Oil, gas
  2     1   Telmex                    Mexico     Telecom
  3    14   Eletrobras                Brazil     Electricity
  4     4   CVRD                      Brazil     Mining
  5     3   Cemex                     Mexico     Cement
  6    --   CSN                       Brazil     Steel
  7     9   Telesp                    Brazil     Telecom
  8    --   Telecom Carso Global      Mexico     Telecom
  9     5   Itausa                    Brazil     Holding
 10    19   Copec                     Chile      Holding
 11    11   Wal-Mart de Mexico        Mexico     Retail
 12    --   Telemar                   Brazil     Telecom
 13    18   Grupo Modelo              Mexico     Beverages
 14    21   Embraer                   Brazil     Aviation
 15    17   Kimberly Clark de Mexico  Mexico     Paper, pulp
 16    --   Belgo Mineira             Brazil     Steel
 17    22   Embratel                  Brazil     Telecom
 18     6   Grupo Carso               Mexico     Holding
 19    12   Perez Companc             Argentina  Petrochemicals
 20    --   Sabesp                    Brazil     Water
 21     8   Telefonica de Argentina   Argentina  Telecom
 22    16   Femsa                     Mexico     Beverages
 23    --   Telemig                   Brazil     Telecom
 24    --   Grupo Minero de Mexico    Mexico     Mining
 25    --   Suzano                    Brazil     Paper, pulp
RANK    NET INCOME
'01   US$ Millions
  1        5,084.6
  2        2,765.4
  3        1,255.9
  4        1,090.7
  5        1,004.3
  6          908.9
  7          751.8
  8          662.4
  9          451.3
 10          434.6
 11          372.6
 12          362.8
 13          340.7
 14          329.9
 15          316.8
 16          302.6
 17          295.1
 18          271.3
 19          267.0
 20          266.7
 21          266.0
 22          264.8
 23          258.0
 24          255.5
 25          255.2