<SEC-DOCUMENT>0001292814-12-000770.txt : 20120329
<SEC-HEADER>0001292814-12-000770.hdr.sgml : 20120329
<ACCEPTANCE-DATETIME>20120329090034
ACCESSION NUMBER:		0001292814-12-000770
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		7
CONFORMED PERIOD OF REPORT:	20111231
FILED AS OF DATE:		20120329
DATE AS OF CHANGE:		20120329

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COCA COLA FEMSA SAB DE CV
		CENTRAL INDEX KEY:			0000910631
		STANDARD INDUSTRIAL CLASSIFICATION:	BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12260
		FILM NUMBER:		12722356

	BUSINESS ADDRESS:	
		STREET 1:		GUILLERMO GONZALEZ CAMARENA NO. 600
		STREET 2:		COL. CENTRO DE CIUDAD SANTA FE
		CITY:			DELEGACION ALVARO OB
		STATE:			O5
		ZIP:			DF 01210
		BUSINESS PHONE:		5255335300

	MAIL ADDRESS:	
		STREET 1:		GUILLERMO GONZALEZ CAMARENA NO. 600
		STREET 2:		COL. CENTRO DE CIUDAD SANTA FE
		CITY:			DELEGACION ALVARO OB
		STATE:			O5
		ZIP:			DF 01210

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COCA COLA FEMSA SA DE CV
		DATE OF NAME CHANGE:	19930814
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>kofpr4q11_6k.htm
<DESCRIPTION>PR 4Q11
<TEXT>

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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="'Times New Roman,serif'"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 13pt" lang=EN-US face="'Times New Roman,serif'">UNITED STATES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 13pt" lang=EN-US face="'Times New Roman,serif'">SECURITIES AND EXCHANGE COMMISSION</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt"><B><FONT style="FONT-SIZE: 13pt" lang=EN-US face="'Times New Roman,serif'">Washington, D.C. 20549</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt"><B><FONT style="FONT-SIZE: 14pt" lang=EN-US face="'Times New Roman,serif'">FORM 6-K</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 13pt" lang=EN-US face="'Times New Roman,serif'">REPORT OF FOREIGN PRIVATE ISSUER</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 13pt" lang=EN-US face="'Times New Roman,serif'">PURSUANT TO RULE 13a-16 OR 15d-16 UNDER</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt"><B><FONT style="FONT-SIZE: 13pt" lang=EN-US face="'Times New Roman,serif'">THE SECURITIES EXCHANGE ACT OF 1934</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face="'Times New Roman,serif'">For the month of&nbsp;March 2012<BR>Commission File Number </FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Times,serif>1-12260</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="'Times New Roman,serif'"></FONT>&nbsp;</P>

<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; MARGIN-LEFT: 9pt; BORDER-TOP: medium none; MARGIN-RIGHT: 9pt; BORDER-RIGHT: medium none; PADDING-TOP: 0in">

<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" align=center><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Times,serif>COCA-COLA FEMSA, S.A.B. de C.V.</FONT></B></P></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">(Translation of registrant&#8217;s name into English)</FONT></P>

<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; MARGIN-LEFT: 9pt; BORDER-TOP: medium none; MARGIN-RIGHT: 9pt; BORDER-RIGHT: medium none; PADDING-TOP: 0in">

<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" align=center><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face="'Times New Roman,serif'">United Mexican States</FONT></B></P></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">(Jurisdiction of incorporation or organization)</FONT></P>

<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; MARGIN-LEFT: 9pt; BORDER-TOP: medium none; MARGIN-RIGHT: 9pt; BORDER-RIGHT: medium none; PADDING-TOP: 0in">

<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" align=center><B><FONT style="FONT-SIZE: 12pt" lang=ES face=Times,serif>Guillermo Gonz&#225;lez Camarena No. 600<BR>Col. Centro de Ciudad Santa F&#233;<BR>Delegaci&#243;n Alvaro Obreg&#243;n<BR>M&#233;xico, D.F. 01210</FONT></B></P>

<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" align=center><B><FONT style="FONT-SIZE: 12pt" lang=ES face=Times,serif>M&#233;xico</FONT></B></P></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">(Address of principal executive offices)</FONT></P>

<P style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 8pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 8pt" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">Form 20-F</FONT><U><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">&nbsp;X&nbsp;</FONT></U><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">&nbsp; Form 40-F </FONT><U><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U></P>

<P style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 8pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) </FONT></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 8pt" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">Yes</FONT><U><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">No</FONT><U><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">&nbsp; X&nbsp;</FONT></U></P>

<P style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 8pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) </FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 8pt" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">Yes</FONT><U><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">No</FONT><U><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">&nbsp; X&nbsp;</FONT></U></P>

<P style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 8pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 8pt" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">Yes</FONT><U><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">No</FONT><U><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">&nbsp; X&nbsp;</FONT></U></P>

<P style="TEXT-INDENT: 30pt; MARGIN: 0in 0in 8pt 6pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">If "Yes" is marked, indicate below the file number assigned to the registrant in connection with</FONT></P>

<P style="TEXT-INDENT: 0pt; MARGIN: 0in 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="'Times New Roman,serif'">Rule 12g3-2(b): 82-__.</FONT></P>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT color=#ffffff><B><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 9pt">Stock Listing Information</FONT></B></FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: justify"><B><FONT size=4 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Coca-Cola FEMSA presents 2011 Financial Information under International Financial Reporting Standards (IFRS)</FONT></B></P></FONT></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">Mexican Stock Exchange</FONT></FONT></FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">Ticker: KOFL</FONT></FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: justify"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"><BR>Mexico City, Mexico &#8211; March 29, 2012 </FONT></B><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&#8211; Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOFL; NYSE: KOF) (&#8220;Coca-Cola FEMSA&#8221; or the &#8220;Company&#8221;), the largest public bottler of Coca-Cola products in the world, presents its quarterly and full year 2011 results under International Financial Reporting Standards (IFRS).</FONT></P>

   <P style="TEXT-ALIGN: justify"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Background Information</FONT></B></P>

   <P style="TEXT-ALIGN: justify"><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Beginning in 2012, Mexican companies with securities listed on the Mexican National Securities&#8217; Registry (</FONT><I><FONT size=2 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">Registro Nacional de Valores</FONT></I><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">) of the Mexican National Banking and Securities Commission (</FONT><I><FONT size=2 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">Comisi&#243;n Nacional Bancaria y de Valores</FONT></I><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">), are required to prepare their financial statements in accordance with International Financial Reporting Standards (&#8220;IFRS&#8221;) issued by the International Accounting Standards Board (&#8220;IASB&#8221;).</FONT></P>

   <P style="TEXT-ALIGN: justify"><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The information contained in this document is based on audited financial results for the year ended December 31, 2011 prepared in accordance with the Mexican Financial Reporting Standards (</FONT><I><FONT size=2 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">Normas de Informaci&#243;n Financiera Mexicana </FONT></I><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">or &#8220;MFRS&#8221;) that have been translated to IFRS.</FONT></P>

   <P style="TEXT-ALIGN: justify"><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">For comparison purposes, the Company&#8217;s transition date is January 1, 2011, and the Company has applied the provisions of IFRS 1 for the presentation of its financial results.</FONT></P>

   <P style="TEXT-ALIGN: justify"><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">For more information, please refer to the notes to Coca-Cola FEMSA&#8217;s 2011 financial statements, contained in its annual report.</FONT></P>

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   <P style="TEXT-ALIGN: center"><FONT style="FONT-FAMILY: Times New Roman" size=2>***</FONT></P>

   <P style="TEXT-ALIGN: justify"><FONT style="FONT-FAMILY: Times New Roman" size=2></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: justify"><FONT style="FONT-FAMILY: Times New Roman" size=2>Coca-Cola FEMSA, S.A.B. de C.V. produces and distributes Coca-Cola, Fanta, Sprite, Del Valle, and other trademark beverages of The Coca-Cola Company in Mexico (a substantial part of central Mexico, including Mexico City, the southeast and northeast Mexico), Guatemala (Guatemala City and surrounding areas), Nicaragua (nationwide), Costa Rica (nationwide), Panama (nationwide), Colombia (most of the country), Venezuela (nationwide), Brazil (greater S&#227;o Paulo, Campi&#241;as, Santos, the state of Mato Grosso do Sul, part of the state of Goias, and part of the state of Minas Gerais), and Argentina (Buenos Aires and surrounding areas), along with bottled water, juices, teas, isotonics, beer, and other beverages in some of these territories. The Company has 35 bottling facilities in Latin America and serves more than 1,700,000 retailers in the region.</FONT></P>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">NYSE (ADR)</FONT></FONT></FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">Ticker: KOF</FONT></FONT></FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT color=#ffffff><FONT color=#ffffff size=1><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">Ratio of KOF L to KOF = 10:1</FONT></FONT></FONT></FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt"><STRONG><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 9pt">For Further Information:</FONT></STRONG></FONT></FONT></FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT color=#ffffff><B><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 9pt">Investor Relations</FONT></B></FONT></FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">&nbsp; </FONT></FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">Jos&#233; Castro</FONT></FONT></FONT></P></TD>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><U><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">jose.castro@kof.com.mx</FONT></U></FONT></P></TD>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">(5255) 5081-5120 / 5121</FONT></FONT></FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">&nbsp; </FONT></FONT></FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">Roland Karig</FONT></FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt"><FONT color=#ffffff><U><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">roland.karig@kof.com.mx</FONT></U></FONT></FONT></FONT></FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt"><FONT color=#ffffff><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">(5255) 5081-5186</FONT></FONT></FONT></FONT></FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">&nbsp;&nbsp; </FONT></FONT></FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">Carlos Uribe</FONT></FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt"><U><FONT style="FONT-FAMILY: Arial">carlos.uribe@kof.com.mx</FONT></U></FONT></FONT></FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">(5255) 5081-5148</FONT></FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><FONT color=#ffffff><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">Website:</FONT></FONT></FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 4pt"><FONT color=#ffffff><U><FONT style="FONT-FAMILY: Arial; FONT-SIZE: 8pt">www.coca-colafemsa.com</FONT></U></FONT></P></TD></TR>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 112.95pt 0pt 0in"><B><FONT style="FONT-SIZE: 15.5pt" lang=EN-US face=24>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></B>&nbsp;</P>

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   <P style="TEXT-ALIGN: justify; MARGIN-LEFT: 10pt"><B><FONT color=#808080 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">March 29, 2012</FONT></B></P></TD>

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   <P style="MARGIN-RIGHT: 10pt"><B><FONT color=#808080 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Page 1</FONT></B></P></TD></TR></TABLE></P>

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<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"><BR>Significant Accounting Effects</FONT></B></P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Fixed Assets (Property, Plant and Equipment (PPE) &#8211; Valuation</FONT></B></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Company valued its fixed assets at their historical costs in all countries, except for Venezuela, where the historical cost was the cost as of the acquisition date, restated pursuant to the rate of inflation (because such country is considered a hyperinflationary economy).</FONT></P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Intangible Assets &#8211; Valuation</FONT></B></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Company valued its intangible assets at their historical costs.</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">With regards to IAS (International Accounting Standard) 38 &#8220;Intangible Assets&#8221;, the Company identified certain intangible assets that do not meet the requirements to be considered as such under IFRS, mainly launching costs for new products. As such, costs are recognized in our results at the moment they are incurred in.</FONT></P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Differed Income Tax &#8211; Calculation</FONT></B></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The adjustments under IFRS recognized by the Company affected the calculation of the differed income tax, in terms of the provisions of IAS 12, &#8220;Income Tax&#8221;.</FONT></P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Presentation of Financial Statements &#8211; Changes in the Presentation of Financial Statements</FONT></B></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">In terms of IAS 1 &#8220;Presentation of Financial Statements&#8221;, the operating income line is not required under IFRS; nevertheless, we will continue to include this line for the benefit of the reader, as a non-GAAP item.</FONT></P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Other Expenses and Other Products - Recognition as Operating Expenses</FONT></B></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Several accounting items that were not included in the results of operations will be reclassified as part of the results of operations under IFRS. These accounting items will include employee profit sharing (</FONT><I><FONT size=2 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">participaci&#243;n de los trabajadores en las utilidades </FONT></I><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">or </FONT><I><FONT size=2 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">PTU</FONT></I><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">), restructuring costs, fixed assets sales/retirement and the equity method in operative investments.</FONT></P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Employment Termination &#8211; Cancelation of the Liabilities for Indemnifications</FONT></B></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Under IFRS, the costs related to employment termination will be recognized in the results as of the moment that an agreement has been reached to terminate the employment with the employee. In terms of the foregoing, as of the transition date, the Company has canceled its liabilities for indemnifications.</FONT></P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Inflation &#8211; Determination of Hyperinflationary Economies</FONT></B></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">In terms of NIF B-10 &#8220;Recognition of Inflation&#8221;, the inflationary effects of the financial information must be recognized when the economy is considered to be inflationary, i.e., when accumulated inflation for the three previous years is equal to or greater than 26%. Furthermore, pursuant to IAS 29, an economy is hyperinflationary when accumulated inflation for the three previous years is close to or exceeds 100% (among other economic indicators). The Company has eliminated the inflationary effects that were previously registered in Mexico for the years 1998 through 2007. For foreign subsidiaries, the accumulated inflation, as of the acquisition date was eliminated (except for Venezuela, which is considered to be a hyperinflationary economy), as of the date when the Company started consolidating them.</FONT></P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Presentation of information under Generally Accepted Accounting Principles in the United States of America (U.S. GAAP)</FONT></B></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">As a result of the process for adopting IFRS, annual financial information will not be presented under Generally Accepted Accounting Principles in the United States of America (U.S. GAAP).</FONT></P>

<P style="TEXT-ALIGN: center"><FONT style="FONT-FAMILY: Times New Roman" size=2></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center"><FONT style="FONT-FAMILY: Times New Roman" size=2>(7 pages of tables to follow)</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN-LEFT: 10pt"><B><FONT color=#808080 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">March 29, 2012</FONT></B></P></TD>

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   <TD width="28%" align=left><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Consolidated Balance Sheet</FONT></B>&nbsp;</TD>

   <TD width="3%" align=left>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="3%" align=left></TD>

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   <TD style="BORDER-BOTTOM: #000000 2px solid" width="28%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Expressed in millions of Mexican pesos.</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="3%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid; TEXT-INDENT: 1px" width="9%" align=center><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">MFRS</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Adjust.&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="3%" align=center>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid; TEXT-INDENT: 2px" width="9%" align=center><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">IFRS</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="3%" align=center>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid; TEXT-INDENT: 1px" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">MFRS</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Adjust.</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="3%" align=center><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid; TEXT-INDENT: 2px" width="9%" align=center><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">IFRS</FONT></B>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR>

   <TD width="100%" colSpan=13>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #000000 1px solid" width="28%" align=left><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Assets</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp;&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">31-Dec-11</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">&nbsp;&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">31-Dec-11</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="12%" colSpan=2 align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">01-Jan-11</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">01-Jan-11</FONT></B>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="28%" align=left><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Current Assets</FONT></B>&nbsp;</TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=right>&nbsp;</TD>

   <TD width="9%" align=right>&nbsp;</TD>

   <TD width="3%" align=center></TD>

   <TD width="9%" align=right>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=right>&nbsp;</TD>

   <TD width="9%" align=right>&nbsp;</TD>

   <TD width="3%" align=center></TD>

   <TD width="9%" align=right>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Cash, cash equivalents and marketable securities</FONT>&nbsp;</TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Ps.</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">12,661</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(488)</FONT>&nbsp;</TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Ps.</FONT></TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">12,173</FONT>&nbsp;</TD>

   <TD width="1%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Ps.</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">12,534</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(392)&nbsp;</FONT></TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Ps.</FONT></TD>

   <TD style="TEXT-INDENT: 3px" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">12,142 (A)</FONT>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Total accounts receivable</FONT>&nbsp;</TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">8,634</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(2)</FONT>&nbsp;</TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">8,632</FONT>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">6,363</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(2)</FONT>&nbsp;</TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">6,361</FONT>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Inventories</FONT>&nbsp;</TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">7,573</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(24)</FONT>&nbsp;</TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">7,549</FONT>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5,007</FONT>&nbsp;</TD>

   <TD width="9%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">-</FONT>&nbsp;</TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5,007</FONT>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Other current assets</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3,206</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">478</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3,684</FONT>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,532</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">356</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 5px" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,888</FONT>&nbsp;</TD>

   <TD width="5%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=1>(A)&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Total current assets</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">32,074</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(36)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">32,038</FONT>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">26,436</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(38)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">26,398</FONT>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="28%" align=left><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Property, plant and equipment</FONT></B>&nbsp;</TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=right>&nbsp;</TD>

   <TD width="9%" align=right>&nbsp;</TD>

   <TD width="3%" align=center></TD>

   <TD width="9%" align=right>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=right>&nbsp;</TD>

   <TD width="9%" align=right>&nbsp;</TD>

   <TD width="3%" align=center></TD>

   <TD width="9%" align=right>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Property, plant and equipment</FONT>&nbsp;</TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">73,309</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(8,664)</FONT>&nbsp;</TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">64,645</FONT>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">57,104</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(8,134)</FONT>&nbsp;</TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">48,970</FONT>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Accumulated depreciation</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp;&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(31,807)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5,104</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(26,703)</FONT>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(25,230)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4,492</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(20,738)</FONT>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Total property, plant and equipment, net</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp;&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">41,502</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(3,560)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">37,942</FONT>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">31,874</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(3,642)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">28,232</FONT>&nbsp;</TD>

   <TD width="5%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(B)(C)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Other non-current assets</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp;&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">78,032</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(7,498)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">70,534</FONT>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">55,751</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(6,881)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">48,870</FONT>&nbsp;</TD>

   <TD width="5%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(C)(D)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="28%" align=left><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Total Assets</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="3%" align=center><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Ps.</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">151,608 &nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">(11,094)&nbsp;</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="3%" align=center><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Ps.&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">140,514</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="3%" align=center><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Ps.</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">114,061 </FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">(10,561)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="3%" align=center><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Ps.</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">103,500</FONT></B>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR>

   <TD width="100%" colSpan=13>&nbsp;</TD></TR>

<TR>

   <TD width="100%" colSpan=13>&nbsp;</TD></TR>

<TR height=20>

   <TD width="28%" align=left><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD width="3%" align=center></TD>

   <TD width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD width="3%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD width="1%" align=center></TD>

   <TD width="3%" align=center></TD>

   <TD width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD width="3%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">&nbsp;</FONT></B></TD>

   <TD width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD width="5%" align=left></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-TOP: #000000 2px solid" width="28%" align=left><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Liabilities and Shareholders' Equity</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-TOP: #000000 2px solid" width="3%" align=center>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-TOP: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">31-Dec-11</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-TOP: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Adjust.</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-TOP: #000000 2px solid" width="3%" align=center><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-TOP: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">31-Dec-11</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-TOP: #000000 2px solid" width="3%" align=center>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-TOP: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">01-Jan-11</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-TOP: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Adjust.</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-TOP: #000000 2px solid" width="3%" align=center><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-TOP: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">01-Jan-11</FONT></B>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="28%" align=left><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Current Liabilities</FONT></B>&nbsp;</TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="3%" align=center></TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="3%" align=center></TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Short-term bank loans and notes</FONT>&nbsp;</TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Ps.</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5,540</FONT>&nbsp;</TD>

   <TD width="9%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">-</FONT>&nbsp;</TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Ps.</FONT></TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5,540</FONT>&nbsp;</TD>

   <TD width="1%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Ps.</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1,840</FONT>&nbsp;</TD>

   <TD width="9%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">-</FONT>&nbsp;</TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Ps.</FONT></TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1,840</FONT>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Suppliers</FONT>&nbsp;</TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">11,852</FONT>&nbsp;</TD>

   <TD width="9%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">-</FONT>&nbsp;</TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">11,852</FONT>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">8,988</FONT>&nbsp;</TD>

   <TD width="9%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">-</FONT>&nbsp;</TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">8,988</FONT>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Other current liabilities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">7,685</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">11</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">7,696</FONT>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp;&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">6,818</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">7</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">6,825</FONT>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Total Current Liabilities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp;&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">25,077</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">11</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">25,088</FONT>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">17,646</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">7</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">17,653</FONT>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Long-term bank loans</FONT>&nbsp;</TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">17,034</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(56)</FONT>&nbsp;</TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">16,978</FONT>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">15,511</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(56)</FONT>&nbsp;</TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">15,455</FONT>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Other long-term liabilities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">8,717</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(3,322)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5,395</FONT>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp;&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">7,023</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(1,816)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5,207</FONT>&nbsp;</TD>

   <TD width="5%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(D)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Total Liabilities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp;&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">50,828</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(3,367)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">47,461</FONT>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp;&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">40,180</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(1,865)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">38,315</FONT>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="28%" align=left><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Shareholders' Equity</FONT></B>&nbsp;</TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="3%" align=center></TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="3%" align=center></TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Non-controlling interest</FONT>&nbsp;</TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3,089</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(13)</FONT>&nbsp;</TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3,076</FONT>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD width="3%" align=center>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,602</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(30)</FONT>&nbsp;</TD>

   <TD width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,572</FONT>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Total controlling interest</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">97,691</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(7,714)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">89,977</FONT>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp;&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">71,279</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(8,666)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">62,613</FONT>&nbsp;</TD>

   <TD width="5%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(C)(D)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="28%" align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Total shareholders' equity</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp;&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">100,780</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(7,727)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">93,053</FONT>&nbsp;</TD>

   <TD width="1%" align=center></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center>&nbsp;&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">73,881</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(8,696)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="9%" align=right><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">65,185</FONT>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="28%" align=left><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Liabilities and Shareholders' Equity</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="3%" align=center><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Ps.</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">151,608</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="9%" align=right><STRONG><FONT size=1>(11,094)</FONT></STRONG>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="3%" align=center><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Ps.&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">140,514</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="3%" align=center><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Ps.</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">114,061&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="9%" align=right><STRONG><FONT size=1>(10,561)</FONT></STRONG>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="3%" align=center><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"><STRONG>&nbsp;Ps.</STRONG><FONT size=3>&nbsp;</FONT><STRONG>&nbsp;</STRONG></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="9%" align=right><B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">103,500</FONT></B>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR>

   <TD width="100%" colSpan=13>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="49%" colSpan=4 align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(A) Reclassification of Restrictive Cash and marketable securities to Other current assets.</FONT>&nbsp;</TD>

   <TD width="3%" align=left></TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD width="3%" align=left>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="3%" align=left></TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="61%" colSpan=6 align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(B) Reclassification of leasehold improvements from other assets to Property, plant and equipment, net.</FONT>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD width="3%" align=left>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="3%" align=left></TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="5%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=13 align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(C) Elimination of Inflation effects (valuing at historical cost)of Property, Plant and Equipment, Intangible Assets and Other Assets related to economies that, under IFRS,</FONT>&nbsp;<FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">are considered as Non-hiperinflationary</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="95%" colSpan=12 align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(D) Recalculation of deferred income tax</FONT></TD>

   <TD width="5%" align=left>&nbsp;</TD></TR></TABLE></DIV>

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   <P style="TEXT-ALIGN: justify; MARGIN-LEFT: 10pt"><B><FONT color=#808080 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">March 29, 2012</FONT></B></P></TD>

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   <P style="MARGIN-RIGHT: 10pt"><B><FONT color=#808080 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Page <FONT size=2 face="Times New Roman">3</FONT></FONT></B></P></TD></TR></TABLE></DIV>

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   <TD width="51%" align=left><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#333333>Consolidated Income Statement</FONT></B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD width="1%" align=left></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 7pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 7pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 7pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 7pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 7pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 7pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #000000 2px solid" width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Expressed in millions of Mexican pesos</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"><SUP><FONT color=#333333>(1)</FONT></SUP>&nbsp;</FONT></TD>

   <TD width="1%" align=right><B><FONT color=#333333></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="16%" colSpan=2 align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>MFRS</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="8%" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Adjust.</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="16%" colSpan=2 align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>IFRS</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="1%" align=left><B><FONT color=#333333></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>2011</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>% Ing</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>2011</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>% Ing</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Volume (million unit cases) </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"><SUP><FONT color=#333333>(2)</FONT></SUP>&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>2,648.7</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 3px" width="8%" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>-</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>2,648.7</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Average price per unit case </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"><SUP><FONT color=#333333>(2)</FONT></SUP>&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>45.38</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(0.54)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>44.84</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Net revenues</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>124,066</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(1,428)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>122,638</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(A)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Other operating revenues</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>649</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(63)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>586</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(A)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Total revenues</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>124,715</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>100%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(1,491)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>123,224</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>100%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(A)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Cost of goods sold</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>67,488</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>54.1%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(803)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>66,685</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>54.1%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(A)(B)(C)(D)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Gross profit</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>57,227</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>45.9%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(688)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>56,539</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>45.9%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Operating expenses</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>37,075</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>29.7%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>58</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>37,133</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>30.1%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(A)(B)(C)(D)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Other operative expenses, net</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="1%" align=center><FONT color=#333333></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>-</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>0.0%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>667</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>667</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>0.5%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(E)(F)(G)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Operating income </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"><SUP><FONT color=#333333>(3)</FONT></SUP>&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>20,152</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>16.2%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(1,413)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>18,739</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>15.2%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Other non operative expenses, net</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>2,326</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(1,849)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>477</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(C)(E)(F)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3px" width="51%" align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Interest expense</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></P></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>1,736</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(63)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>1,673</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 3px" width="51%" align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Interest income</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></P></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>601</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(24)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>577</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3px" width="51%" align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Interest expense, net</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></P></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>1,135</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(39)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>1,096</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3px" width="51%" align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Foreign exchange loss (gain)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></P></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(62)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>174</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>112</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(G)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3px" width="51%" align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Gain on monetary position in Inflationary subsidiries</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></P></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(155)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>94</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(61)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(A)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 3px" width="51%" align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Market value (gain) loss on ineffective portion of</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT>derivative instruments</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></P></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>140</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(2)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>138</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(H)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Comprehensive financing result</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>1,058</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>227</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>1,285</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Income before taxes</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>16,768</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>209</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>16,977</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Income taxes</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>5,599</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>4</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>5,603</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(I)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #000000 1px solid" width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Consolidated net income</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>11,169</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>205</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>11,374</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #000000 1px solid" width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Net controlling interest income</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>10,615</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>8.5%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>204</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>10,819</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>8.8%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #000000 1px solid" width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Net non-controlling interest income</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>554</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>1</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>555</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

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   <TD width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Operating income </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"><SUP><FONT color=#333333>(3)</FONT></SUP>&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>20,152</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>16.2%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(1,413)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>18,739</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>15.2%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

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   <TD width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Depreciation</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>3,269</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>486</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>3,755</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(B)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #000000 1px solid" width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Amortization and other operative non-cash charges</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>1,577</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(671)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>906</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(D)(E)(F)(G)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #000000 1px solid" width="51%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Operative cash flow </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"><SUP><FONT color=#333333>(4)</FONT></SUP>&nbsp;</FONT></TD>

   <TD width="1%" align=right><FONT color=#333333></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>24,998</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>20.0%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(1,598)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>23,400</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="8%" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>19.0%</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

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   <TD width="100%" colSpan=8 align=left><SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(1) </FONT></SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"><FONT color=#333333>Except volume and average price per unit case figures.</FONT></FONT> <FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT></TD></TR>

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   <TD width="100%" colSpan=8 align=left><SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(2) </FONT></SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"><FONT color=#333333>Sales volume and average price per unit case exclude beer sales results</FONT></FONT> <FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT></TD></TR>

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   <TD width="100%" colSpan=8 align=left><SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(3) </FONT></SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"><FONT color=#333333>The Operating income line is presented as a non-GAAP measure for the convenience of the reader</FONT></FONT> <FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT></TD></TR>

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   <TD width="100%" colSpan=8 align=left><SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>(4) </FONT></SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"><FONT color=#333333>Operative cash flow = Operating Income + depreciation, amortization &amp; other operative non-cash charges.</FONT></FONT> <FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT></TD></TR>

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   <TD style="TEXT-INDENT: 1px" width="100%" colSpan=8 align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Since October 2011, we integrated Grupo Tampico in the operations of Mexico.</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT> <FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #000000 2px solid; TEXT-INDENT: 1px" width="92%" colSpan=7 align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>Since December 2011, we integrated Grupo CIMSA in the operations of Mexico.</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT> <FONT style="FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT></TD>

   <TD width="8%" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></TD></TR>

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   <TD width="100%" colSpan=8 align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=#333333>IFRS Adjustments:</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT> <FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT></TD></TR>

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   <TD width="100%" colSpan=8 align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(A) Elimination of inflation effects recognized on non hiperinflationary economies under IFRS (Nicaragua, Costa Rica and Argentina).</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT> <FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT></TD></TR>

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   <TD width="100%" colSpan=8 align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(B) Change on depreciation and amortization based on new balance of Assets.</FONT> <FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT></TD></TR>

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   <TD width="100%" colSpan=8 align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(C) Reclassification of Employee Profit Sharing from other non operative expenses to cost of sales and administrative and selling expenses.</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT> <FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT></TD></TR>

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   <TD width="100%" colSpan=8 align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(D) Elimination of provisions of severance, labor cost of past services and actuarial gain or loss.</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT> <FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT></TD></TR>

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   <TD width="100%" colSpan=8 align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(E) Reclassification of equity method related with operative investments.</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT> <FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT></TD></TR>

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   <TD width="100%" colSpan=8 align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(F) The expenses related to severance payments resulting from restructuring programs , sales, write-off and imparment of long live assets and sales of materials</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;<FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">were reclassified from other non operative expense to other operative expenses.</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;</FONT></FONT></TD></TR>

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   <TD width="100%" colSpan=8 align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(G) Reclassification of Operative Foreign exchange (loss) gain from Integral result of financing to other operative (expenses) income.</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT> <FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT></TD></TR>

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   <TD width="100%" colSpan=8 align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(H) Elimination of Embedded Financial derivatives</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT> <FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT></TD></TR>

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   <TD width="100%" colSpan=8 align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(I) Recalculation of deferred income tax</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT> <FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"></FONT></TD></TR></TABLE></DIV>

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   <P style="TEXT-ALIGN: justify; MARGIN-LEFT: 10pt"><B><FONT color=#808080 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">March 29, 2012</FONT></B></P></TD>

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   <P style="MARGIN-RIGHT: 10pt"><B><FONT color=#808080 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Page <FONT size=2 face="Times New Roman">4</FONT></FONT></B></P></TD></TR></TABLE></DIV>

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   <TD width="40%" align=left><B><FONT color=#333333 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Consolidated Income Statement</FONT></B>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

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   <TD style="BORDER-BOTTOM: #000000 2px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Expressed in millions of Mexican pesos</FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(1)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid; TEXT-INDENT: 4px" width="14%" colSpan=2 align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">IFRS</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid; TEXT-INDENT: 4px" width="14%" colSpan=2 align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">IFRS</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid; TEXT-INDENT: 4px" width="14%" colSpan=2 align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">IFRS</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="14%" colSpan=2 align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">IFRS</FONT></B>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">1Q 11&nbsp;</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><STRONG><FONT color=#333333 size=1>% Ing</FONT></STRONG>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">2Q 11&nbsp;</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><STRONG><FONT color=#333333 size=1>% Ing</FONT></STRONG>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">3Q 11&nbsp;</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><STRONG><FONT color=#333333 size=1>% Ing</FONT></STRONG>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">4Q 11&nbsp;</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><STRONG><FONT color=#333333 size=1>% Ing</FONT></STRONG>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Volume (million unit cases) </FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(2)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">604.8</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">665.6</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">645.9</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">732.3</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Average price per unit case </FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(2)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">40.98</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">41.19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">44.89</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">47.38</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Net revenues</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">25,725</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">28,267</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">29,936</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">35,897</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Other operating revenues</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">128</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">121</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">141</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">193</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Total revenues</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">25,853</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">100%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">28,388</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">100%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">30,077</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">100%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">36,090</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">100%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Cost of goods sold</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">14,070</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">54.4%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">15,346</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">54.1%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">16,158</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">53.7%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">19,646</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">54.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Gross profit</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">11,783</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">45.6%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">13,042</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">45.9%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">13,919</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">46.3%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">16,444</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">45.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operating expenses</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">7,964</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">30.8%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">8,610</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">30.3%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">9,377</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">31.2%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">10,123</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">28.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Other operative expenses, net</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">0.0%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">27</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">0.1%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">28</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">0.1%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">608</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operating income </FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(3)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3,815</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">14.8%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4,405</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">15.5%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4,514</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">15.0%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5,713</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">15.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Other non operative expenses, net</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">44</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">59</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">99</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">272</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3px" width="40%" align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Interest expense</FONT>&nbsp;</P></TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">342</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">401</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">460</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">468</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 3px" width="40%" align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Interest income</FONT>&nbsp;</P></TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">94</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">146</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">201</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">129</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3px" width="40%" align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Interest expense, net</FONT>&nbsp;</P></TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">248</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">255</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">259</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">339</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3px" width="40%" align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Foreign exchange loss (gain)</FONT>&nbsp;</P></TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">13</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">68</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(57)</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">88</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3px" width="40%" align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Gain on monetary position in Inflationary subsidiries</FONT>&nbsp;</P></TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(3)</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(18)</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(35)</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 3px" width="40%" align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Market value (gain) loss on ineffective portion of<FONT color=#000000 size=3> </FONT>derivative instruments</FONT>&nbsp;</P></TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(61)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">13</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">281</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(96)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Comprehensive financing result</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">197</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">318</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">485</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">296</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Income before taxes</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3,574</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4,028</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3,930</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5,145</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Income taxes</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1,231</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1,244</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1,429</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1,603</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Consolidated net income</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,343</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,784</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,501</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3,542</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Net controlling interest income</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,235</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">8.6%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,676</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">9.4%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,302</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">7.7%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3,404</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">9.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Net non-controlling interest income</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">108</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">108</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">199</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">138</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operating income </FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(3)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3,815</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">14.8%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4,405</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">15.5%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4,514</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">15.0%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5,713</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">15.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Depreciation</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">845</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">875</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">885</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1,067</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Amortization and other operative non-cash charges</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">74</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">116</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">156</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">551</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operative cash flow </FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(4)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4,734</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">18.3%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5,396</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">19.0%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5,555</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">18.5%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">7,331</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">20.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=13 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(1) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Except volume and average price per unit case figures.</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=13 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(2) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Sales volume and average price per unit case exclude beer sales results</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=13 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(3) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Operating income line is presented as a non-GAAP measure for the convenience of the reader</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=13 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(4) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operative cash flow = Operating Income + depreciation, amortization &amp; other operative non-cash charges.</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 1px" width="100%" colSpan=13 align=left>

   <P style="LINE-HEIGHT: 15pt"><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;&nbsp;&nbsp; Since October 2011, we integrated Grupo Tampico in the operations of Mexico.</FONT></P></TD></TR>

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   <TD style="BORDER-BOTTOM: #000000 2px solid; TEXT-INDENT: 1px" width="100%" colSpan=13 align=left>

   <P style="LINE-HEIGHT: 15pt"><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;&nbsp;&nbsp; Since December 2011, we integrated Grupo CIMSA in the operations of Mexico.</FONT></P></TD></TR></TABLE></DIV>

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   <P style="TEXT-ALIGN: justify; MARGIN-LEFT: 10pt"><B><FONT color=#808080 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">March 29, 2012</FONT></B></P></TD>

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   <TD width="50%" align=left><B><FONT color=#333333 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Mexico &amp; Central America Division</FONT></B>&nbsp;</TD>

   <TD width="1%" align=left><B><FONT color=#333333 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD width="7%" align=left>&nbsp;</TD>

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   <TD style="BORDER-BOTTOM: #000000 2px solid" width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Expressed in millions of Mexican pesos</FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(1)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="14%" colSpan=2 align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">MFRS</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Adjust.</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="14%" colSpan=2 align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">IFRS</FONT></B>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #000000 1px solid" width="50%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">2011</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">% Ing</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">2011</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">% Ing</FONT></B>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Volume (million unit cases)</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1,510.8</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="7%" align=center><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">-</FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1,510.8</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Average price per unit case</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">34.39</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(0.34)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">34.06</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Net revenues</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">51,960</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(507)</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">51,453</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="14%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(A)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Other operating revenues</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">236</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(29)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">207</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="14%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(A)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Total revenues</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">52,196</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">100.0%</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(536)</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">51,660</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">100.0%</FONT>&nbsp;</TD>

   <TD width="14%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(A)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Cost of goods sold</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">27,421</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">52.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(338)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">27,083</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">52.4%</FONT>&nbsp;</TD>

   <TD width="14%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(A)(B)(C)(D)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Gross profit</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">24,775</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">47.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(198)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">24,577</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">47.6%</FONT>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operating expenses</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">15,869</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">30.4%</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">15,874</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">30.7%</FONT>&nbsp;</TD>

   <TD width="14%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(A)(B)(C)(D)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Other operative expenses, net</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">-</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">0.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">21</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">21</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">0.0%</FONT>&nbsp;</TD>

   <TD width="14%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(E)(F)(G)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operating income </FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(2)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">8,906</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">17.1%</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(224)</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">8,682</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">16.8%</FONT>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Depreciation, amortization &amp; other operative non-cash charges</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,278</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(279)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1,999</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3.9%</FONT>&nbsp;</TD>

   <TD width="14%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(B)(D)(E)(F)(G)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operative cash flow </FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(3)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">11,184</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">21.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(503)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">10,681</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">20.7%</FONT>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR>

   <TD width="100%" colSpan=8>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=8 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(1) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Except volume and average price per unit case figures.</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=8 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(2) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Operating income line is presented as a non-GAAP measure for the convenience of the reader</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=8 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(3) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operative cash flow = Operating Income + Depreciation, amortization &amp; other operative non-cash charges.</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 1px" width="100%" colSpan=8 align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;&nbsp;&nbsp; Since October 2011, we integrated Grupo Tampico in the operations of Mexico.</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #000000 2px solid; TEXT-INDENT: 1px" width="86%" colSpan=7 align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;&nbsp;&nbsp; Since December 2011, we integrated Grupo CIMSA in the operations of Mexico.</FONT></TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

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   <TD width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">IFRS Adjustments:</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=8 align=left>

   <P style="LINE-HEIGHT: 15px"><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(A) Elimination of inflation effects recognized on non hiperinflationary economies under IFRS (Nicaragua and Costa Rica) .</FONT></P></TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=8 align=left>

   <P style="LINE-HEIGHT: 15px"><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(B) Change on depreciation and amortization based on new balance of Assets.</FONT></P></TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=8 align=left>

   <P style="LINE-HEIGHT: 15px"><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(C) Reclassification of Employee Profit Sharing from other non operative expenses to cost of sales and administrative and selling expenses.</FONT></P></TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=8 align=left>

   <P style="LINE-HEIGHT: 15px"><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(D) Elimination of provisions of severance, labor cost of past services and actuarial gain or loss.</FONT></P></TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=8 align=left>

   <P style="LINE-HEIGHT: 15px"><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(E) Reclassification of equity method related with operative investments.</FONT></P></TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=8 align=left>

   <P style="LINE-HEIGHT: 15px"><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(F) The expenses related to severance payments resulting from restructuring programs , sales, write-off and imparment of long live assets and sales of materials</FONT>&nbsp;<FONT size=1>were reclassified from other non operative expense to other operative expenses.</FONT> </P></TD></TR>

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   <TD width="100%" colSpan=8 align=left>

   <P style="LINE-HEIGHT: 15px"><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(G) Reclassification of Operative Foreign exchange (loss) gain from Integral result of financing to other operative (expenses) income.</FONT></P></TD></TR></TABLE></DIV>

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   <P style="TEXT-ALIGN: justify; MARGIN-LEFT: 10pt"><B><FONT color=#808080 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">March 29, 2012</FONT></B></P></TD>

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   <P style="MARGIN-RIGHT: 10pt"><B><FONT color=#808080 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Page <FONT size=2 face="Times New Roman">6</FONT></FONT></B></P></TD></TR></TABLE></DIV>

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   <TD width="40%" align=left><B><FONT color=#333333 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Mexico &amp; Central America Division</FONT></B>&nbsp;</TD>

   <TD width="1%" align=left><B><FONT color=#333333 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD width="7%" align=left>&nbsp;</TD>

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   <TD style="BORDER-BOTTOM: #000000 2px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Expressed in millions of Mexican pesos</FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(1)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="14%" colSpan=2 align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">IFRS</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="14%" colSpan=2 align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">IFRS</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="14%" colSpan=2 align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">IFRS</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="14%" colSpan=2 align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">IFRS</FONT></B>&nbsp;</TD></TR>

<TR>

   <TD width="100%" colSpan=13>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">1Q 11</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">% Ing</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">2Q 11</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">% Ing</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">3Q 11</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">% Ing</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">4Q 11</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">% Ing</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Volume (million unit cases)</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">331.7</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">402.2</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">366.7</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">410.3</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Average price per unit case</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">33.45</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">33.55</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">34.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">35.04</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Net revenues</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">11,096</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">13,494</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">12,486</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">14,377</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Other operating revenues</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">22</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">38</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">46</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">101</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Total revenues</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">11,118</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">100.0%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">13,532</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">100.0%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">12,532</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">100.0%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">14,478</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">100.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Cost of goods sold</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5,797</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">52.1%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">6,865</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">50.7%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">6,533</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">52.1%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">7,888</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">54.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Gross profit</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5,321</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">47.9%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">6,667</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">49.3%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5,999</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">47.9%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">6,590</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">45.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operating expenses</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3,656</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">32.9%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4,103</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">30.3%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4,002</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">31.9%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4,113</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">28.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Other operative expenses, net</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(8)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">-0.1%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">23</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">0.2%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(6)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">0.0%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">12</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">0.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operating income </FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(2)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1,673</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">15.0%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,541</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">18.8%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,003</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">16.0%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,465</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">17.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Depreciation, amortization &amp; other operative non-cash charges</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">441</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4.0%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">506</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3.7%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">517</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4.1%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">535</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operative cash flow </FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(3)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,114</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">19.0%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3,047</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">22.5%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,520</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">20.1%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3,000</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">20.7%</FONT>&nbsp;</TD></TR>

<TR>

   <TD width="100%" colSpan=13>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=13 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(1) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Except volume and average price per unit case figures.</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=13 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(2) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Operating income line is presented as a non-GAAP measure for the convenience of the reader</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=13 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(3) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operative cash flow = Operating Income + Depreciation, amortization &amp; other operative non-cash charges.</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 1px" width="100%" colSpan=13 align=left>

   <P style="LINE-HEIGHT: 15px"><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;&nbsp; &nbsp;Since October 2011, we integrated Grupo Tampico in the operations of Mexico.</FONT></P></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 2px solid; TEXT-INDENT: 1px" width="100%" colSpan=13 align=left>

   <P style="LINE-HEIGHT: 15px"><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;&nbsp;&nbsp; Since December 2011, we integrated Grupo CIMSA in the operations of Mexico.</FONT></P></TD></TR></TABLE></DIV>

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   <P></P>

   <P style="TEXT-ALIGN: justify; MARGIN-LEFT: 10pt"><B><FONT color=#808080 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">March 29, 2012</FONT></B></P></TD>

   <TD width="33%" align=center>
   <IMG border=0 src="kofl_bt.gif">&nbsp;
   <IMG border=0 src="kof_nysebt.jpg">&nbsp;</TD>

   <TD width="33%" align=right>

   <P style="MARGIN-RIGHT: 10pt"><B><FONT color=#808080 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Page 7</FONT></B></P></TD></TR></TABLE></DIV>

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   <TD width="50%" align=left><B><FONT color=#333333 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">South America Division</FONT></B>&nbsp;</TD>

   <TD width="1%" align=left><B><FONT color=#333333 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD width="7%" align=left>&nbsp;</TD>

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   <TD style="BORDER-BOTTOM: #000000 2px solid" width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Expressed in millions of Mexican pesos</FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(1)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="14%" colSpan=2 align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">MFRS</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Adjust.</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="14%" colSpan=2 align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">IFRS</FONT></B>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR>

   <TD width="100%" colSpan=8>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #000000 1px solid" width="50%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">2011</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">% Ing</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">2011</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">% Ing</FONT></B>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Volume (million unit cases) </FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(2)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1,137.9</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="7%" align=center><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">-</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1,137.9</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Average price per unit case </FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(2)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">59.97</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(0.81)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">59.16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Net revenues</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">72,106</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(921)</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">71,185</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="14%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(A)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Other operating revenues</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">413</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(34)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">379</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="14%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(A)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Total revenues</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">72,519</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">100.0%</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(955)</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">71,564</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">100.0%</FONT>&nbsp;</TD>

   <TD width="14%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(A)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Cost of goods sold</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">40,067</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">55.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(465)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">39,602</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">55.3%</FONT>&nbsp;</TD>

   <TD width="14%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(A)(B)(C)(D)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Gross profit</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">32,452</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">44.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(490)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">31,962</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">44.7%</FONT>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operating expenses</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">21,206</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">29.2%</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">55</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">21,261</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">29.7%</FONT>&nbsp;</TD>

   <TD width="14%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(A)(B)(C)(D)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Other operative expenses, net</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">-</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">0.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">646</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">646</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">0.9%</FONT>&nbsp;</TD>

   <TD width="14%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(E)(F)(G)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operating income </FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(3)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">11,246</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">15.5%</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(1,191)</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">10,055</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">14.1%</FONT>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Depreciation, amortization &amp; other operative non-cash charges</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,568</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">94</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,662</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3.7%</FONT>&nbsp;</TD>

   <TD width="14%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(B)(D)(E)(F)(G)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operative cash flow </FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(4)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">13,814</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">19.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(1,097)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">12,717</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">17.8%</FONT>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR>

   <TD width="100%" colSpan=8>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="86%" colSpan=7 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(1) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Except volume and average price per unit case figures.</FONT></TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="86%" colSpan=7 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(2) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Sales volume and average price per unit case exclude beer sales results</FONT></TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="86%" colSpan=7 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(3) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Operating income line is presented as a non-GAAP measure for the convenience of the reader</FONT></TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="86%" colSpan=7 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(4) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operative cash flow = Operating Income + depreciation, amortization &amp; other operative non-cash charges.</FONT></TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="50%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">IFRS Adjustments:</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="86%" colSpan=7 align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(A) Elimination of inflation effects recognized on non hiperinflationary economies under IFRS (Argentina).</FONT></TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="86%" colSpan=7 align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(B) Change on depreciation and amortization based on new balance of Assets.</FONT></TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="86%" colSpan=7 align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(C) Reclassification of Employee Profit Sharing from other non operative expenses to cost of sales and administrative and selling expenses.</FONT>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="86%" colSpan=7 align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(D) Elimination of provisions of severance, labor cost of past services and actuarial gain or loss.</FONT></TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="86%" colSpan=7 align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(E) Reclassification of equity method related with operative investments.</FONT></TD>

   <TD width="14%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=8 align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(F) The expenses related to severance payments resulting from restructuring programs , sales, write-off and imparment of long live assets and sales of materials</FONT>&nbsp;<FONT size=1>were reclassified from other non operative expense to other operative expenses.</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="86%" colSpan=7 align=left><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(G) Reclassification of Operative Foreign exchange (loss) gain from Integral result of financing to other operative (expenses) income.</FONT>&nbsp;</TD>

   <TD width="14%" align=left>&nbsp;</TD></TR></TABLE></DIV>

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   <P style="TEXT-ALIGN: justify; MARGIN-LEFT: 10pt"><B><FONT color=#808080 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">March 29, 2012</FONT></B></P></TD>

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   <P style="MARGIN-RIGHT: 10pt"><B><FONT color=#808080 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Page 8</FONT></B></P></TD></TR></TABLE></DIV>

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   <TD width="40%" align=left><B><FONT color=#333333 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">South America Division</FONT></B>&nbsp;</TD>

   <TD width="1%" align=left><B><FONT color=#333333 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD width="7%" align=left>&nbsp;</TD>

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   <TD style="BORDER-BOTTOM: #000000 2px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Expressed in millions of Mexican pesos</FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(1)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="14%" colSpan=2 align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">IFRS</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="14%" colSpan=2 align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">IFRS</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="14%" colSpan=2 align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">IFRS</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="14%" colSpan=2 align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">IFRS</FONT></B>&nbsp;</TD></TR>

<TR>

   <TD width="100%" colSpan=13>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">1Q 11</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">% Ing</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">2Q 11</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">% Ing</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">3Q 11</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">% Ing</FONT></B>&nbsp;</TD>

   <TD width="1%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"></FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">4Q 11</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=center><B><FONT color=#333333 size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">% Ing</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Volume (million unit cases) </FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(2)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">273.1</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">263.4</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">279.2</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">322.0</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Average price per unit case </FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(2)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">50.12</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">52.86</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">59.13</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">63.11</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Net revenues</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">14,629</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">14,773</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">17,450</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">21,520</FONT>&nbsp;</TD>

   <TD width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Other operating revenues</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">106</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">83</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">95</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD>

   <TD width="1%" align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">92</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Total revenues</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">14,735</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">100.0%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">14,856</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">100.0%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">17,545</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">100.0%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">21,612</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">100.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Cost of goods sold</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">8,273</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">56.1%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">8,481</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">57.1%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">9,625</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">54.9%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">11,758</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">54.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Gross profit</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">6,462</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">43.9%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">6,375</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">42.9%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">7,920</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">45.1%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">9,854</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">45.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operating expenses</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4,308</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">29.2%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4,507</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">30.3%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5,375</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">30.6%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">6,010</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">27.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Other operative expenses, net</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">12</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">0.1%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">0.0%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">34</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">0.2%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">596</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operating income </FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(3)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,142</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">14.5%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1,864</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">12.5%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,511</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">14.3%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3,248</FONT>&nbsp;</TD>

   <TD width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">15.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Depreciation, amortization &amp; other operative non-cash charges</FONT>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">478</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3.2%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">485</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3.3%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">524</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3.0%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1,083</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="40%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operative cash flow </FONT><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(4)</FONT></SUP>&nbsp;</TD>

   <TD width="1%" align=left><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,620</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">17.8%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2,349</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">15.8%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3,035</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">17.3%</FONT>&nbsp;</TD>

   <TD width="1%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4,331</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="7%" align=right><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">20.0%</FONT>&nbsp;</TD></TR>

<TR>

   <TD width="100%" colSpan=13>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=13 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(1) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Except volume and average price per unit case figures.</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=13 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(2) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Sales volume and average price per unit case exclude beer sales results</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=13 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(3) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Operating income line is presented as a non-GAAP measure for the convenience of the reader</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="100%" colSpan=13 align=left><SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(4) </FONT></SUP><FONT color=#333333 size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Operative cash flow = Operating Income + depreciation, amortization &amp; other operative non-cash charges.</FONT></TD></TR></TABLE></DIV>

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   <TD width="33%">

   <P></P>

   <P style="TEXT-ALIGN: justify; MARGIN-LEFT: 10pt"><B><FONT color=#808080 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">March 29, 2012</FONT></B></P></TD>

   <TD width="33%" align=center>
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   <P style="MARGIN-RIGHT: 10pt"><B><FONT color=#808080 size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Page <FONT size=2 face="Times New Roman">9</FONT></FONT></B></P></TD></TR></TABLE></DIV>

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<P style="TEXT-INDENT: 0.5in; MARGIN-LEFT: 0in; MARGIN-RIGHT: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Times,serif>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. </FONT></P>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">COCA-COLA FEMSA, S.A.B. DE C.V.</FONT></B><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'"> </FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">By:&nbsp;</FONT><U><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">&nbsp;/s/ H&#233;ctor Trevi&#241;o Guti&#233;rrez&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></U></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt 25.9pt"><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">H&#233;ctor Trevi&#241;o Guti&#233;rrez</FONT></P>

   <P style="MARGIN: 0in 0in 12pt 25.9pt"><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">Chief Financial Officer</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">&nbsp;Date:&nbsp;<FONT style="FONT-SIZE: 11pt" face="Times New Roman">March</FONT> <FONT style="FONT-SIZE: 11pt" face="Times New Roman">29</FONT>, 2012</FONT></P></TD>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
