EXHIBIT 16.1
Price Waterhouse Firma miembro de PricewaterhouseCoopers
Santiago de Chile
Huerfanos 863 - Piso 4
Casilla Correo 3337
Telefono (561](2) 6610000
Fax [561](2) 6333329
June 29, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Commissioners:
We have read the statements made by Andean Development Corporation (copy
attached), which we understand was filed with the Commission, pursuant to Item 4
of Form 8-K, as part of the Company's Form 8-K report dated June 19, 2000. We
agree with the statements concerning our Firm in such Form 8-K, except that we
make no representation with respect to the statements made in the third
paragraph. It should be noted that firm referred to should be Price Waterhouse
and not PricewaterhouseCoopers.
Very truly yours,
Price Waterhouse
/s/ Guido Licci P.
Guido Licci P.
Partner
