SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)
Southern Peru Copper Corporation
--------------------------------
(Name of Issuer)
Common Stock, $0.01 par value
-----------------------------
(Title of Class of Securities)
843611104
---------------
(CUSIP Number)
ASARCO Incorporated
Southern Peru Holdings Company
---------------------------------
(Name of Person Filing Statement)
Augustus B. Kinsolving
Vice President and General Counsel
ASARCO Incorporated
180 Maiden Lane
New York, NY 10038
(212) 510-2000
and
Daniel Tellechea Salido
Vice President and Treasurer
Southern Peru Holdings Company
Baja California 200
Colonia Roma Sur.
06760 Mexico City, Mexico
Tel. No. 011-525-574-2067
-------------------------------
(Name, Address and Telephone Number of Persons
Authorized to Receive Notices and Communications)
COPY TO:
Michael L. Fitzgerald, Esq.
Brown & Wood LLP
One World Trade Center
New York, New York 10048
Tel. No. (212) 839-5300
November 17, 1999
----------------------------
(Date of Event which Requires
Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b) (3) or (4), check the following
box / /.
(Continued on following page(s))
<PAGE>
SCHEDULE 13D
<TABLE>
<CAPTION>
<S> <C>
Cusip No. 843611104
- -----------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ASARCO INCORPORATED
EMPLOYER ID NO. 13-49244
- -----------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
- -----------------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- -----------------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
NEW JERSEY
- -----------------------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
-------- --------------------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 43,348,949
-------- --------------------------------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
-------- --------------------------------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 43,348,949
- -----------------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
43,348,949
- -----------------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- -----------------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
54.2%
- -----------------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
SCHEDULE 13D
<TABLE>
<CAPTION>
<S> <C>
Cusip No. 843611104
- -----------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SOUTHERN PERU HOLDINGS COMPANY
- -----------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
- -----------------------------------------------------------------------------------------------------------------------------------
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- -----------------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- -----------------------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
-------- --------------------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 43,348,949
-------- --------------------------------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
-------- --------------------------------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 43,348,949
- -----------------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
43,348,949
- -----------------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- -----------------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
54.2%
- -----------------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
ASARCO Incorporated ("ASARCO") hereby amends its Report on Schedule
13D regarding Southern Peru Copper Corporation (the "Company") originally
filed on January 12, 1996, as amended on March 6, 1996 (together, the
"Schedule 13D"), and Southern Peru Holdings Company, a wholly owned subsidiary
of ASARCO ("SPHC" and, together with ASARCO, the "Reporting Persons") hereby
joins with ASARCO in filing the Schedule 13D. This Schedule 13D relates to
common stock of the Company, $0.01 par value per share ("Common Stock") and
Class A Common Stock of the Company, $0.01 par value per share ("Class A
Common Stock", together, with Common Stock, the "Common Shares"). Unless
otherwise indicated, capitalized terms used but not defined herein shall have
the same meanings assigned to them in the Schedule 13D.
ITEM 2. IDENTITY AND BACKGROUND.
Item 2 is hereby amended by adding the following:
Until November 15, 1999, ASARCO had sole voting and dispositive
power of the shares of Class A Common Stock to which this Schedule 13D
relates. On November 15, 1999, ASARCO transferred to SPHC the shares of Class
A Common Stock owned by it to which this Schedule 13D relates. On November 16,
1999, following the expiration of the tender offer by ASMEX Corporation
("ASMEX"), a wholly owned subsidiary of Grupo Mexico, S.A. de C.V. ("GM"), to
purchase all of the outstanding common stock of ASARCO and the acceptance for
payment of tendered shares, ASMEX became the beneficial owner of approximately
87.6% of the outstanding common stock of ASARCO. On November 17, 1999, GM
caused a short-form merger of ASMEX with and into ASARCO. Pursuant thereto, GM
owns 100% of the outstanding common stock of ASARCO.
SPHC is a Delaware corporation with its principal executive offices
located at 180 Maiden Lane, New York, New York 10038. SPHC is a special
purpose company formed to hold the shares of Class A Common Stock to which
this Schedule 13D relates. SPHC is a wholly owned subsidiary of ASARCO.
GM is a Mexican corporation with its principal executive offices
located at Baja California 200, Colonia Roma Sur, 06760 Mexico City, Mexico.
GM's principal business is to act as a holding company for the shares of other
corporations engaged in the mining, processing and sale of metals and railways
operations.
The largest shareholder of GM is Empresarios Industriales de Mexico,
S.A. de C.V., a Mexican corporation ("EIM"). The principal business of EIM is
to act as a holding company for shares of other corporations engaged in a
variety of businesses including mining, construction, real estate and
drilling. The principal executive offices of EIM are located at Insurgentes
Sur No. 432-9, Colonia Roma Sur 06760, Mexico City, Mexico. Mr. German Larrea
Mota-Velasco is the Chairman of the Board and Chief Executive Officer of SPHC.
Mr. German Larrea is the Chairman of the Board and Chief Executive Officer of
GM and EIM. The family of the late Jorge Larrea Ortega, including Mr. German
Larrea, directly controls the majority of the capital stock of EIM and
directly and indirectly controls a majority of the votes of the capital stock
of GM. Mr. German Larrea disclaims beneficial ownership of such shares other
than the shares held directly by him (comprising approximately 2.71% of the
outstanding shares of GM).
Annex I hereto sets forth the name, business address, present
principal occupation or employment and citizenship of each director and
executive officer of the Reporting Persons, GM and EIM. The information set
forth in Annex I hereto is incorporated herein by reference. No other person
controls SPHC or has beneficial ownership of the shares of Class A Common
Stock held by SPHC within the meaning of Rule 13d-3 under the Exchange Act.
None of the Reporting Persons, GM or EIM or, to their knowledge, any
of the persons listed in Annex I hereto, has during the last five years (i)
been convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors), or (ii) been a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a result of
such proceeding was, or is, subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating activities subject
to Federal or State securities laws or finding any violation with respect to
such laws.
ITEM 4. PURPOSE OF TRANSACTION.
Item 4 is hereby amended by adding the following:
Under the terms of the Stockholders' Agreement, on November 15,
1999, ASARCO sent notice to the Founding Stockholders of its intent to
designate German Larrea Mota-Velasco, Genaro Larrea Mota-Velasco, Hector Calva
Ruiz, Daniel Tellechea Salido, Oscar Gonzalez Rocha, Xavier Garcia de Quevedo
Topete, Alberto de la Parra Zavala, Manuel Calderon Cardenas and Alfredo Casar
Perez as directors of SPCC, effective as of November 29, 1999 or such earlier
date as the Founding Stockholders may agree.
Except as set forth in the Schedule 13D, there have been no
contacts, negotiations or transactions between the Reporting Persons, GM or
EIM, or their respective subsidiaries, or to their knowledge, any of the
persons listed in Annex I hereto, on the one hand, and the Company or its
executive officers, directors or affiliates, on the other hand, concerning a
merger, consolidation or acquisition, tender offer or other acquisition of
securities, election of directors, or a sale or other transfer of a material
amount of assets that would require reporting under the Exchange Act and rules
promulgated thereunder.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended by adding the following:
ASARCO beneficially owns 43,348,949 shares of Class A Common Stock,
which are convertible on a one-for-one basis into shares of Common Stock,
representing approximately 54.2% of the issued and outstanding Common Shares.
Other than as set forth herein, ASARCO has neither acquired nor disposed of
any shares of Class A Common Stock or Common Stock since the date of the
Schedule 13D.
ASARCO believes that certain of its executive officers have acquired
and are the beneficial owners of Common Stock. Accordingly, the information
set forth in the Schedule 13D regarding ownership of shares of Common Stock by
its directors and executive officers is hereby amended through June 30, 1999
by the attached Schedule A.
Except as set forth in the Schedule 13D, none of the Reporting
Persons, GM or EIM or, to their knowledge, any of the persons listed in Annex
I hereto, beneficially owns any equity security of the Company and none of the
Reporting Persons, GM or EIM or, to their knowledge, any of the respective
directors, executive officers or subsidiaries of any of the foregoing, has
effected any transaction in any equity security of the Company during the past
60 days.
Except as set forth in the Schedule 13D and other than the
Stockholders' Agreement, a copy of which was previously filed as Exhibit 1 to
the Schedule 13D, none of the Reporting Persons, GM or EIM, or to their
knowledge, any of the persons listed in Annex I hereto, has any contract,
arrangement, understanding or relationships (legal or otherwise) among the
persons named in Item 2 and between such persons and any person with respect
to any securities of the Company, including but not limited to transfer or
voting of any of the securities of the Company, finder's fee, joint ventures,
loan or option arrangements, puts or calls, guaranties of profits, division of
profits or loss, or the giving or withholding of proxies.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
Item 6 is hereby amended by adding the following:
On November 15, 1999, the shares of Class A Common Stock owned by
ASARCO were transferred to SPHC. In connection therewith, on November 15,
1999, SPHC became bound by the terms of the Stockholders' Agreement.
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete
and correct.
Dated: November 19, 1999
ASARCO INCORPORATED
By /s/ Daniel Tellechea Salido
----------------------------------
Name: Daniel Tellechea Salido
Title: Vice President
SOUTHERN PERU HOLDING COMPANY
By /s/ Daniel Tellechea Salido
----------------------------------
Name: Daniel Tellechea Salido
Title: Vice President and Treasurer
<PAGE>
SCHEDULE A
SOUTHERN PERU COPPER CORPORATION
ASARCO believes that certain of its executive officers have acquired and
are the beneficial owners of shares of Common Stock. Accordingly, the
information set forth in the Schedule 13D regarding ownership of Common Stock
by its directors and executive officers is hereby amended through June 30,
1999 by this Schedule A. Except where indicated, all shares of Common Stock
acquired since Amendment No. 1 to the Schedule 13D filed on March 6, 1996,
were granted by Company pursuant to the Director's Stock Award Plan and, in
some cases, pursuant to the Dividend Reinvestment Plan. Other than shares of
Common Stock acquired through ASARCO's employee plans, to ASARCO's knowledge
all shares of Common Stock set forth below were acquired through open market
purchases and were paid for with personal funds.
NAME SHARES OFCOMMON STOCK
- ---- ---------------------
Francis R. McAllister 3,286.1844
Kevin R. Morano 2,286.1843
William Dowd 1,200.0000
Augustus B. Kinsolving 1,262.9904
William L. Paul 500.0000
Gerald D. Van Voorhis 200.0000
Michael O. Varner 1,544.2975
David B. Woodbury 2,300.0000
Christopher F. Schultz 1,000.0000
<PAGE>
ANNEX I
DIRECTORS AND EXECUTIVE OFFICERS
1. DIRECTORS AND EXECUTIVE OFFICERS OF SPHC. The following table sets forth
the name, principal business address, title and present principal occupation
or employment of each director and executive officer of SPHC. Each such person
is a citizen of Mexico.
<TABLE>
<CAPTION>
NAME PRINCIPAL BUSINESS ADDRESS TITLE PRINCIPAL OCCUPATION
- ------------------------------ ------------------------------------- ---------------------- ----------------------
<S> <C> <C> <C>
German Larrea Mota-Velasco Av. Baja California 200, Chairman of the Chairman of the Board
Col. Roma Sur, Board and President and Chief Executive
06760, Mexico City of SPHC Officer of GM
Genaro Larrea Mota-Velasco Av. Baja California 200, Director and Vice Commercial Managing
Col. Roma Sur, President of SPHC Director of GM
06760, Mexico City
Hector Calva Ruiz Av. Baja California 200, Vice President of Managing Director for
Col. Roma Sur, SPHC Exploration and Finance
06760, Mexico City of GM
Daniel Tellechea Salido Av. Baja California 200, Vice President and Managing Director for
Col. Roma Sur, Treasurer of SPHC Administration and
06760, Mexico City Finance of GM
Sergio M. Ferrer De la Av. Baja California 200, Secretary of SPHC General Counsel of GM
Barrera Col. Roma Sur,
06760, Mexico City
</TABLE>
2. DIRECTORS AND EXECUTIVE OFFICERS OF ASARCO. The following table sets forth
the name, principal business address, title and present principal occupation
or employment of each director and executive officer of ASARCO. Except for the
persons below designated by an asterisk next to their name who are citizens of
Mexico, each such person is a citizen of the United States.
<TABLE>
<CAPTION>
NAME PRINCIPAL BUSINESS ADDRESS TITLE PRINCIPAL OCCUPATION
- ------------------------------------- ------------------------------ ---------------------- ----------------------
<S> <C> <C> <C>
German Larrea Mota-Velasco* Av. Baja California 200, Chairman of the Board Chairman of the Board
Col. Roma Sur, of ASARCO and Chief Executive
06760, Mexico City Officer of GM
Genaro Larrea Mota-Velasco* Av. Baja California 200, Director of ASARCO Commercial Managing
Col. Roma Sur, Director of GM
06760, Mexico City
Francis R. McAllister 180 Maiden Lane Chief Executive Chairman of the Board
New York, NY 10038 Officer of ASARCO and Chief Executive
Officer of ASARCO
Kevin R. Morano 180 Maiden Lane President and Chief President and Chief
New York, NY 10038 Operating Officer of Operating Officer of
ASARCO ASARCO
Daniel Tellechea Salido* Av. Baja California 200, Vice President of Managing Director for
Col. Roma Sur, ASARCO Administration and
06760, Mexico City Finance of GM
William Dowd 180 Maiden Lane Vice President and Vice President and
New York, NY 10038 Chief Financial Chief Financial Officer
Officer of ASARCO of ASARCO
Augustus B. Kinsolving 180 Maiden Lane Vice President and Vice President and
New York, NY 10038 General Counsel of General Counsel of
ASARCO ASARCO
William L. Paul 180 Maiden Lane Vice President, Vice President,
New York, NY 10038 Commercial of ASARCO Commercial of ASARCO
Gerald D. Van Voorhis 180 Maiden Lane Vice President, Vice President,
New York, NY 10038 Exploration of ASARCO Exploration of ASARCO
Michael O. Varner 180 Maiden Lane Vice President, Vice President,
New York, NY 10038 Environmental Environmental
Operations of ASARCO Operations of ASARCO
David B. Woodbury 180 Maiden Lane Vice President, Human Vice President, Human
New York, NY 10038 Resources of ASARCO Resources of ASARCO
Genaro Guerrero Diaz Mercado* Av. Baja California 200, Vice President of Treasurer of GM
Col. Roma Sur, ASARCO
06760, Mexico City
Robert Ferri 180 Maiden Lane Secretary of ASARCO Secretary of ASARCO
New York, NY 10038
Christopher F. Schultz 180 Maiden Lane Treasurer of ASARCO Treasurer of ASARCO
New York, NY 10038
James L. Wiers 180 Maiden Lane General Auditor of General Auditor of
New York, NY 10038 ASARCO ASARCO
</TABLE>
3. DIRECTORS AND EXECUTIVE OFFICERS OF GM. The following table sets forth the
name, principal business address, title and present principal occupation or
employment of each director and executive officer of GM. Each such person is a
citizen of Mexico.
<TABLE>
<CAPTION>
NAME PRINCIPAL BUSINESS ADDRESS TITLE PRINCIPAL OCCUPATION
- ------------------------------ ------------------------------------- ---------------------- ----------------------
<S> <C> <C> <C>
German Larrea Mota-Velasco Av. Baja California 200, Chairman of the Chairman of the Board
Col. Roma Sur, Board and Chief and Chief Executive
06760, Mexico City Executive Officer Officer of GM
of GM
Juan Sanchez-Navarro Peon Av. Baja California 200, Director of GM Vice President of Grupo
Col. Roma Sur, Modelo, S.A. de C.V.
06760, Mexico City
Romulo O'Farril Jr. Av. Baja California 200, Director of GM Chief Executive Officer
Col. Roma Sur, of Novedades Editores,
06760, Mexico City S.A. de C.V.
Prudencio Lopez Martinez Av. Baja California 200, Director of GM President of Sanvica,
Col. Roma Sur, S.A. de C.V.
06760, Mexico City
Juan I. Gallardo Thurlow Av. Baja California 200, Director of GM Chairman of the Board of
Col. Roma Sur, Grupo Azucarero de
06760, Mexico City Mexico, S.A. de C.V.
Claudio X. Gonzalez Av. Baja California 200, Director of GM Chairman of the Board
Col. Roma Sur, and Chief Executive
06760, Mexico City Officer of
Kimberly-Clark de
Mexico, S.A. de C.V.
Carlos Giron Peltier Av. Baja California 200, Director of GM Retired.
Col. Roma Sur,
06760, Mexico City
Jose Mendoza Fernandez Av. Baja California 200, Director of GM Chief Executive of
Col. Roma Sur, 06760, Bufete Industrial, S.A.
Mexico City de C.V.
Genaro Larrea Mota-Velasco Av. Baja California 200, Director and Commercial Managing
Col. Roma Sur, Commercial Managing Director of GM
06760, Mexico City Director of GM
Agustin Santamarina Vasquez Campos Eliseos, 345-2, Director and Of counsel at Santamaria
Col. Chapultepec Polanco, 11560, Secretary of the y Steta
Mexico City Board of Directors
of GM
Hector Calva Ruiz Av. Baja California 200, Managing Director Managing Director for
Col. Roma Sur, for Exploration Exploration and Projects
06760, Mexico City Projects and of GM
Alternate Director
of GM
Daniel Tellechea Salido Av. Baja California 200, Managing Director Managing Director for
Col. Roma Sur, for Administration Administration and
06760, Mexico City and Finance and Finance of GM
Alternate Director
of GM
Oscar Gonzalez Rocha Av. Baja California 200, Managing Director Managing Director for
Col. Roma Sur, 06760, for Mexicana Cobre, Mexicana Cobre, S.A. de
Mexico City S.A. de C.V. and C.V. and Mexicana de
for Mexicana de Cananea S.A. de C.V.
Cananea, S.A. de
C.V. and Alternate
Director of GM
Xavier Garcia de Quevedo Bosques de Ciruelos 99, Managing Director Managing Director for
Topete Col. Bosques de las Lomas, 11700, for Grupo Grupo Ferroviario
Mexico City Ferroviario Mexicano, S.A. de C.V.
Mexicano, S.A. de and Ferrocarril
C.V. and Mexicano, S.A. de C.V.
Ferrocarril
Mexicano, S.A. de
C.V. and Alternate
Director of GM
Alfredo Casar Perez Av. Baja California 200, Managing Director Managing Director for
Col. Roma Sur, for Development and Development of GM
06760, Mexico City Alternate Director
for GM
Daniel Chavez Carreon Av. Baja California 200, Managing Director Managing Director for
Col. Roma Sur, for Industrial Industrial Minera
06760, Mexico City Minera Mexico, S.A. Mexico, S.A. de C.V.
de C.V. and
Alternate Director
of GM
Eduardo Gonzalez Gomez Av. Insurgentes Sur 432, Alternate Director Independent financial
Col. Roma Sur, of GM advisor
06760, Mexico City
Sergio M. Ferrer De la Av. Baja California 200, General Counsel and General Counsel of GM
Barrera Col. Roma Sur, Alternate Director
06760, Mexico City of GM
Manuel Calderon Cardenas Av. Baja California 200, Director of Mine Director of Mine
Col. Roma Sur, and Planning Planning and Control of
06760, Mexico City Control of GM GM
Vidal Muhech Dip Av. Baja California 200, Director for Director for Engineering
Col. Roma Sur, Engineering and and Construction of GM
06760, Mexico City Construction of GM
Ernesto Duran Trinidad Av. Baja California 200, Comptroller of GM Comptroller of GM
Col. Roma Sur,
06760, Mexico City
Genaro Guerrero Diaz Mercado Av. Baja California 200, Treasurer of GM Treasurer of GM
Col. Roma Sur,
06760, Mexico City
Gabino Paez Gonzalez Av. Baja California 200, Managing Director Managing Director for
Col. Roma Sur, for Industrial Industrial Relations of
06760, Mexico City Relations and GM
Alternate Director
of GM
Rolando Vega Iniguez Av. Baja California 200, Examiner of GM Examiner of GM
Col. Roma Sur,
06760, Mexico City
Gilberto Nava Escobedo Av. Baja California 200, Alternate Examiner Alternate Examiner of GM
Col. Roma Sur, of GM
06760, Mexico City
</TABLE>
4. DIRECTORS AND EXECUTIVE OFFICERS OF EIM. The following table sets forth the
name, principal business address, title and present principal occupation or
employment of each director and executive officer of EIM. Each such person is
a citizen of Mexico.
<TABLE>
<CAPTION>
NAME PRINCIPAL BUSINESS ADDRESS TITLE PRINCIPAL OCCUPATION
- ------------------------------ ------------------------------------- ---------------------- ----------------------
<S> <C> <C> <C>
German Larrea Mota-Velasco Av. Baja California 200, Chairman of the Chairman of the Board
Col. Roma Sur, Board and Chief and Chief Executive
06760, Mexico City Executive Officer Officer of GM
of EIM
Genaro Larrea Mota-Velasco Av. Baja California 200, Director of EIM Commercial Managing
Col. Roma Sur, Director of GM
06760, Mexico City
Alfredo Casar Perez Av. Baja California 200, Director of EIM Managing Director for
Col. Roma Sur, Development of GM
06760, Mexico City
Eduardo Gonzalez Gomez Av. Insurgentes Sur 432, Director of EIM Independent financial
Col. Roma Sur, advisor
06760, Mexico City
</TABLE>
