The Bank of New York Appointed Depositary Bank for Interconexion Electrica S.A. E.S.P.Business Editors NEW YORK--(BUSINESS WIRE)--March 22, 2004 The Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. has been selected as depositary for the Interconexion Electrica S.A. E.S.P. (ISA (1) (Instruction Set Architecture) See instruction set. (2) (Interactive Services Association) See Internet Alliance. (3) (Internet Security and Acceleration) See .NET. ) American depositary receipt American Depositary Receipt (ADR) Certificates issued by a US depository bank, representing foreign shares held by the bank, usually by a branch or correspondent in the country of issue. (ADR ADR - Astra Digital Radio ) facility. Each ADR represents twenty-five ISA common shares. The common shares trade in Colombia on the Bolsa de Valores de Colombia The Bolsa de Valores de Colombia, also known as BVC, is the principal stock exchange of Colombia. It was created on July 3, 2001 by the union of three extant stock exchanges in Colombia: Bolsa de Bogotá, Bolsa de MedellĂn and the Bolsa de Occidente in Cali. . The ADRs trade on the over-the-counter market over-the-counter market Trading in stocks and bonds that does not take place on stock exchanges. Such trading occurs most often in the U.S., where requirements for listing stocks on the exchanges are strict. under the symbol "IESFY." ISA is a mixed-economy public utilities company incorporated in 1967, whose core business is the high-voltage transmission of energy in Colombia. With over $1.5 billion in total assets as of December 31, 2003, the company owns and operates the largest high voltage transmission grid in Colombia. ISA also operates the National Interconnected System, manages the Wholesale Energy Market, and provides value-added information services and telecommunication services. In the power sector, ISA has four subsidiary companies: TRANSELCA in Colombia, ISA PERU Peru, country, South America Peru (pər  `), Span. Perú (pār S.A. and Red de Energia del Peru in Peru, and ISA
BOLIVIA in Bolivia. In the telecommunications sector, it has two
subsidiaries in Colombia: INTERNEXA and Flycom Comunicaciones. ISA is
ascribed to the Ministry of Mines and Energy of Colombia.
The Bank of New York is the world's largest depositary for American and global depositary receipts, allowing non-U.S. companies to offer dollar-denominated securities to investors worldwide. The Bank currently issues depositary receipts for more than 1,165 sponsored programs representing 65 countries and accounts for 63% of all sponsored depositary receipt programs. The Bank of New York Company, Inc. (NYSE NYSE See: New York Stock Exchange : BK) is a global leader in securities servicing for issuers, investors and financial intermediaries. The Company plays an integral role in the infrastructure of the capital markets, servicing securities in more than 100 markets worldwide. The Company provides quality solutions through leading technology for global corporations, financial institutions, asset managers, governments, non-profit organizations, and individuals. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has a distinguished history of serving clients around the world through its five primary businesses: Securities Servicing and Global Payment Services, Private Client Services and Asset Management, Corporate Banking, Global Market Services, and Retail Banking. Additional information on the Company is available at www.bankofny.com. This announcement is not an offer to sell or a solicitation of an offer to buy any securities. The offering is made only by means of the prospectus. |
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