<PAGE>
==============================
OMB APPROVAL
==============================
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==============================
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
(Section 240.13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO SECTIONS 240.13d-1(b), (c) and(d) AND AMENDMENTS THERETO FILED
PURSUANT TO SECTION 240.13d-2
(Amendment No. ___________)1
Consortium G Dina Group, Inc.
(Consorcio G Grupo Dina, S.A. de C.V.)
(Name of Issuer)
Series L Stock, as the equity security
underlying the Series L American Depository Shares
(Title of Class of Securities)
210306205
(CUSIP Number)
July 1, 1997
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
----------
1 The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act")or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Partners, L.P.
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, is the deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 2,774,378 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
2,774,378 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,774,378 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.9 % [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
PN
===============================================================================
Page 2 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Institutional Partners, L.P.
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, is the deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 2,925,224 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
2,925,224 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,925,224 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.1 % [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
PN
===============================================================================
Page 3 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Institutional Partners II, L.P.
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, is the deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 653,664 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
653,664 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
653,664 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.2 % [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
PN
===============================================================================
Page 4 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Institutional Partners III, L.P.
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, is the deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 432,174 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
432,174 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
432,174 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.8 % [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
PN
===============================================================================
Page 5 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tinicum Partners, L.P.
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, is the deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 340,597 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
340,597 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
340,597 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.6 % [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
PN
===============================================================================
Page 6 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital (CP) Investors, L.P.
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, is the deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 385,646 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
385,646 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
385,646 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.7 % [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
IA, OO
===============================================================================
Page 7 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Management, L.L.C.
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, may be deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 4,486,352 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
4,486,352 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,486,352 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.6 % [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
IA, OO
===============================================================================
Page 8 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Partners, L.L.C.
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, may be deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 7,511,683 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
7,511,683 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,511,683 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.1 % [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
OO
===============================================================================
Page 9 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Enrique H. Boilini
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, may be deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Argentina
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.1% [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
IN
===============================================================================
Page 10 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
David I. Cohen
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, may be deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.1% [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
IN
===============================================================================
Page 11 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Joseph F. Downes
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, may be deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.1% [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
IN
===============================================================================
Page 12 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
William F. Duhamel
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, may be deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.1% [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
IN
===============================================================================
Page 13 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Andrew B. Fremder
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, may be deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.1% [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
IN
===============================================================================
Page 14 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Richard B. Fried
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, may be deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.1% [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
IN
===============================================================================
Page 15 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
William F. Mellin
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, may be deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.1% [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
IN
===============================================================================
Page 16 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Stephen L. Millham
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, may be deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.1% [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
IN
===============================================================================
Page 17 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Meridee A. Moore
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, may be deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.1% [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
IN
===============================================================================
Page 18 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Thomas F. Steyer
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, may be deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.1% [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
IN
===============================================================================
Page 19 of 26
<PAGE>
13G
===============================
CUSIP No. 210306205
===============================
===============================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Mark C. Wehrly
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ] **
** The reporting persons making this filing are the deemed beneficial
holders of an aggregate of 11,998,039 Series L Shares, which is
18.1% of the class of securities. The reporting person on this cover
page, however, may be deemed beneficial owner only of the securities
reported by it on this cover page. [See Preliminary Note]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,998,039 [See Preliminary Note]
-------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
-------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.1% [See Preliminary Note]
-------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
IN
===============================================================================
Page 20 of 26
<PAGE>
Preliminary Note: The Reporting Persons (as defined below) are filing this
Schedule 13G with respect to the Series L Stock (the " Series L Shares") of
Consortium G Dina Group, Inc. (the "Company"), as the equity security underlying
the Series L American Depository Shares (the "Series L ADS Shares") issued by
the Company. The Reporting Persons are not the record holders of any Series L
ADS Shares or any Series L Shares. Some of the Reporting Persons are the record
holders of certain of the Company's 8% Convertible Subordinated Debentures due
August 8, 2004 (the "Debentures"). Pursuant to the terms and conditions of the
Indenture dated as of August 8, 1994 between the Company as the Issuer and
Bankers Trust Company as Trustee for up to $164,000,000 of the Debentures, the
Debentures are immediately convertible into Series L ADS Shares. The Reporting
Persons are therefore filing this initial Schedule 13G with respect to the
Series L Shares which they are deemed to beneficially own through their
ownership of Debentures. All numbers and percentages contained in this Schedule
13G represent Series L Shares, and not Series L ADS Shares.
The Reporting Persons' holdings of the Debentures have been acquired over a
period of several years and have been reported publicly in the quarterly
Schedules 13F filed by Farallon Capital Management, L.L.C. for each quarter
since the quarter ended March 31, 1998.
Item 1. Issuer
(a) Name of Issuer:
Consortium G Dina Group, Inc. (Consorcio G Grupo Dina, S.A. de
C.V.) (the "Company")
(b) Address of Issuer's Principal Executive Offices:
Tlacoquemecatl 41, Colonia Del Valle, 03100, Mexico D.F., Mexico
Item 2. Identity And Background.
Title Of Class Of Securities And CUSIP Number (Item 2(d) and (e))
This statement relates to Series L Shares (as the equity security
underlying the Series L ADS Shares) of the Company. The CUSIP number of the
Series L ADS Shares is 210306205.
Name Of Persons Filing, Address Of Principal Business Office And
Citizenship (Item 2(a), (b) and (c))
This statement is filed by the entities and persons listed below, all of
whom together are referred to herein as the "Reporting Persons."
The Partnerships
Page 21 of 26
<PAGE>
(i) Farallon Capital Partners, L.P., a California limited partnership
("FCP"), with respect to the Series L Shares of which it is the
deemed beneficial owner;
(ii) Farallon Capital Institutional Partners, L.P., a California
limited partnership ("FCIP"), with respect to the Series L Shares
of which it is the deemed beneficial owner;
(iii)Farallon Capital Institutional Partners II, L.P., a California
limited partnership ("FCIP II"), with respect to the Series L
Shares of which it is the deemed beneficial owner;
(iv) Farallon Capital Institutional Partners III, L.P., a Delaware
limited partnership ("FCIP III"), with respect to the Series L
Shares of which it is the deemed beneficial owner;
(v) Farallon Capital (CP) Investors, L.P., a Cayman Islands limited
partnership ("FCCP"), with respect to the Series L Shares of
which it is the deemed beneficial owner; and
(vi) Tinicum Partners, L.P., a New York limited partnership
("Tinicum"), with respect to the Series L Shares of which it is
the deemed beneficial owner.
FCP, FCIP, FCIP II, FCIP III, FCCP and Tinicum are together referred to
herein as the "Partnerships."
The Management Company
(vii)Farallon Capital Management, L.L.C., a Delaware limited liability
company (the "Management Company"), with respect to the Series L
Shares of which
certain accounts managed by the Management Company are the deemed
beneficial owner (the "Managed Accounts")2.
The General Partner Of The Partnerships
(viii) Farallon Partners, L.L.C., a Delaware limited liability company
which is the general partner of each of the Partnerships (the
"General Partner"), with
----------------
2Of the Series L Shares reported by the Management Company on behalf of the
Managed Accounts, 134,464 Series L Shares (equal to approximately 0.2% of the
total Series L Shares currently outstanding) are deemed to be beneficially owned
by The Absolute Return Fund of The Common Fund, a non-profit corporation whose
principal address is 450 Post Road East, Westport, Connecticut 06881.
Page 22 of 26
<PAGE>
respect to the Series L Shares of which each Partnership is the
deemed beneficial owner.
The Managing Members Of the General Partner And The Management Company
(iv)The following eleven persons who are managing members of both the
General Partner and the Management Company, with respect to the Series L
Shares of which the Partnerships and the Managed Accounts are the deemed
beneficial owners: Enrique H. Boilini ("Boilini"), David I. Cohen
("Cohen"), Joseph F. Downes ("Downes"), William F. Duhamel ("Duhamel"),
Andrew B. Fremder ("Fremder"), Richard B. Fried ("Fried"), William F.
Mellin ("Mellin"), Stephen L. Millham ("Millham"), Meridee A. Moore
("Moore"), Thomas F. Steyer ("Steyer") and Mark C. Wehrly ("Wehrly").
Boilini, Cohen, Downes, Duhamel, Fremder, Fried, Mellin, Millham, Moore,
Steyer and Wehrly are together referred to herein as the "Individual Reporting
Persons."
The citizenship of each of the Partnerships, the General Partner and the
Management Company is set forth above. Each of the Individual Reporting Persons
is a United States citizen other than Enrique H. Boilini who is an Argentinean
citizen.
The address of the principal business office of each of the Reporting
Persons other than Enrique Boilini is c/o Farallon Capital Management, L.L.C.,
One Maritime Plaza, Suite 1325, San Francisco, California 94111. The address of
Enrique Boilini is c/o Farallon Capital Management, L.L.C., 75 Holly Hill Lane,
Greenwich, Connecticut 06830.
Item 3. If This Statement Is Filed Pursuant To Sections 240.13d-1(b) or
240.13d-2(b) or (c), Check Whether The Person Filing Is An Entity Specified
in (a) - (j):
Not Applicable.
If This Statement Is Filed Pursuant To Section 240.13d-1(c), Check
This Box. [X]
Item 4. Ownership
The information required by Items 4(a) - (c) and set forth in Rows 5
through 11 of the cover page for each Reporting Person hereto is incorporated
herein by reference for each such Reporting Person.
The Debentures in respect of which each Partnership is deemed to
beneficially own Series L Shares are owned directly by each such Partnership and
those reported by the Management Company on behalf of the Managed Accounts are
owned directly by the Managed Accounts. The General Partner, as general partner
to the Partnerships, may be deemed the beneficial owner of the Series L Shares
beneficially owned by the Partnerships. The Management Company, as investment
adviser to the Managed Accounts, may be deemed the beneficial owner of the
Series L Shares beneficially owned by the Managed Accounts. The Individual
Reporting Persons, as managing members of both the General Partner and/or the
Management Company, may each be
Page 23 of 26
<PAGE>
deemed to be the beneficial owner of all such Series L Shares beneficially owned
by the Partnerships and the Managed Accounts. Each of the Management Company,
the General Partner and the Individual Reporting Persons hereby disclaims any
beneficial ownership of any such Series L Shares.
Item 5. Ownership Of Five Percent Or Less Of A Class
Not Applicable.
Item 6. Ownership Of More Than Five Percent On Behalf Of Another Person
Not Applicable.
Item 7. Identification And Classification Of The Subsidiary Which Acquired The
Security Being Reported On By The Parent Holding Company
Not Applicable.
Item 8. Identification And Classification Of Members Of The Group
Not Applicable.
Item 9. Notice Of Dissolution Of Group
Not Applicable.
Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held
for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are not
held in connection with or as a participant in any transaction having that
purpose or effect.
Page 24 of 26
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: June 8, 2000
/S/ Joseph F. Downes
----------------------------------------
FARALLON PARTNERS, L.L.C.,
on its own behalf and as General Partner of
FARALLON CAPITAL PARTNERS, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS II, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS III, L.P.,
And TINICUM PARTNERS, L.P.,
By Joseph F. Downes
Managing Member
/S/ Joseph F. Downes
----------------------------------------
FARALLON CAPITAL MANAGEMENT, L.L.C.
By Joseph F. Downes
Managing Member
/S/ Joseph F. Downes
----------------------------------------
Joseph F. Downes, individually and as
attorney-in-fact for each of Enrique H. Boilini,
David I. Cohen, William F. Duhamel,
Andrew B. Fremder, Richard B. Fried,
William F. Mellin, Stephen L. Millham,
Meridee A. Moore, Thomas F. Steyer
and Mark C. Wehrly.
The Powers of Attorney, each executed by Boilini, Cohen, Fremder, Mellin,
Millham, Moore and Steyer authorizing Downes to sign and file this Schedule 13G
on each person's behalf, which were filed with Amendment No. 1 to the Schedule
13D filed with the Securities and Exchange Commission on January 20, 1998, by
such Reporting Persons with respect to the Units of Spiros Development
Corporation II, Inc., are hereby incorporated by reference. The Powers of
Attorney, each executed by Duhamel and Fried authorizing Downes to sign and file
this Schedule 13G on each person's behalf, which were filed with Amendment No. 7
to the Schedule 13D filed with the Securities and Exchange Commission on
February 9, 1999 by such Reporting Persons with respect to the Callable Class A
Common Stock of Crescendo Pharmaceuticals Corporation, are hereby incorporated
by reference. The Power of Attorney executed by Mark C. Wehrly authorizing
Downes to sign and file this Schedule 13G on his behalf, which was filed with
Amendment No. 4 to the Schedule 13D filed with the Securities and Exchange
Commission on January 18, 2000, by such Reporting Person with respect to the
Class
Page 25 of 26
<PAGE>
A Common Stock of Momentum Business Applications, Inc., is hereby incorporated
by reference.
Page 26 of 26
