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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000893750-08-000132.txt : 20080408
<SEC-HEADER>0000893750-08-000132.hdr.sgml : 20080408
<ACCEPTANCE-DATETIME>20080408172423
ACCESSION NUMBER:		0000893750-08-000132
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070930
FILED AS OF DATE:		20080408
DATE AS OF CHANGE:		20080408

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ANDINA BOTTLING CO INC
		CENTRAL INDEX KEY:			0000925261
		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:	001-13142
		FILM NUMBER:		08746002

	BUSINESS ADDRESS:	
		STREET 1:		AVENIDA EL GOLF 40, PISO 4
		STREET 2:		LAS CONDES
		CITY:			SANTIAGO CHILE
		STATE:			F3
		ZIP:			00000
		BUSINESS PHONE:		5623380520

	MAIL ADDRESS:	
		STREET 1:		AVENIDA EL GOLF 40, PISO 4
		STREET 2:		LAS CONDES
		CITY:			SANTIAGO
		STATE:			F3
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>financials2007september.htm
<DESCRIPTION>6K
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD><TITLE>Financial Statements September 30, 2007</TITLE>
<META content=04/05/2008 name=date>
</HEAD>
<BODY
style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: Times New Roman">
<DIV style="WIDTH: 664px">
<P style="FONT-SIZE: 18pt; MARGIN: 0px; LINE-HEIGHT: 20pt"
align=center><B>UNITED STATES</B></P>
<P style="FONT-SIZE: 18pt; MARGIN: 0px; LINE-HEIGHT: 20pt"
align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="MARGIN: 0px" align=center><B>WASHINGTON, D.C. 20549</B></P>
<P style="MARGIN: 0px">&nbsp;</P>
<P style="MARGIN: 0px" align=center>__________________________</P>
<P style="MARGIN: 0px">&nbsp;</P>
<P style="FONT-SIZE: 18pt; MARGIN: 0px; LINE-HEIGHT: 20pt" align=center><B>FORM
6-K</B></P>
<P style="MARGIN: 0px">&nbsp;</P>
<P style="MARGIN: 0px" align=center>__________________________</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; LINE-HEIGHT: 14pt"
align=center><B>REPORT OF FOREIGN ISSUER</B></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; LINE-HEIGHT: 14pt"
align=center><B>PURSUANT TO RULE 13a-16 OR 15b-16 OF</B></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; LINE-HEIGHT: 14pt" align=center><B>THE
SECURITIES EXCHANGE ACT OF 1934</B></P>
<P style="MARGIN: 0px"><B></B>&nbsp;</P>
<P style="MARGIN: 0px" align=center>September 2007</P>
<P style="MARGIN: 0px" align=center>Date of Report (Date of Earliest Event
Reported)</P>
<P style="MARGIN: 0px" align=center>__________________________</P>
<P style="MARGIN: 0px" align=center><BR></P>
<P style="FONT-SIZE: 16pt; MARGIN: 0px; LINE-HEIGHT: 18pt"
align=center><B>Embotelladora Andina S.A. </B></P>
<P style="MARGIN: 0px" align=center>(Exact name of registrant as specified in
its charter) </P>
<P style="FONT-SIZE: 16pt; MARGIN: 0px; LINE-HEIGHT: 18pt"
align=center><B>Andina Bottling Company, Inc.</B></P>
<P style="MARGIN: 0px" align=center>(Translation of Registrant&#180;s name into
English) </P>
<P style="FONT-SIZE: 7.5pt; MARGIN: 0px">&nbsp;</P>
<P style="MARGIN: 0px; FONT-FAMILY: sans-serif" align=center><B>Avda. El Golf
40, Piso 4</B></P>
<P style="MARGIN: 0px" align=center><B>Las Condes</B></P>
<P style="MARGIN: 0px" align=center><B>Santiago, Chile</B></P>
<P style="MARGIN: 0px" align=center>&nbsp;(Address of principal executive
office)</P>
<P style="FONT-SIZE: 7.5pt; MARGIN: 0px">&nbsp;</P>
<P style="MARGIN: 0px" align=center>__________________________</P>
<P style="MARGIN: 0px" align=center><BR></P>
<P style="MARGIN: 0px" align=center><BR></P>
<P style="MARGIN: 0px; LINE-HEIGHT: normal" align=center>Indicate by check mark
whether the registrant files or will file annual reports<BR>under cover Form
20-F or Form 40-F.&nbsp;<BR>Form 20-F ___X___ Form 40-F _______<FONT
style="FONT-SIZE: 7.5pt"> </FONT></P>
<P style="MARGIN: 0px" align=center>Indicate by check mark if the Registrant is
submitting this Form 6-K in paper as<BR>permitted by Regulation S-T Rule
101(b)(1):<BR>Yes _______ No ___X____<BR><BR>Indicate by check mark if the
Registrant is submitting this Form 6-K in paper as<BR>permitted by Regulation
S-T Rule 101(b)(7):<BR>Yes _______ No ___X____<BR><BR>Indicate by check mark
whether the registrant by furnishing the information contained in this Form 6-K
is also thereby furnishing the information to the<BR>Commission pursuant to Rule
12g3-2(b) under the Securities Exchange Act of 1934<BR>Yes _______ No ___X____
</P>
<P style="MARGIN: 0px">&nbsp;</P>
<P style="MARGIN: 0px" align=center><BR><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 664px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN-TOP: 13px; MARGIN-BOTTOM: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">EMBOTELLADORA ANDINA S.A.
AND SUBSIDIARIES</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Consolidated financial
statements</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">September 30, 2007 </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">(Translation of original
in Spanish) </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">CONTENTS</P>
<P
style="PADDING-LEFT: 18px; MARGIN: 0px; TEXT-INDENT: -18px; FONT-FAMILY: Palatino Linotype">Consolidated
Balance Sheets</P>
<P
style="PADDING-LEFT: 18px; MARGIN: 0px; TEXT-INDENT: -18px; FONT-FAMILY: Palatino Linotype">Consolidated
Statements of Income</P>
<P
style="PADDING-LEFT: 18px; MARGIN: 0px; TEXT-INDENT: -18px; FONT-FAMILY: Palatino Linotype">Consolidated
Statements of Cash Flows</P>
<P
style="PADDING-LEFT: 18px; MARGIN: 0px; TEXT-INDENT: -18px; FONT-FAMILY: Palatino Linotype">Notes
to the Consolidated Financial Statements</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">Ch$</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">-</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 141px; FONT-FAMILY: Palatino Linotype">Chilean
pesos</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">ThCh$</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">-</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 141px; FONT-FAMILY: Palatino Linotype">Thousands
of Chilean pesos</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">US$</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">-</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 141px; FONT-FAMILY: Palatino Linotype">United
States dollars</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">ThUS$</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">-
</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 141px; FONT-FAMILY: Palatino Linotype">Thousands
of United States dollars</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">R$</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">-
&nbsp;</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 141px; FONT-FAMILY: Palatino Linotype">Brazilian
Reais</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">ThR$</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">-</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 141px; FONT-FAMILY: Palatino Linotype">Thousands
of Brazilian Reais</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">AR$</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">-
</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 141px; FONT-FAMILY: Palatino Linotype">Argentine
pesos</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">ThAR$</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">-</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 141px; FONT-FAMILY: Palatino Linotype">Thousands
of Argentine pesos</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">UF</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">-</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 141px; FONT-FAMILY: Palatino Linotype">Unidades
de Fomento (Chilean government inflation-indexed monetary units)</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">&#128;</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">-</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 141px; FONT-FAMILY: Palatino Linotype">Euros</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">Th&#128;</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">-</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 141px; FONT-FAMILY: Palatino Linotype">Thousands
of Euros</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px">EMBOTELLADORA ANDINA S.A. AND SUBSIDIARIES</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">CONSOLIDATED BALANCE
SHEETS</P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=417></TD>
<TD width=84></TD>
<TD width=84></TD></TR>
<TR>
<TD vAlign=top width=417>
<P>&nbsp;</P></TD>
<TD vAlign=top width=169 colSpan=2>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;For the periods ended </B></P></TD></TR>
<TR>
<TD vAlign=top width=417>
<P>&nbsp;</P></TD>
<TD vAlign=top width=169 colSpan=2>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30 </B></P></TD></TR>
<TR>
<TD vAlign=top width=417>
<P>&nbsp;</P></TD>
<TD vAlign=top width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;2007 </B></P></TD>
<TD vAlign=top width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;2006 </B></P></TD></TR>
<TR>
<TD vAlign=top width=417>
<P>&nbsp;</P></TD>
<TD vAlign=top width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=top width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;TOTAL
CURRENT ASSETS </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>200,306,511 </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>139,413,461 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Cash </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>29,269,119 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>15,063,985 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Time deposits
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>12,183,841 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>14,758,908 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Marketable
securities (net) &nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>44,537,269 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>15,614,942 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Trade
accounts receivable (net) </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>27,368,686 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>24,936,867 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Notes
receivable (net) </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>8,747,383 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>7,927,959 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Other
receivables (net) </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>8,510,093 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>15,678,793 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Notes and
accounts receivable from related companies </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>613,944
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>1,111,337 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Inventories
(net) </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>24,090,527 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>21,869,021 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Recoverable
taxes </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>7,738,443 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>11,006,857 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Prepaid
expenses </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>2,140,835 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>2,347,923 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Deferred
income taxes </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>706,697
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>0
</P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Other current
assets </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>34,399,674 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>9,096,869 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;TOTAL
PROPERTY, PLANT &amp; EQUIPMENT </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>156,511,355 </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>151,055,337 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Land </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>16,605,293 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>15,029,873 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Buildings
&amp; improvements </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>94,378,327 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>86,823,633 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Machinery and
equipment </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>223,967,489 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>228,441,805 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Other
property, plant &amp; equipment </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>218,387,142 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>218,961,415 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Technical
reappraisal of property, plant &amp; equipment </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>2,160,897 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>2,161,270 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Depreciation
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(398,987,793)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(400,362,659)</P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;TOTAL
OTHER ASSETS </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>121,018,041 </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>229,274,077 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Investments
in related companies </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>20,639,035 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>22,695,460 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Investments
in other companies </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>57,584
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>58,872
</P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Goodwill
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>60,187,168 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>73,403,138 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Long-term
receivables </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>38,754
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>202,737
</P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Long-term
notes and accounts receivable from related companies </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>36,176
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>37,432
</P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Intangibles
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>408,045
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>448,784
</P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Amortization
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(258,212)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(267,915)</P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Others
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>39,909,491 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>132,695,569 </P></TD></TR>
<TR>
<TD vAlign=bottom width=417>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;TOTAL
ASSETS </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>477,835,907 </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>519,742,875 </B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:D34></A><A
name=RANGE!A1:C34></A>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The accompanying Notes 1
to 41 are an integral part of these consolidated financial statements.</P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">2</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 664px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:C35></A>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">EMBOTELLADORA ANDINA S.A.
AND SUBSIDIARIES</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">CONSOLIDATED BALANCE
SHEETS</P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=386></TD>
<TD width=81></TD>
<TD width=81></TD></TR>
<TR>
<TD vAlign=top width=386>
<P>&nbsp;</P></TD>
<TD vAlign=top width=162 colSpan=2>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;For the periods ended </B></P></TD></TR>
<TR>
<TD vAlign=top width=386>
<P>&nbsp;</P></TD>
<TD vAlign=top width=162 colSpan=2>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30 </B></P></TD></TR>
<TR>
<TD vAlign=top width=386>
<P>&nbsp;</P></TD>
<TD vAlign=top width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;2007 </B></P></TD>
<TD vAlign=top width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;2006 </B></P></TD></TR>
<TR>
<TD vAlign=top width=386>
<P>&nbsp;</P></TD>
<TD vAlign=top width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=top width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;TOTAL
CURRENT LIABILITIES </B></P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>110,224,773 </B></P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>110,586,684 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Short-term
bank liabilities </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>8,601,667 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>18,043,619 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Current
portion of long-term bank liabilities </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>210,478
</P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>488,041
</P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Current
portion of bonds payable </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>14,429,079 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>14,753,413 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Dividends
payable </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>5,794,045 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>4,971,023 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Accounts
payable </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>38,090,595 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>34,408,778 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Other
creditors </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>3,995,479 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>3,107,658 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Notes and
accounts payable to related companies </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>8,322,470 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>7,568,902 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Provisions
</P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>3,487,691 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>716,371
</P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Withholdings
</P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>13,943,240 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>14,310,622 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Income taxes
payable </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>7,231,202 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>6,647,613 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Unearned
income </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>520,535
</P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>589,435
</P></TD></TR>
<TR>
<TD vAlign=top width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Deferred
income taxes </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>0
</P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>990,271
</P></TD></TR>
<TR>
<TD vAlign=top width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Other current
liabilities </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>5,598,292 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>3,990,938 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;TOTAL
LONG-TERM LIABILITIES </B></P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>113,533,620 </B></P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>145,561,476 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Long-term
bank liabilities </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>762,614
</P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>502,775
</P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Bonds payable
</P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>73,007,008 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>104,284,245 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Other
creditors </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>99,678
</P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>158,240
</P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Long-term
notes and accounts payable to related companies </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>3,493,482 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>3,853,866 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Provisions
</P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>16,811,576 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>26,921,318 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Deferred
Income Taxes </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>8,919,504 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>39,656
</P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Other
long-term liabilities </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>10,439,758 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>9,801,376 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;MINORITY
INTEREST </B></P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>1,248,327 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>1,238,783 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;TOTAL
SHAREHOLDERS&#146; EQUITY </B></P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>252,829,187 </B></P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>262,355,932 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Paid-in
capital </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>202,060,999 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>207,206,529 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Revalued
capital reserves </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>10,305,111 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>5,180,163 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Other
reserves </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(8,723,993)</P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>2,660,721 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Retained
earnings </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>49,187,070 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>47,308,519 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Accumulated
earnings </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>10,941,345 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>10,515,810 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Net income
for the period </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>49,600,577 </P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>46,219,283 </P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Interim
dividends</P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(11,354,852)</P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(9,426,574)</P></TD></TR>
<TR>
<TD vAlign=bottom width=386>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;TOTAL
LIABILITIES &amp; SHAREHOLDERS' EQUITY </B></P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>477,835,907 </B></P></TD>
<TD vAlign=bottom width=81>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>519,742,875 </B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The accompanying Notes 1
to 41 are an integral part of these consolidated financial statements.</P><A
name=RANGE!A1:D39></A>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">3</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 664px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">EMBOTELLADORA ANDINA S.A.
AND SUBSIDIARIES</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">CONSOLIDATED STATEMENTS
OF INCOME</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=338></TD>
<TD width=84></TD>
<TD width=84></TD></TR>
<TR>
<TD vAlign=top width=338>
<P>&nbsp;</P></TD>
<TD vAlign=top width=169 colSpan=2>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;For the periods ended </B></P></TD></TR>
<TR>
<TD vAlign=top width=338>
<P>&nbsp;</P></TD>
<TD vAlign=top width=169 colSpan=2>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, </B></P></TD></TR>
<TR>
<TD vAlign=top width=338>
<P>&nbsp;</P></TD>
<TD vAlign=top width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;2007 </B></P></TD>
<TD vAlign=top width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;2006 </B></P></TD></TR>
<TR>
<TD vAlign=top width=338>
<P>&nbsp;</P></TD>
<TD vAlign=top width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=top width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;OPERATING
INCOME </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>72,522,131 </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>62,139,611 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Gross margin
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>190,799,573 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>167,481,127 </P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Net sales
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>442,229,559 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>400,448,833 </P></TD></TR>
<TR>
<TD vAlign=top width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Cost of sales
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(251,429,986)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(232,967,706)</P></TD></TR>
<TR>
<TD vAlign=top width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Administrative and
selling expenses </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(118,277,442)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(105,341,516)</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;NON
OPERATING INCOME AND EXPENSE </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>(7,187,740)</B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>(7,146,951)</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Financial
income </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>15,691,420 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>7,404,278 </P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Equity in
earnings of equity investments </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>651,031
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>482,606
</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Other
non-operating income </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>5,898,385 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>534,694
</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Equity in
losses of equity investments </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(375,028)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(152,184)</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Amortization
of goodwill </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(4,672,036)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(5,149,504)</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Financial
expenses </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(12,081,310)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(12,391,245)</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Other
non-operating expenses </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(3,638,236)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(1,446,780)</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Price level
restatement </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>382,903
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>65,666
</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Foreign
exchange gains </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(9,044,869)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>3,505,518 </P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Income before
income taxes and extraordinary items </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>65,334,391 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>54,992,660 </P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Income tax
expense </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(15,703,630)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(8,734,319)</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Income before
minority interest </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>49,630,761 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>46,258,341 </P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Minority
interest </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(30,184)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(39,058)</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;NET INCOME
</B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>49,600,577 </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>46,219,283 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;NET INCOME
FOR THE PERIOD </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>49,600,577 </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>46,219,283 </B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The accompanying Notes 1
to 41 are an integral part of these consolidated financial statements.</P><A
name=RANGE!A1:D24></A><A name=RANGE!A1:C25></A>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">4</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 664px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">EMBOTELLADORA ANDINA S.A.
AND SUBSIDIARIES</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">CONSOLIDATED STATEMENTS
OF CASH FLOW</P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=448></TD>
<TD width=84></TD>
<TD width=84></TD></TR>
<TR>
<TD vAlign=top width=448>
<P>&nbsp;</P></TD>
<TD vAlign=top width=169 colSpan=2>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;For the periods ended </B></P></TD></TR>
<TR>
<TD vAlign=top width=448>
<P>&nbsp;</P></TD>
<TD vAlign=top width=169 colSpan=2>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30 </B></P></TD></TR>
<TR>
<TD vAlign=top width=448>
<P>&nbsp;</P></TD>
<TD vAlign=top width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;2007 </B></P></TD>
<TD vAlign=top width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;2006 </B></P></TD></TR>
<TR>
<TD vAlign=top width=448>
<P>&nbsp;</P></TD>
<TD vAlign=top width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=top width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;NET CASH
PROVIDED BY OPERATING ACTIVITIES </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>92,474,086 </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>89,513,104 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Collection of
trade receivables &nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>636,272,210 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>580,913,693 </P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Financial
income received &nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>9,434,727 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>9,302,559 </P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Dividend
&amp; other distributions received </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>3,917,079 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>1,556,932 </P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Other income
received &nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>55,049
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>17,952
</P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Payments to
suppliers and personnel &nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(455,072,589)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(411,655,874)</P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Interest paid
&nbsp;&nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(7,854,076)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(10,383,966)</P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Income taxes
paid &nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(14,648,218)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(8,371,361)</P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Other expenses
paid</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(1,350)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>0
</P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;VAT and other
tax payments &nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(79,628,746)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(71,866,831)</P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;NET CASH
PROVIDED BY (USED IN) FINANCING ACTIVITIES </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>(87,805,118)</B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>(91,705,612)</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Borrowings
&nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>24,426,203 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>46,093,086 </P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Dividend
distribution </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(71,313,636)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(72,845,469)</P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Loan payments
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(18,238,528)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(58,655,806)</P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Bond payments
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(22,679,157)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(6,297,423)</P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;NET CASH
PROVIDED BY (USED IN) INVESTMENT ACTIVITIES </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>38,220,861 </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>6,629,934 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Proceeds from
sales of property, plant and equipment &nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>575,425
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>1,336,332 </P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Proceeds from
sales of permanent investments </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>0
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>5,378,611 </P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Proceeds from
sales of other investments &nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>77,755,176 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>27,274,389 </P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Additons to
property, plant &amp; equipment </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(39,930,317)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(26,047,636)</P></TD></TR>
<TR>
<TD vAlign=top width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;Investments
in financial instruments </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(179,423)</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(1,311,762)</P></TD></TR>
<TR>
<TD vAlign=top width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;TOTAL NET
CASH FOR THE PERIOD </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>42,889,829 </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>4,437,426 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;EFFECT OF
INFLATION ON CASH AND CASH EQUIVALENTS </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>66,737
</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(1,156,715)</P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;NET
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS &nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>42,956,566 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>3,280,711 </P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;CASH AND CASH
EQUIVALENTS AT BEGINNING OF PERIOD &nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>41,980,720 </P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>23,030,445 </P></TD></TR>
<TR>
<TD vAlign=bottom width=448>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;CASH AND
CASH EQUIVALENTS AT END OF PERIOD </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>84,937,286 </B></P></TD>
<TD vAlign=bottom width=84>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>26,311,156 </B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:C31></A>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The accompanying Notes 1
to 41 are an integral part of these consolidated financial statements.</P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">5</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 664px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">EMBOTELLADORA ANDINA S.A.
AND SUBSIDIARIES</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">RECONCILIATION BETWEEN
NET INCOME AND NET CASH FLOWS</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">PROVIDED BY OPERATING
ACTIVITIES</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=531></TD>
<TD width=72></TD>
<TD width=71></TD></TR>
<TR>
<TD vAlign=top width=531>
<P>&nbsp;</P></TD>
<TD vAlign=top width=143 colSpan=2>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;For the periods ended </B></P></TD></TR>
<TR>
<TD vAlign=top width=531>
<P>&nbsp;</P></TD>
<TD vAlign=top width=143 colSpan=2>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, </B></P></TD></TR>
<TR>
<TD vAlign=top width=531>
<P>&nbsp;</P></TD>
<TD vAlign=top width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;2007 </B></P></TD>
<TD vAlign=top width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;2006 </B></P></TD></TR>
<TR>
<TD vAlign=top width=531>
<P>&nbsp;</P></TD>
<TD vAlign=top width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=top width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B>NET
INCOME</B></P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>49,600,577 </B></P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>46,219,283 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B>Income
on sale of assets:</B></P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>129,820 </B></P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>(196,272)</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Loss
(Gain) on sale of property, plant and equipment</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>147,356 </P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(196,272)</P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Gain
on sale of other assets</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(17,536)</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>0 </P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B>ADJUSTMENTS
TO NET INCOME THAT DO NOT REPRESENT MOVEMENTS OF CASH</B></P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>34,945,187 </B></P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>23,773,407 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Depreciation</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>21,889,881 </P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>23,523,054 </P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Amortization
of intangibles</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>189,971 </P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>211,609 </P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Write-offs
and provisions</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>825,129 </P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(1,105,743)</P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Equity
in earnings of equity investments</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(651,031)</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(482,606)</P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Equity
in losses of equity investments</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>375,028 </P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>152,184 </P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Amortization
of goodwill</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>4,672,036 </P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>5,149,504 </P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Price
level restatement</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(382,903)</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(65,666)</P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Foreign
exchange gains, net</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>9,044,869 </P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(3,505,518)</P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Other
credits to income that do not represent cash flows</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>50,521 </P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(103,411)</P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Other
charges to income that do not represent cash flows</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(1,068,314)</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>0 </P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B>CHANGES
IN OPERATING ASSETS</B></P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>1,705,606 </B></P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>21,681,830 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">(Increase)
decrease in trade accounts receivable</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>20,022,502 </P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>19,394,408 </P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">(Increase)
decrease in inventories</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(2,136,531)</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>3,525,752 </P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">(Increase)
decrease in other assets</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(16,180,365)</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(1,238,330)</P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B>CHANGES
IN OPERATING LIABILITIES</B></P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>6,062,712 </B></P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>(2,004,202)</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Increase
(decrease) in accounts payable related to operating income</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(13,217,641)</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(7,247,422)</P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Increase
(decrease) in interest payable</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>8,338,744 </P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>6,603,942 </P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Increase
(decrease) in income taxes payable</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>9,200,617 </P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(192,383)</P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Increase
(decrease) in other accounts payable related to non-operating
income</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>3,692,174 </P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>712,901 </P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Increase
(decrease) in valued added tax and other similar items</P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(1,951,182)</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(1,881,240)</P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B>Minority
interest</B></P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>30,184 </B></P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>39,058 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=531>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B>NET
CASH PROVIDED BY OPERATING ACTIVITIES</B></P></TD>
<TD vAlign=bottom width=72>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>92,474,086 </B></P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>89,513,104 </B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:C32></A>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The accompanying Notes 1
to 41 are an integral part of these consolidated financial statements.</P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">6</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 664px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 1 - INCORPORATION IN
THE SECURITIES REGISTER</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Embotelladora Andina S.A.
was incorporated in the Securities Register under No. 00124 and, in conformity
with Law 18,046 is subject to the supervision of the Chilean Superintendence of
Securities and Insurance Companies (the &#147;SVS&#148;).</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 2 - SUMMARY OF
SIGNIFICANT ACCOUNTING PRINCIPLES</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">a)</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Accounting
period</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The consolidated
financial statements cover the period January 1 to September 30, 2007 and are
compared to the same period in 2006.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">b)</P>
<P style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Basis
of preparation </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The consolidated
financial statements have been prepared in conformity with generally accepted
accounting principles issued by the Chilean Institute of Accountants, as well as
rules and regulations of the SVS. &nbsp;In the event of discrepancy, the SVS
regulations will prevail. </P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">c)</P>
<P style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Basis
of presentation</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">For comparison purposes,
the figures in the prior-year financial statements have been restated by 4.7%
according to CPI and minor reclassifications have been made.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">d)</P>
<P style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Basis
of consolidation</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The accompanying
financial statements include assets, liabilities, income and cash flows of the
Parent Company and its subsidiaries. &nbsp;The equity and income accounts of the
Parent Company and its subsidiaries have been combined, eliminating investments
and current accounts between consolidated companies, transactions between them
and the unrealized income from inter-company transactions.</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">In addition, for proper
presentation of consolidated net income, the participation in income by minority
shareholders is shown in the consolidated statements of income under Minority
interest.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">7</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 664px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="PADDING-RIGHT: 2px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Holding
percentages</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The subsidiaries included
in the consolidated financial statements and Andina&#146;s direct and indirect
holding percentages are as follows:</P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=289></TD>
<TD width=59></TD>
<TD width=74></TD>
<TD width=80></TD>
<TD width=94></TD></TR>
<TR>
<TD vAlign=bottom width=289>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>Company Name
</B></P></TD>
<TD vAlign=bottom width=309 colSpan=4>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>Ownership Interest</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=289>
<P>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=214
colSpan=3>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>September 30, 2007</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=top width=94>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>September 30, 2006</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=289>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>Direct</B></P></TD>
<TD vAlign=bottom width=74>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>Indirect</B></P></TD>
<TD vAlign=top width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>Total</B></P></TD>
<TD vAlign=top width=94>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>Total</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=289>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">ABISA CORP
S.A.</P></TD>
<TD vAlign=bottom width=59>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>0.00</P></TD>
<TD vAlign=bottom width=74>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD>
<TD vAlign=bottom width=94>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD></TR>
<TR>
<TD vAlign=bottom width=289>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">ANDINA BOTTLING
INVESTMENTS S.A.</P></TD>
<TD vAlign=bottom width=59>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.90</P></TD>
<TD vAlign=bottom width=74>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>0.09</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD>
<TD vAlign=bottom width=94>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD></TR>
<TR>
<TD vAlign=bottom width=289>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">ANDINA INVERSIONES
SOCIETARIAS S.A.</P></TD>
<TD vAlign=bottom width=59>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD>
<TD vAlign=bottom width=74>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>0.00</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD>
<TD vAlign=bottom width=94>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD></TR>
<TR>
<TD vAlign=bottom width=289>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">ANDINA BOTTLING
INVESTMENTS DOS S.A.</P></TD>
<TD vAlign=bottom width=59>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.90</P></TD>
<TD vAlign=bottom width=74>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>0.09</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD>
<TD vAlign=bottom width=94>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD></TR>
<TR>
<TD vAlign=bottom width=289>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">EMBOTELLADORA DEL
ATLANTICO S.A.</P></TD>
<TD vAlign=bottom width=59>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>0.00</P></TD>
<TD vAlign=bottom width=74>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD>
<TD vAlign=bottom width=94>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD></TR>
<TR>
<TD vAlign=bottom width=289>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">ENVASES MULTIPACK
LTDA.</P></TD>
<TD vAlign=bottom width=59>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>0.00</P></TD>
<TD vAlign=bottom width=74>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>0.00</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>0.00</P></TD>
<TD vAlign=bottom width=94>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD></TR>
<TR>
<TD vAlign=bottom width=289>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">RIO DE JANEIRO
REFRESCOS LTDA.</P></TD>
<TD vAlign=bottom width=59>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>0.00</P></TD>
<TD vAlign=bottom width=74>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD>
<TD vAlign=bottom width=94>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD></TR>
<TR>
<TD vAlign=bottom width=289>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">SERVICIOS
MULTIVENDING LTDA.</P></TD>
<TD vAlign=bottom width=59>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.90</P></TD>
<TD vAlign=bottom width=74>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>0.09</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD>
<TD vAlign=bottom width=94>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD></TR>
<TR>
<TD vAlign=bottom width=289>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">TRANSPORTES ANDINA
REFRESCOS LTDA.</P></TD>
<TD vAlign=bottom width=59>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.90</P></TD>
<TD vAlign=bottom width=74>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>0.09</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD>
<TD vAlign=bottom width=94>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD></TR>
<TR>
<TD vAlign=bottom width=289>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">VITAL S.A.</P></TD>
<TD vAlign=bottom width=59>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>0.00</P></TD>
<TD vAlign=bottom width=74>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD>
<TD vAlign=bottom width=94>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD></TR>
<TR>
<TD vAlign=bottom width=289>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">RJR INVESTMENTS
CORP S.A.</P></TD>
<TD vAlign=bottom width=59>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>0.00</P></TD>
<TD vAlign=bottom width=74>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD>
<TD vAlign=bottom width=94>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>99.99</P></TD></TR>
<TR>
<TD vAlign=bottom width=289>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">VITAL AGUAS
S.A.</P></TD>
<TD vAlign=bottom width=59>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>56.50</P></TD>
<TD vAlign=bottom width=74>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>0.00</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>56.50</P></TD>
<TD vAlign=bottom width=94>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>56.50</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">e)</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">Price-level
restatement</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The financial statements
have been restated to reflect the effect of price-level changes on the
purchasing power of the Chilean peso during the respective periods.
&nbsp;Restatements have been determined on the basis of the percentage variation
of the official Chilean Consumer Price Index, &#147;CPI&#148;, issued by the Chilean
National Institute of Statistics, which amounted to 5.1% for the period December
1, 2006 to August 31, 2007 (2.5% for the same period of the previous year). </P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">f)</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">Currency
translation</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Balances in foreign
currency are considered as non-monetary items and are translated at the exchange
rate prevailing at year-end. &nbsp;&nbsp;Regarding balances subject to
restatement, these have been restated by the corresponding restatement index or
by the agreed upon rate. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Assets and liabilities in
foreign currency and Unidades de Fomento have been translated into local
currency at the following end of period exchange rates:</P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=153></TD>
<TD width=44></TD>
<TD width=80></TD>
<TD width=80></TD></TR>
<TR>
<TD vAlign=bottom width=153>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>2007</B></P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>2006</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=153>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>Ch$</B></P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>Ch$</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=153>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Unidades de Fomento
</P></TD>
<TD vAlign=bottom width=44>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">(UF)</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>19,178.94</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>18,401.15</P></TD></TR>
<TR>
<TD vAlign=bottom width=153>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">United States
dollars </P></TD>
<TD vAlign=bottom width=44>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">(US$)</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>511.23</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>537.03</P></TD></TR>
<TR>
<TD vAlign=bottom width=153>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Argentine pesos
</P></TD>
<TD vAlign=bottom width=44>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">(AR$)</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>162.30</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>173.01</P></TD></TR>
<TR>
<TD vAlign=bottom width=153>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Brazilian Real
</P></TD>
<TD vAlign=bottom width=44>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">(R$)</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>278.01</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>251.09</P></TD></TR>
<TR>
<TD vAlign=bottom width=153>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Euro</P></TD>
<TD vAlign=bottom width=44>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">(&#128;$)</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>729.59</P></TD>
<TD vAlign=bottom width=80>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>680.99</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">8</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 664px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">g)</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Marketable
securities</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Marketable securities
include investments in mutual funds and investment fund shares, valued at the
redemption value for each year end.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Investments in bonds with
pre-established value are valued at the lesser value between the price value
restatement cost and the market price.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">h)</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Inventories</P>
<P style="MARGIN: 0px; LINE-HEIGHT: 6pt"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The cost of raw materials
includes all disbursements made in the acquisition process and deemed necessary
for them to be readily available at the Company&#146;s or it&#146;s subsidiaries&#146;
warehouse. &nbsp;The costs of finished products include all manufacturing costs.
&nbsp;Raw materials and finished products are valued at the average weighted
cost. &nbsp;Provisions are made for obsolescence on the basis of turnover of raw
materials and finished products. &nbsp;The stated values of inventories do not
exceed their estimated net realizable value.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">i)</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Allowance
for doubtful accounts</P>
<P style="MARGIN: 0px; LINE-HEIGHT: 6pt"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The allowance for
doubtful accounts consists of a general provision determined on the basis of the
aging of accounts receivable and on a case-by-case analysis where collection is
doubtful. &nbsp;In the opinion of the Company&#146;s management, the allowances are
reasonable and the net balances are recoverable.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">j)
</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Property,
plant and equipment</P>
<P style="MARGIN: 0px; LINE-HEIGHT: 6pt"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">For companies
incorporated in Chile, Property, plant and equipment is carried at restated cost
plus price-level restatements. For companies incorporated abroad it has been
restated in terms of the variation of the U.S. dollar according to the details
described in Note 2 m). Technical reappraisal of property, plant and equipment,
authorized by the SVS on December 31, 1979, is shown at restated value under the
heading &#147;Technical reappraisal of property, plant and equipment&#148;. &nbsp;</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Fixed assets to be
disposed of for sale are valued at the lower of the net realizable value and
book value. Unrealized losses are reflected in the consolidated statement of
income under Other non-operating expenses.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">k)</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Depreciation
</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Depreciation of property,
plant and equipment is determined by the straight-line method based on the
estimated useful lives of the valued assets. </P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">l)</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Containers</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Inventories of
containers, bottles and plastic containers at plants, warehouses, and with third
parties are stated at cost plus price-level restatements and are included in
Other property, plant and equipment. &nbsp;Broken or damaged containers at
plants and warehouses are expensed in each accounting period.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">m)</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Investments
in related companies</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Investments in shares or
rights in companies in which the Company has a significant holding in the
investee are accounted for using the equity method. &nbsp;The Company&#146;s
proportionate share of net income and losses of related companies is recognized
in the consolidated statements of income, after eliminating any unrealized
profits or losses from transactions between related companies.</P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">9</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 664px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Investments in foreign
companies are valued in conformity with Technical Bulletin No. 64 issued by t<A
name=OLE_LINK1></A><A name=OLE_LINK2></A>he Chilean Institute of Accountants.
&nbsp;The United States (&#147;US&#148;) dollar is the currency used to control
investments and to translate financial statements of foreign companies.
&nbsp;Assets and liabilities from these investments are translated into Chilean
pesos at year end exchange rate, except that non-monetary assets and liabilities
and shareholders&#146; equity are first expressed at their equivalent value in
historical US dollars. &nbsp;Income and expense items are first translated into
US dollars at the average exchange rate during the month.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">n)</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Intangibles</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Intangibles include
franchise rights and licenses that are amortized over the terms of the
contracts, not in excess of 20 years.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">o)</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Goodwill</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Goodwill represents the
difference between purchase cost of the shares acquired and the proportional
equity value of investment on the purchase date. &nbsp;These differences are
amortized based on the expected period of return of the investment, estimated at
20 years.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">p)</P>
<P style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Bonds
payable</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Bonds payable includes
the placement of Yankee Bonds on the US markets and placement of bonds in UF in
Chile, which are carried at the issue rate. &nbsp;The difference in valuation as
compared to the effective placement rate is recorded as a deferred asset.
&nbsp;This asset is amortized using the straight-line method over the term of
the respective obligations.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">q)</P>
<P style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Income
taxes and deferred income taxes</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The companies have
recognized its current tax obligations in conformity with current legislation.
&nbsp;The effects of deferred income taxes arising from temporary differences
between the basis of assets and liabilities for tax and financial statement
purposes are recorded on the basis of the enacted tax rate that will be in
effect at the estimated date of reversal, in conformity with Technical Bulletin
No. 60 issued by the Chilean Institute of Accountants. &nbsp;The effects of
deferred income taxes existing at the time of the enforcement of the aforesaid
Bulletin, i.e. January 1, 2000, and not previously recognized, are recorded as
gain or loss according to their estimated reversal period.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">r)</P>
<P style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Staff
severance indemnities</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The Company has recorded
a liability for long-term service indemnities in accordance with the collective
agreements entered into with its employees. &nbsp;The provision is stated at
present value of the projected cost of the benefit, which is discounted at a
7.0% annual rate and a capitalization period using the staff&#146;s expected length
of service to their retirement date.</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Since the year 2005, the
Company maintains a withholding plan for some officers. &nbsp;A liability is
recorded according to the guidelines of this plan. &nbsp;The plan entitles
certain officers of the Company to receive a fixed payment in cash at a
predetermined date once he has fulfilled years of service. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">10</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 664px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">s)</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Deposits
for containers</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Corresponds to the
liabilities constituted by cash guarantees received from clients for lending
bottles to them. &nbsp;</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">For those loans for
placement subsequent to January 31, 2001, an expiration date of five years as
from the invoice date was established. &nbsp;In the event the client has not
returned all or a portion of the containers and/or cases, the Company may,
without delay, enforce the guarantee, in whole or in part, in cash and record
that effect in operating income of the Company.</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">This liability is
presented in Other long-term liabilities, considering that the number of new
containers in circulation in the market during the year is historically greater
than the number of containers returned by clients during the same period.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">t)</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Revenue
recognition</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Given the nature of its
operations, the Company records revenue based on the physical delivery of
finished products to its clients, based on the realization principle and in
accordance with Technical Bulletin No. 70 issued by the Chilean Institute of
Accountants.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">u)</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Derivative
contracts</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Derivative contracts
include hedging derivative contracts used to cover the risk of exposure to
exchange rate differences as follows:</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">These hedge instruments
are recorded at their market values for existing items. &nbsp;Unrealized losses
are recognized as a charge to income and gains are deferred and included in
Other liabilities (current or long-term), depending on whether the difference is
a loss or gain. In the case that the hedge instruments are not totally
efficient, the impact is recognized as an income charge or credit. </P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Hedge contracts for
forecasted transactions are recorded at market value and their changes in value
are accounted for as unrealized gains or losses. &nbsp;Upon contract expiration,
the deferred gains and losses are recorded in income.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">v)</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Computer
software</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Software currently in use
corresponds to computer packages purchased from third parties, and programs
developed internally. &nbsp;Software purchased from third parties is capitalized
and amortized over a maximum period of four years. &nbsp;Disbursements incurred
for internally developed programs are expensed.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">w)</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Research
and development costs</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Costs incurred by the
Company in research and development are immaterial given the nature of the
business and the strong support from The Coca-Cola Company to its bottlers. </P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">x)</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Consolidated
statement of cash flows</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">For purposes of
preparation of the statement of cash flows, in accordance with Technical
Bulletin N&#176;50 of the Chilean Institute of Accountants and circular N&#176;1,501 of
the Superintendencia de Valores y Seguros (<I>Chilean Superintendence of
Securities and Insurance</I>) the Company has considered cash equivalent to be
investments in fixed-income, mutual funds, time deposits and operations with
sale-back agreements maturing within 90 days.</P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">11</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 664px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Cash flows from operating
activities include all business-related cash flows as well as interest paid,
financial income and, in general, all cash flows not defined as from financial
or investment activities. The operating concept used for this statement is
broader than that in the statement of income.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 3 - ACCOUNTING
CHANGES</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">There are no changes in
the application of generally accepted accounting principles in Chile in relation
to the previous year that could significantly affect the comparability of these
financial statements. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">12</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 4 - MARKETABLE
&nbsp;SECURITIES</P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=217></TD>
<TD width=74></TD>
<TD width=70></TD>
<TD width=77></TD>
<TD width=58></TD>
<TD width=64></TD>
<TD width=73></TD>
<TD width=65></TD></TR>
<TR>
<TD width=217>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>Type
of Instrument </B></P></TD>
<TD vAlign=top width=145 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Accounting value for the periods ended September
30,</B></P></TD>
<TD vAlign=top width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=top width=217>
<P>&nbsp;</P></TD>
<TD vAlign=top width=74>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>2007</B></P></TD>
<TD vAlign=top width=70>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>2006</B></P></TD>
<TD vAlign=top width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=top width=217>
<P>&nbsp;</P></TD>
<TD vAlign=top width=74>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=top width=70>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=top width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=top width=217>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">&nbsp;Bonds
</P></TD>
<TD vAlign=bottom width=74>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>1,052,631</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>4,685,622</P></TD>
<TD vAlign=top width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=top width=217>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">&nbsp;Mutual
funds </P></TD>
<TD vAlign=bottom width=74>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>2,771,655</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>10,376,897</P></TD>
<TD vAlign=top width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=top width=217>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">&nbsp;Investment
funds </P></TD>
<TD vAlign=bottom width=74>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>40,712,983</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>552,423</P></TD>
<TD vAlign=top width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=top width=217>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>&nbsp;Total
Marketable Securities </B></P></TD>
<TD vAlign=bottom width=74>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>44,537,269</B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>15,614,942</B></P></TD>
<TD vAlign=top width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=top width=217>
<P>&nbsp;</P></TD>
<TD vAlign=top width=74>
<P>&nbsp;</P></TD>
<TD vAlign=top width=70>
<P>&nbsp;</P></TD>
<TD vAlign=top width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=top width=217>
<P>&nbsp;</P></TD>
<TD vAlign=top width=74>
<P>&nbsp;</P></TD>
<TD vAlign=top width=70>
<P>&nbsp;</P></TD>
<TD vAlign=top width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=top width=217>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>&nbsp;Fixed
Income </B></P></TD>
<TD vAlign=top width=145 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Date</B></P></TD>
<TD width=77 rowSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Par &nbsp;Value </B></P></TD>
<TD vAlign=bottom width=122 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Accounting value</B></P></TD>
<TD width=73 rowSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Market Value</B></P></TD>
<TD width=65 rowSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Provision</B></P></TD></TR>
<TR>
<TD vAlign=top width=217>
<P>&nbsp;</P></TD>
<TD vAlign=top width=74>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Purchase</B></P></TD>
<TD vAlign=top width=70>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Maturity</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Amount</B></P></TD>
<TD vAlign=bottom width=64>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Rate</B></P></TD></TR>
<TR>
<TD vAlign=top width=217>
<P>&nbsp;</P></TD>
<TD vAlign=top width=74>
<P>&nbsp;</P></TD>
<TD vAlign=top width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=77>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=64>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>%</B></P></TD>
<TD vAlign=bottom width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=top width=217>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">UNITED
STATES TREASURY NOTES</P></TD>
<TD vAlign=top width=74>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>26-Jul-06</P></TD>
<TD vAlign=top width=70>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>30-Jun-08</P></TD>
<TD vAlign=top width=77>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>1,052,631 </P></TD>
<TD vAlign=top width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>1,052,631 </P></TD>
<TD vAlign=top width=64>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>5.125%</P></TD>
<TD vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>1,059,157 </P></TD>
<TD vAlign=top width=65>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0 </P></TD></TR>
<TR>
<TD vAlign=top width=217>
<P>&nbsp;</P></TD>
<TD vAlign=top width=74>
<P>&nbsp;</P></TD>
<TD vAlign=top width=70>
<P>&nbsp;</P></TD>
<TD vAlign=top width=77>
<P>&nbsp;</P></TD>
<TD vAlign=top width=58>
<P>&nbsp;</P></TD>
<TD vAlign=top width=64>
<P>&nbsp;</P></TD>
<TD vAlign=top width=73>
<P>&nbsp;</P></TD>
<TD vAlign=top width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=top width=217>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>&nbsp;Mutual
Funds </B></P></TD>
<TD vAlign=top width=145 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Balance as of &nbsp;Sep 30, 2007</B></P></TD>
<TD vAlign=top width=77>
<P>&nbsp;</P></TD>
<TD vAlign=top width=58>
<P>&nbsp;</P></TD>
<TD vAlign=top width=64>
<P>&nbsp;</P></TD>
<TD vAlign=top width=73>
<P>&nbsp;</P></TD>
<TD vAlign=top width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=top width=217>
<P>&nbsp;</P></TD>
<TD vAlign=top width=145 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=65>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=217>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Fondo
Mutuo Larrain Vial</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=145 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>2,585,486</P></TD>
<TD vAlign=bottom width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=65>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=217>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Fondo
Mutuo ITAU &nbsp;&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=145 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>166,000</P></TD>
<TD vAlign=bottom width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=65>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=217>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Fondos
Fima - Argentina</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=145 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>20,169</P></TD>
<TD vAlign=bottom width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=65>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=217>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; TEXT-INDENT: 9px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>Total
Mutual Funds</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" width=145 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>2,771,655</B></P></TD>
<TD vAlign=bottom width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=217>
<P>&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" width=74>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=top width=217>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>&nbsp;Investment
Funds </B></P></TD>
<TD vAlign=top width=145 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Balance as of &nbsp;Sep 30, 2007</B></P></TD>
<TD vAlign=top width=77>
<P>&nbsp;</P></TD>
<TD vAlign=top width=58>
<P>&nbsp;</P></TD>
<TD vAlign=top width=64>
<P>&nbsp;</P></TD>
<TD vAlign=top width=73>
<P>&nbsp;</P></TD>
<TD vAlign=top width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=top width=217>
<P>&nbsp;</P></TD>
<TD vAlign=top width=145 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=217>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Citi
Institud Liquid Reserves Limited - USA</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=145 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>40,223,867</P></TD>
<TD vAlign=bottom width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=217>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Fondo
Mutuo &nbsp;Wachovia Securities - USA</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=145 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>489,116</P></TD>
<TD vAlign=bottom width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=65>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=217>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; TEXT-INDENT: 9px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>Total
Investment Funds</B></P></TD>
<TD vAlign=top width=145 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>40,712,983</B></P></TD>
<TD vAlign=bottom width=77>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=65>
<P>&nbsp;</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">13</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 5 - SHORT-AND
LONG-TERM RECEIVABLES</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Almost all of said
accounts correspond to the soft drinks category. &nbsp;The balance of other
accounts receivable mainly corresponds to prepayment to our sugar suppliers.
</P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A5:N15></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=145></TD>
<TD width=60></TD>
<TD width=60></TD>
<TD width=12></TD>
<TD width=60></TD>
<TD width=63></TD>
<TD width=10></TD>
<TD width=60></TD>
<TD width=13></TD>
<TD width=59></TD>
<TD width=64></TD>
<TD width=16></TD>
<TD width=55></TD>
<TD width=56></TD></TR>
<TR>
<TD vAlign=bottom width=145>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=465 colSpan=10>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;Current </U></B></P></TD>
<TD vAlign=bottom width=16>
<P>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=112
colSpan=2 rowSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Long Term </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=145>
<P>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=120
colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Up to 90 days </B></P></TD>
<TD vAlign=bottom width=12>
<P>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=124
colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;More than 90 days up to 1 year </B></P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Subtotal </B></P></TD>
<TD vAlign=bottom width=13>
<P>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=123
colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Total Current (net) </B></P></TD>
<TD vAlign=bottom width=16>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=145>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Sep. 30, 2007 </B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Sep. 30, 2006 </B></P></TD>
<TD vAlign=bottom width=12>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Sep. 30, 2007 </B></P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Sep. 30, 2006 </B></P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Sep. 30, 2007 </B></P></TD>
<TD vAlign=bottom width=13>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Sep. 30, 2007 </B></P></TD>
<TD vAlign=bottom width=64>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Sep. 30, 2006 </B></P></TD>
<TD vAlign=bottom width=16>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=55>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Sep. 30, 2007 </B></P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Sep. 30, 2006 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=145>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=12>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=13>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=64>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=16>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=55>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=145>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Trade
receivables</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>27,654,913</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>24,015,313</P></TD>
<TD vAlign=bottom width=12>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>818,234</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>921,554</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>28,473,147</P></TD>
<TD vAlign=bottom width=13>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>27,368,686</P></TD>
<TD vAlign=bottom width=64>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>24,936,867</P></TD>
<TD vAlign=bottom width=16>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=55>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=145>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Allowance
for doubtful accounts</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=12>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>(1,104,461)</P></TD>
<TD vAlign=bottom width=13>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=64>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=16>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=55>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=145>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Notes
receivable</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>8,803,680</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>7,593,081</P></TD>
<TD vAlign=bottom width=12>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>485,597</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>334,878</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>9,289,277</P></TD>
<TD vAlign=bottom width=13>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>8,747,383</P></TD>
<TD vAlign=bottom width=64>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>7,927,959</P></TD>
<TD vAlign=bottom width=16>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=55>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=145>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Allowance
for doubtful accounts</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=12>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>(541,894)</P></TD>
<TD vAlign=bottom width=13>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=64>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=16>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=55>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=145>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Other
receivables</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>7,876,132</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>15,055,864</P></TD>
<TD vAlign=bottom width=12>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>707,663</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>622,929</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>8,583,795</P></TD>
<TD vAlign=bottom width=13>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>8,510,093</P></TD>
<TD vAlign=bottom width=64>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>15,678,793</P></TD>
<TD vAlign=bottom width=16>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=55>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>38,754</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>202,737</P></TD></TR>
<TR>
<TD vAlign=bottom width=145>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Allowance
for doubtful accounts</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=12>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>(73,702)</P></TD>
<TD vAlign=bottom width=13>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=64>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=16>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=55>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=145>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=12>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=13>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=123 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Total long term receivables</B></P></TD>
<TD vAlign=bottom width=16>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=55>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>38,754</B></P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>202,737</B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A5:J15></A>
<P style="MARGIN: 0px"><BR><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">14</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 6 - BALANCES AND
TRANSACTIONS WITH RELATED COMPANIES</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Receivable and payable
balances with related companies correspond to the following concepts: </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">1) &nbsp;Notes and
accounts receivable.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-LEFT: 18px; MARGIN: 0px; TEXT-INDENT: -18px; FONT-FAMILY: Palatino Linotype">Embonor
S.A.: Sale of products</P>
<P
style="PADDING-LEFT: 18px; MARGIN: 0px; TEXT-INDENT: -18px; FONT-FAMILY: Palatino Linotype">Embotelladora
Coca-Cola Polar S.A.: Sale of products</P>
<P
style="PADDING-LEFT: 18px; MARGIN: 0px; TEXT-INDENT: -18px; FONT-FAMILY: Palatino Linotype">Coca-Cola
de Chile S.A.: Advertising agreements </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A2:E8></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=237></TD>
<TD width=109></TD>
<TD width=109></TD>
<TD width=109></TD>
<TD width=109></TD></TR>
<TR>
<TD vAlign=bottom width=237>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Company </B></P></TD>
<TD vAlign=bottom width=218 colSpan=2>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Short Term </B></P></TD>
<TD vAlign=bottom width=218 colSpan=2>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Long Term </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=237>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2007 </B></P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2006 </B></P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2007 </B></P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2006 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=237>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=237>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">COCA
- - COLA DE CHILE S.A.</P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>269,597</P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>36,176</P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>37,432</P></TD></TR>
<TR>
<TD vAlign=bottom width=237>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">EMBONOR
S.A.</P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>320,353</P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>482,738</P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=237>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">EMBOTELLADORA
COCA-COLA POLAR S.A.</P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>293,591</P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>359,002</P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=237>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B>&nbsp;TOTAL
</B></P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>613,944</B></P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>1,111,337</B></P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>36,176</B></P></TD>
<TD vAlign=bottom width=109>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>37,432</B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">2) Notes and accounts
payable: </P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-LEFT: 18px; MARGIN: 0px; TEXT-INDENT: -18px; FONT-FAMILY: Palatino Linotype">Recofarma
Industrias Do Amazonas Ltda.: &nbsp;Concentrate purchases</P>
<P
style="PADDING-LEFT: 18px; MARGIN: 0px; TEXT-INDENT: -18px; FONT-FAMILY: Palatino Linotype">Envases
CMF S.A.: &nbsp;Raw material purchases</P>
<P
style="PADDING-LEFT: 18px; MARGIN: 0px; TEXT-INDENT: -18px; FONT-FAMILY: Palatino Linotype">Servicios
y Productos para Bebidas Refrescantes: Concentrate purchases </P>
<P
style="PADDING-LEFT: 18px; MARGIN: 0px; TEXT-INDENT: -18px; FONT-FAMILY: Palatino Linotype">Envases
Central S.A.: Net balance corresponds to raw materials and finished products
transactions. </P>
<P
style="PADDING-LEFT: 18px; MARGIN: 0px; TEXT-INDENT: -18px; FONT-FAMILY: Palatino Linotype">Envases
del Pac&#237;fico S.A.: Raw material purchases </P>
<P
style="PADDING-LEFT: 18px; MARGIN: 0px; TEXT-INDENT: -18px; FONT-FAMILY: Palatino Linotype">Cican
S.A.: &nbsp;Net balance corresponds to raw materials and finished products
transactions.</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Embonor S.A. and
Embotelladora Coca-Cola Polar S.A.: &nbsp;Corresponds to unearned income due to
commitments of sale of products of Vital S.A. to those companies, which will be
realized in accordance with future deliveries. </P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:E14></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=317></TD>
<TD width=89></TD>
<TD width=89></TD>
<TD width=89></TD>
<TD width=89></TD></TR>
<TR>
<TD width=317>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>Company </B></P></TD>
<TD width=178 colSpan=2>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Short Term </B></P></TD>
<TD width=178 colSpan=2>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Long Term </B></P></TD></TR>
<TR>
<TD width=317>
<P>&nbsp;</P></TD>
<TD width=89>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Sep. 30, 2007 </B></P></TD>
<TD width=89>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Sep. 30, 2006 </B></P></TD>
<TD width=89>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Sep. 30, 2007 </B></P></TD>
<TD width=89>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Sep. 30, 2006 </B></P></TD></TR>
<TR>
<TD width=317>
<P>&nbsp;</P></TD>
<TD width=89>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD width=89>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD width=89>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD width=89>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=317>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">RECOFARMA
INDUSTRIAS DO AMAZONAS LTDA.</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,899,733</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,448,787</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=317>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">ENVASES
CMF S.A.</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,384,199</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,588,661</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=317>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">SERVICIOS
Y PRODUCTOS PARA BEBIDAS REFRESCANTES</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1,534,202</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,050,866</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=317>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">COCA-COLA
DE CHILE S.A.</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>606,702</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=317>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">ENVASES
CENTRAL S.A.</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>561,515</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>212,977</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=317>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">CICAN
S.A.</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>273,042</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>179,943</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=317>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">ENVASES
DEL PACIFICO S.A.</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>63,077</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>87,668</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=317>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">CENTRALLI
REFRIGERANTE S.A.</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>103,950</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>22,345</P></TD></TR>
<TR>
<TD vAlign=bottom width=317>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">EMBONOR
S.A.</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,697,583</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>3,050,661</P></TD></TR>
<TR>
<TD vAlign=bottom width=317>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">EMBOTELLADORA
COCA-COLA POLAR S.A.</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>691,949</P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>780,860</P></TD></TR>
<TR>
<TD vAlign=bottom width=317>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B>TOTAL</B></P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>8,322,470</B></P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>7,568,902</B></P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>3,493,482</B></P></TD>
<TD vAlign=bottom width=89>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>3,853,866</B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">15</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">3) Transactions with
related companies </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The following table
includes the transactions with related companies that exceed ThCh$200,000. </P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Within the due course of
operations, the Company executed with IANSAGRO S.A. &nbsp;sugar future supply
agreements to cover sugar needs for the next two years approximately.</P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:G29></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=234></TD>
<TD width=82></TD>
<TD width=141></TD>
<TD width=45></TD>
<TD width=69></TD>
<TD width=45></TD>
<TD width=69></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Company </B></P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; TEXT-INDENT: 8px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>&nbsp;Relation
</B></P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>&nbsp;Transaction
</B></P></TD>
<TD vAlign=bottom width=114 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2007 </B></P></TD>
<TD vAlign=bottom width=114 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2006 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=82>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=141>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=114 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Effect on Income </B></P></TD>
<TD vAlign=bottom width=114 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Effect on Income </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=82>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=141>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Amount </B></P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;((charge)/credit) </B></P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Amount </B></P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;((charge)/credit) </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=82>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=141>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>ThCh$</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>ThCh$</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>ThCh$</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>ThCh$</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">ENVASES
CENTRAL S.A</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Equity
Investee</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">&nbsp;Purchase
of finished products </P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>11,575,610</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>9,991,381</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">&nbsp;Sale
of raw materials and supplies </P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,176,498</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>70,614</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>842,736</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>221,383</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">COCA-COLA
DE CHILE S.A.</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Shareholder</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">&nbsp;Purchase
of concentrate </P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>32,940,674</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>28,155,888</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">&nbsp;Advertising
participation payment </P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,014,032</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>(3,014,032)</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,148,903</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>(1,148,903)</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">&nbsp;Sale
of advertisement </P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,138,760</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,005,469</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">&nbsp;Water
source rental </P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,182,166</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>(1,182,166)</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>980,229</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>(980,232)</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">&nbsp;Other
sales </P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>324,458</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">RECOFARMA
INDUSTRIAS DO AMAZONAS LTDA.</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Shareholder
Related</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">&nbsp;Purchase
of concentrate </P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>38,952,564</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>26,915,312</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">&nbsp;Reimbursement
and other purchases </P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>370,244</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>370,244</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>366,466</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>366,466</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">&nbsp;Advertising
participation payment </P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,437,158</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,437,158</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,471,595</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,471,595</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">ENVASES
CMF</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Equity
Investee</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Purchase
of containers</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>11,129,405</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>10,044,844</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Sale
of finished products</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>123,652</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Dividend
payment</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,141,000</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,555,756</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">SERVICIOS
Y PRODUCTOS PARA BEBIDAS REFRESCANTES</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Shareholder</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Purchase
of concentrate</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>19,002,283</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>16,222,432</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">ENVASES
DEL PACIFICO S.A.</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Director
in Common</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Purchase
of raw materials</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>135,203</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>417,402</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">COCA-COLA
EMBONOR S.A.</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Shareholder
Related</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Sale
of products</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,916,007</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>852,685</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Purchase
of producst</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>243,810</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">EMBONOR
S.A.</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Shareholder
Related</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Sale
of products</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,971,486</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>362,571</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>5,226,477</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">EMBOTELLADORA
COCA-COLA POLAR S.A.</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Shareholder
Related</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Sale
of products</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,623,177</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>662,919</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,361,300</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">CICAN
S.A.</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Shareholder
Related</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Purchase
of finished products</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,259,860</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>761,187</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Shareholder
Related</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Sale
of raw materials</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>182,043</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>30,221</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">IANSAGARO
S.A.</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Director
in Common</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Purchase
of sugar</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>11,674,621</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6,596,900</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">VENDOMATICA
S.A.</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Shareholder
Related</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Sale
of finished products</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,021,487</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>928,714</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>928,714</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">BBVA
ADMINISTRADORA GENERAL DE FONDOS</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Shareholder
Related</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Investments
in mutual funds</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>44,510,881</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>50,522,985</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=141>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Redemption
of mutual funds</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>46,341,441</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>47,652,111</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">16</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 7 &#150; INVENTORIES</P>
<P style="MARGIN: 0px" align=center><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=134></TD>
<TD width=70></TD>
<TD width=90></TD>
<TD width=70></TD>
<TD width=18></TD>
<TD width=70></TD>
<TD width=90></TD>
<TD width=70></TD></TR>
<TR>
<TD vAlign=bottom width=134>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=232 colSpan=3>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>September 30, 2007</B></P></TD>
<TD vAlign=bottom width=18>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=232 colSpan=3>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>September 30, 2006</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=134>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Gross </B></P></TD>
<TD vAlign=bottom width=90>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Obsolecence </B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Net</B></P></TD>
<TD vAlign=bottom width=18>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Gross </B></P></TD>
<TD vAlign=bottom width=90>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Obsolecence </B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Net</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=134>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>value</U></B></P></TD>
<TD vAlign=bottom width=90>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>provision</U></B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>Value</U></B></P></TD>
<TD vAlign=bottom width=18>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>value</U></B></P></TD>
<TD vAlign=bottom width=90>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>provision</U></B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>Value</U></B></P></TD></TR>
<TR>
<TD vAlign=bottom width=134>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=90>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=18>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=90>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=134>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=90>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=18>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=90>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=134>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Raw
Materials</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>11,455,340 </P></TD>
<TD vAlign=bottom width=90>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>(188,972)</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>11,266,368 </P></TD>
<TD vAlign=bottom width=18>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>10,302,425</P></TD>
<TD vAlign=bottom width=90>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>(78,715)</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>10,223,710 </P></TD></TR>
<TR>
<TD vAlign=bottom width=134>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Finished
products</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>11,448,202 </P></TD>
<TD vAlign=bottom width=90>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>(416,025)</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>11,032,177 </P></TD>
<TD vAlign=bottom width=18>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>9,370,399</P></TD>
<TD vAlign=bottom width=90>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>(374,391)</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>8,996,008 </P></TD></TR>
<TR>
<TD vAlign=bottom width=134>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Products
in process</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1,343,661 </P></TD>
<TD vAlign=bottom width=90>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0 </P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1,343,661 </P></TD>
<TD vAlign=bottom width=18>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1,907,635</P></TD>
<TD vAlign=bottom width=90>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0 </P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1,907,635 </P></TD></TR>
<TR>
<TD vAlign=bottom width=134>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Raw
Materials in Transit</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>471,713 </P></TD>
<TD vAlign=bottom width=90>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>(23,392)</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>448,321 </P></TD>
<TD vAlign=bottom width=18>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>741,668</P></TD>
<TD vAlign=bottom width=90>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0 </P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>741,668 </P></TD></TR>
<TR>
<TD vAlign=bottom width=134>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B>Total</B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>24,718,916 </B></P></TD>
<TD vAlign=bottom width=90>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>(628,389)</B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>24,090,527 </B></P></TD>
<TD vAlign=bottom width=18>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>22,322,127 </B></P></TD>
<TD vAlign=bottom width=90>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>(453,106)</B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>21,869,021 </B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!B1:H10></A><A
name=RANGE!B1:I10></A><A name=RANGE!B1:I11></A>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">17</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 8 - INCOME TAXES AND
DEFERRED INCOME TAXES</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 47px; MARGIN-BOTTOM: -16px; TEXT-INDENT: -47px; FONT-FAMILY: Palatino Linotype">a)</P>
<P style="PADDING-LEFT: 47px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">At
period end 2007 and 2006, the Company did no present taxable profit or
non-taxable profit funds. &nbsp;Short-term and long-term assets and liabilities
must be netted out to compose the general balance sheet on deferred taxes.</P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:I25></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=181></TD>
<TD width=52></TD>
<TD width=53></TD>
<TD width=53></TD>
<TD width=57></TD>
<TD width=65></TD>
<TD width=66></TD>
<TD width=69></TD>
<TD width=71></TD></TR>
<TR>
<TD vAlign=top width=181>
<P>&nbsp;</P></TD>
<TD width=217 colSpan=4>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2007 </B></P></TD>
<TD width=272 colSpan=4>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2006 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P>&nbsp;</P></TD>
<TD vAlign=top width=106 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Assets </B></P></TD>
<TD vAlign=top width=111 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Liabilities </B></P></TD>
<TD vAlign=top width=131 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Assets </B></P></TD>
<TD vAlign=top width=141 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Liabilities </B></P></TD></TR>
<TR>
<TD vAlign=top width=181>
<P>&nbsp;</P></TD>
<TD width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Short Term </B></P></TD>
<TD width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Long Term </B></P></TD>
<TD width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Short Term </B></P></TD>
<TD width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Long Term </B></P></TD>
<TD width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Short Term </B></P></TD>
<TD width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Long Term </B></P></TD>
<TD width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Short Term </B></P></TD>
<TD width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Long Term </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P>&nbsp;</P></TD>
<TD vAlign=top width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=top width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=top width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=top width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=top width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=top width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=top width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=top width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B><U>Temporary
Differences</U></B></P></TD>
<TD vAlign=top width=52>
<P>&nbsp;</P></TD>
<TD vAlign=top width=53>
<P>&nbsp;</P></TD>
<TD vAlign=top width=53>
<P>&nbsp;</P></TD>
<TD vAlign=top width=57>
<P>&nbsp;</P></TD>
<TD vAlign=top width=65>
<P>&nbsp;</P></TD>
<TD vAlign=top width=66>
<P>&nbsp;</P></TD>
<TD vAlign=top width=69>
<P>&nbsp;</P></TD>
<TD vAlign=top width=71>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P>&nbsp;</P></TD>
<TD vAlign=top width=52>
<P>&nbsp;</P></TD>
<TD vAlign=top width=53>
<P>&nbsp;</P></TD>
<TD vAlign=top width=53>
<P>&nbsp;</P></TD>
<TD vAlign=top width=57>
<P>&nbsp;</P></TD>
<TD vAlign=top width=65>
<P>&nbsp;</P></TD>
<TD vAlign=top width=66>
<P>&nbsp;</P></TD>
<TD vAlign=top width=69>
<P>&nbsp;</P></TD>
<TD vAlign=top width=71>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Allowance
for doubtful accounts</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>299,696</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>42,652</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>231,155</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>24,995</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Vacation
provision</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>159,836</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>167,640</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Production
expenses</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>19,316</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Depreciation
of property, plant &amp; equipment</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>107,379</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,615,677</P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>131,773</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>4,253,759</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Severance
indmenities</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>30,059</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>197,949</P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>977</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>35,082</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>263,141</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Provision
for assets write off</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>355,212</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>723,824</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>278,501</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,305,044</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Provision
for labor lawsuits</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,254,581</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>5,726,996</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Tax
loss carry-forwards</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,224,753</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,931,495</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,030,577</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6,160,268</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Guarantee
deposit</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,000,000</P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,749,750</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Others</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,146,648</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>774,982</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,096,370</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>718,575</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>12,353</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Local
bond issue expenses</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>148,445</P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>194,245</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Contingency
allowance</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>230,945</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,097,941</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Social
contributions</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>371,008</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,555,124</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Accrued
interests abroad</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>4,342,010</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>4,018,960</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Exchange
rate difference</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>12,011,973</P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B><U>Others</U></B></P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=57>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=65>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=66>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=69>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=71>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Complementary
accounts, net of amortization</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>(2,096,061)</P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>(4,333,913)</P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>(2,993,427)</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Valuation
allowance</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=57>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>(9,814,865)</P></TD>
<TD vAlign=bottom width=69>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=71>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>Total</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>5,186,145</B></P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>5,958,479</B></P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>4,479,448</B></P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>14,877,983</B></P></TD>
<TD vAlign=bottom width=65>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>3,195,544</B></P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>4,440,165</B></P></TD>
<TD vAlign=bottom width=69>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>4,185,815</B></P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>4,479,821</B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">18</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">b)</P>
<P style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">The
following table contains information on deferred income taxes at each
period-end.</P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:I26></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=455></TD>
<TD width=107></TD>
<TD width=107></TD></TR>
<TR>
<TD vAlign=bottom width=455>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2007 </B></P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2006 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=455>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=455>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Current tax expense
(tax allowance)</P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(11,531,474)</P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(7,766,566)</P></TD></TR>
<TR>
<TD vAlign=bottom width=455>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Tax expense
adjustment (previous period)</P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>380,372
</P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(163,148)</P></TD></TR>
<TR>
<TD vAlign=bottom width=455>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Deferred income tax
expense/effect over assets or liabilities</P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(2,904,534)</P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(2,903,384)</P></TD></TR>
<TR>
<TD vAlign=bottom width=455>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Amortization of
deferred income tax asset and liability complementary accounts</P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(627,393)</P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(339,989)</P></TD></TR>
<TR>
<TD vAlign=bottom width=455>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Deferred income tax
expense/effect over assets or liabilities due to changes in the valuation
allowance </P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>0
</P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>1,975,646 </P></TD></TR>
<TR>
<TD vAlign=bottom width=455>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Other charges or
credits</P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(1,020,601)</P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>463,122
</P></TD></TR>
<TR>
<TD vAlign=bottom width=455>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>Total
</B></P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>(15,703,630)</B></P></TD>
<TD vAlign=bottom width=107>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>(8,734,319)</B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">19</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:I27></A>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:C9></A><A
name=RANGE!A1:C10></A><A name=RANGE!A4:C12></A><A name=RANGE!A4:C13></A>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 9 - SHORT AND
LONG-TERM LEASING AGREEMENTS AND LEASING ASSETS</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Not applicable.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 10 - OTHER CURRENT
ASSETS</P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:C8></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=310></TD>
<TD width=150></TD>
<TD width=150></TD></TR>
<TR>
<TD vAlign=bottom width=310>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=150>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>September 30, 2007</B></P></TD>
<TD vAlign=bottom width=150>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>September 30, 2006</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=310>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=150>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=150>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=310>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Cross currency swap
effects</P></TD>
<TD vAlign=bottom width=150>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>29,217,137 </P></TD>
<TD vAlign=bottom width=150>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>2,763,149 </P></TD></TR>
<TR>
<TD vAlign=bottom width=310>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Supplies</P></TD>
<TD vAlign=bottom width=150>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>4,123,375 </P></TD>
<TD vAlign=bottom width=150>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>4,131,571 </P></TD></TR>
<TR>
<TD vAlign=bottom width=310>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Accrued interest on
long-term bonds</P></TD>
<TD vAlign=bottom width=150>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>299,230
</P></TD>
<TD vAlign=bottom width=150>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>1,478,475 </P></TD></TR>
<TR>
<TD vAlign=bottom width=310>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Wachovia Investment
Fund (restricted)</P></TD>
<TD vAlign=bottom width=150>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>120,995
</P></TD>
<TD vAlign=bottom width=150>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>0
</P></TD></TR>
<TR>
<TD vAlign=bottom width=310>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Others</P></TD>
<TD vAlign=bottom width=150>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>638,937
</P></TD>
<TD vAlign=bottom width=150>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>723,674
</P></TD></TR>
<TR>
<TD vAlign=bottom width=310>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>Total</B></P></TD>
<TD vAlign=bottom width=150>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>34,399,674 </B></P></TD>
<TD vAlign=bottom width=150>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>9,096,869 </B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A10:C19></A>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 11 - REPURCHASE /
RESALE AGREEMENTS</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The Company had no
agreements of this type.</P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">20</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 12 - PROPERTY, PLANT
AND EQUIPMENT</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Property, plant and
equipment consist principally of land, buildings, improvements and machinery.
Machinery and equipment included production lines and supporting equipment;
sugar processing and liquefaction equipment; transportation machinery; and
computer equipment. &nbsp;The Company has purchased insurance to cover its fixed
assets and inventories. &nbsp;These assets are geographically distributed as
follows:</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">Chile</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">:
</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 141px; FONT-FAMILY: Palatino Linotype">Santiago,
Renca, Rancagua, San Antonio and Rengo</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">Argentina</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">:
</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 141px; FONT-FAMILY: Palatino Linotype">Buenos
Aires, Mendoza, Cordoba, and Rosario</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">Brazil</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">:
</P>
<P style="MARGIN: 0px; TEXT-INDENT: 141px; FONT-FAMILY: Palatino Linotype">Rio
de Janeiro, Niteroi, Campos, Cabo Fr&#237;o, Nova Igua&#231;u, Espirito Santo and
Vitoria.</P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:G35></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=246></TD>
<TD width=86></TD>
<TD width=88></TD>
<TD width=73></TD>
<TD width=73></TD>
<TD width=88></TD>
<TD width=73></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>a)
Main Components of Property Plant &amp; Equipment</B></P></TD>
<TD vAlign=bottom width=86>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=248 colSpan=3>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Balances at September 30, 2007</B></P></TD>
<TD vAlign=bottom width=235 colSpan=3>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Balances at September 30, 2006</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=86>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Assets</B></P></TD>
<TD vAlign=bottom width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Accumulated Depreciation</B></P></TD>
<TD vAlign=bottom width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Net property, plant &amp; equipment</B></P></TD>
<TD vAlign=bottom width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Assets</B></P></TD>
<TD vAlign=bottom width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Accumulated Depreciation</B></P></TD>
<TD vAlign=bottom width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Net property, plant &amp; equipment</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=86>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Land</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=86>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>16,605,293</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>16,605,293</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>15,029,873</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>15,029,873</P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Buildings
and improvements</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=86>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>94,378,327</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>(35,648,123)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>58,730,204</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>86,823,633</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>(34,484,537)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>52,339,096</P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Machinery
and equipment</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=86>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>223,967,489</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>(176,881,767)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>47,085,722</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>228,441,805</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>(179,153,998)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>49,287,807</P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Other
property, plant and equipment</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=86>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>218,387,142</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>(185,801,743)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>32,585,399</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>218,961,415</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>(186,068,395)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>32,893,020</P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Technical
reappraisal of property, plant &amp; equipment</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=86>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>2,160,897</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>(656,160)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>1,504,737</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>2,161,270</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>(655,729)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>1,505,541</P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>Total</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=86>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>555,499,148</B></P></TD>
<TD vAlign=bottom width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>(398,987,793)</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>156,511,355</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>551,417,996</B></P></TD>
<TD vAlign=bottom width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>(400,362,659)</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=73>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>151,055,337</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=86>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>b)
Other fixed assets</B></P></TD>
<TD vAlign=bottom width=86>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=174 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Balances at September 30,</B></P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=86>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>2007</B></P></TD>
<TD vAlign=bottom width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>2006</B></P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=86>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Containers</P></TD>
<TD vAlign=top width=86>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>127,053,655</P></TD>
<TD vAlign=top width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>121,012,236</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Refrigerating
equipment, promotional items and other minor assets</P></TD>
<TD vAlign=top width=86>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>56,858,853</P></TD>
<TD vAlign=top width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>58,056,600</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Furniture
and tools</P></TD>
<TD vAlign=top width=86>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>7,765,517</P></TD>
<TD vAlign=top width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>4,202,730</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Other</P></TD>
<TD vAlign=top width=86>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>26,709,117</P></TD>
<TD vAlign=top width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>35,689,849</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>Total
other property, plant and equipment</B></P></TD>
<TD vAlign=top width=86>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>218,387,142</B></P></TD>
<TD vAlign=top width=88>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>218,961,415</B></P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=246>
<P>&nbsp;</P></TD>
<TD vAlign=top width=86>
<P>&nbsp;</P></TD>
<TD vAlign=top width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=73>
<P>&nbsp;</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">21</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=160></TD>
<TD width=103></TD>
<TD width=104></TD>
<TD width=83></TD>
<TD width=71></TD>
<TD width=83></TD>
<TD width=98></TD></TR>
<TR>
<TD vAlign=bottom width=160>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>c)
Technical Reappraisal</B></P></TD>
<TD vAlign=bottom width=103>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=104>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=83>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=71>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=83>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=98>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=160>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=103>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=104>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=83>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=71>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=83>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=98>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=160>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=291 colSpan=3>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Balances at September 30, 2007</B></P></TD>
<TD vAlign=bottom width=254 colSpan=3>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Balances at September 30, 2006</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=160>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=103>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Assets</B></P></TD>
<TD vAlign=bottom width=104>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Accumulated Depreciation</B></P></TD>
<TD vAlign=bottom width=83>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Net property, plant &amp; equipment</B></P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Assets</B></P></TD>
<TD vAlign=bottom width=83>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Accumulated Depreciation</B></P></TD>
<TD vAlign=bottom width=98>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Net property, plant &amp; equipment</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=160>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=103>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=104>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=83>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=83>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=98>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=160>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Land</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=103>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>1,443,197</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=104>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=83>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>1,443,197</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=71>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>1,443,337</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=83>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=98>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>1,443,337</P></TD></TR>
<TR>
<TD vAlign=bottom width=160>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Buildings
and improvements</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=103>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>202,047</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=104>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>(144,845)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=83>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>57,202</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=71>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>202,064</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=83>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>(140,078)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=98>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>61,986</P></TD></TR>
<TR>
<TD vAlign=bottom width=160>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Machinery
and equipment</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=103>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>515,653</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=104>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>(511,315)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=83>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>4,338</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=71>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>515,869</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=83>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>(515,651)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=98>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>218</P></TD></TR>
<TR>
<TD vAlign=bottom width=160>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>Total</B></P></TD>
<TD vAlign=bottom width=103>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>2,160,897 </B></P></TD>
<TD vAlign=bottom width=104>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>(656,160)</B></P></TD>
<TD vAlign=bottom width=83>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>1,504,737 </B></P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>2,161,270 </B></P></TD>
<TD vAlign=bottom width=83>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>(655,729)</B></P></TD>
<TD vAlign=bottom width=98>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>1,505,541 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=160>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=103>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=104>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=83>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=71>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=83>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=98>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=160>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>d)
Depreciation for the period </B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=103>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=104>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=83>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=71>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=83>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=98>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=160>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B></B>&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=103>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=104>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=83>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=71>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=83>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=98>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=706 colSpan=7>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Depreciation
charges for the period amounted to ThCh$ 21,889,881(ThCh$23,523,054 in
2006) of which ThCh$ 16,229,897 (ThCh$17,101,450 in 2006) are included
under Operating Costs and ThCh$ 5,660,014 (ThCh$ 6,421,604 in 2006) under
Sales and Adminsitrative Expenses in the income
statement.</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">22</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 13 - SALES
TRANSACTIONS UNDER LEASEBACK AGREEMENTS</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The Company had no
agreements of this type.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 14 - INVESTMENT IN
RELATED COMPANIES</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 47px; MARGIN-BOTTOM: -16px; TEXT-INDENT: -47px; FONT-FAMILY: Palatino Linotype">1.</P>
<P
style="PADDING-LEFT: 47px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Investments
in related companies and the corresponding direct shareholding in equity, as
well as the recognition of unrealized income at year end of the respective
years, are shown in the table attached.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">The
main changes occurred in the reported periods are described below:</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-LEFT: 48px; MARGIN: 0px; TEXT-INDENT: -1px; FONT-FAMILY: Palatino Linotype">By
a public deed dated June 5, 2006, the company Andina Inversiones Societarias
S.A. was divided, creating a new company, &#147;Andina Inversiones Societarias Dos
S.A.&#148;. with the same shareholders and the same ownership interest as in the
first one, with a capital of ThCh$24,405,291 and that corresponds to the
investment in Envases Multipack Ltda. &nbsp;The financial impact of this
division is recorded beginning January 1, 2006. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-LEFT: 47px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">By a
public deed dated August 31, 2006 Andina Inversiones Societarias Dos S.A.
changed its corporate name to Andina Inversiones Societarias Dos Ltda. (thus
becoming a limited responsibility corporation).</P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-LEFT: 47px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">On
November 15, 2006 Embotelladora Andina S.A. acquired 0.0001% of the social
rights of Andina Inversiones Societarias Dos Ltda., consequently the company has
been completely merged into Embotelladora Andina since 100% ownership interest
is now held by Embotelladora Andina. &nbsp;Likewise, Envases Multipack Ltda. is
now fully merged into Embotelladora Andina since it originally held 5% and
Andina Inversiones Societarias Dos Ltda. held the remaining 95%. </P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN: 0px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">Centralli
Refrigerantes S.A. records a negative equity, which has been provisioned
accordingly. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-LEFT: 47px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The
investments in Kaik Partipacoes Ltda. (Brazil) and in Cican S.A. (Argentina),
where Embotelladora Andina S.A. holds an indirect ownership of 11.32% and 15.2%
respectively, have been valued according to the equity method, because we have
presence in both companies through a Director, who participates in the
procedures for setting policies, operating and financial decisions in accordance
with the ownership structure of both companies, which are exclusively owned by
Coca-Cola bottlers in Brazil and Argentina, respectively.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-LEFT: 47px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The
investment in Envases Central S.A. is presented with a 48% reduction (the
percentage share on the date of transaction) of the earnings generated during
the sale to Envases Central during December 1996 for property located in Renca,
because this transaction represents unrealized income for Embotelladora Andina
S.A. &nbsp;The amount of the reduction is reflected in the following chart.
&nbsp;This transaction will be realized once the property is transferred to a
third party different from the group.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-LEFT: 47px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The
investment in Envases CMF S.A. is presented with a 50% reduction of the earnings
generated during the sale of machinery and equipment of our subsidiary Envases
Multipack S.A. which took place in June, 2001, and will be recorded under
Results during the remaining useful life period of the goods sold to Envases CMF
S.A. &nbsp;</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-LEFT: 47px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Unrealized
income corresponds to transactions between subsidiaries and/or the parent
company that have been deducted or added to the category of the originating
asset with the following effect on income of the subsidiaries: </P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">23</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0 align=center>
<TR style="FONT-SIZE: 0px">
<TD width=131></TD>
<TD width=185></TD>
<TD width=61></TD>
<TD width=61></TD></TR>
<TR>
<TD vAlign=bottom width=131>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=185>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=123 colSpan=2>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>September 30,
</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=131>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=185>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>2007</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>2006</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=131>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=185>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>ThCh$</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=131>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Envases CMF S.A.
</P></TD>
<TD vAlign=bottom width=185>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Purchase of
containers</P></TD>
<TD vAlign=bottom width=61>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(640,737)</P></TD>
<TD vAlign=bottom width=61>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(743,374)</P></TD></TR>
<TR>
<TD vAlign=bottom width=131>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Envases Central
S.A.</P></TD>
<TD vAlign=bottom width=185>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Purchase of
finished products</P></TD>
<TD vAlign=bottom width=61>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(3,845)</P></TD>
<TD vAlign=bottom width=61>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(4,122)</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">2.</P>
<P style="MARGIN: 0px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">No
liabilities have been designated as hedging instruments for investments
abroad.</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">3.</P>
<P style="MARGIN: 0px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">Income
likely to be remitted by subsidiaries abroad amounts to US$239 million. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">24</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 739px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The following table
presents a detail of the investments in related companies and the related direct
participation in equity and unrealized results at each period end.</P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=88></TD>
<TD width=44></TD>
<TD width=40></TD>
<TD width=40></TD>
<TD width=37></TD>
<TD width=37></TD>
<TD width=38></TD>
<TD width=38></TD>
<TD width=38></TD>
<TD width=38></TD>
<TD width=38></TD>
<TD width=38></TD>
<TD width=38></TD>
<TD width=38></TD>
<TD width=38></TD>
<TD width=38></TD>
<TD width=38></TD>
<TD width=37></TD></TR>
<TR>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=40>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=40>
<P>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=75
colSpan=2>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Ownership Interest </B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=76
colSpan=2>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Equity of companies </B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=76
colSpan=2>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Income (loss) for the period </B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=76
colSpan=2>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Accrued income </B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=76
colSpan=2>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Partic. in net income (loss) </B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=76
colSpan=2>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Unrealized income (loss) </B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=75
colSpan=2>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Book value of investment </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=88>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"><B>&nbsp;Company
</B></P></TD>
<TD vAlign=bottom width=44>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"><B>&nbsp;Country
</B></P></TD>
<TD vAlign=bottom width=40>
<P
style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"><B>&nbsp;Functional
Currency </B></P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"><B>&nbsp;Number
of Shares </B></P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Sep. &nbsp;30, &nbsp;2007 </B></P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Sep. &nbsp;30, 2006 </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Sep. &nbsp;30, &nbsp;2007 </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Sep. &nbsp;30, 2006 </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Sep. &nbsp;30, &nbsp;2007 </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Sep. &nbsp;30, 2006 </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Sep. &nbsp;30, &nbsp;2007 </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Sep. &nbsp;30, 2006 </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Sep. &nbsp;30, &nbsp;2007 </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Sep. &nbsp;30, 2006 </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Sep. &nbsp;30, &nbsp;2007 </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Sep. &nbsp;30, 2006 </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Sep. &nbsp;30, &nbsp;2007 </B></P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;Sep. &nbsp;30, 2006 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=40>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=40>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;% </B></P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;% </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center><B>&nbsp;ThCh$ </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=88>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt">ENVASES CMF
S.A.</P></TD>
<TD vAlign=bottom width=44>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt">CHILE</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center>Ch$</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28,000 </P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center>50.00</P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center>50.00</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>35,658,026</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>38,177,903</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>2,455,146</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>2,309,097</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>586,836</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>411,172</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>17,829,013</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>19,088,953</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>1,051,438</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>1,128,016</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>16,777,575</P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>17,960,937</P></TD></TR>
<TR>
<TD vAlign=bottom width=88>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt">ENVASES CENTRAL
S.A.</P></TD>
<TD vAlign=bottom width=44>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt">CHILE</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center>Ch$</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>&nbsp;&nbsp;&nbsp;1,499,398 </P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center>49.00</P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center>49.00</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>4,378,174</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>4,420,787</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>(301,886)</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>(296,657)</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>(154,516)</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>(152,184)</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>2,185,147</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>2,206,414</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>236,471</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>236,494</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>1,948,676</P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>1,969,920</P></TD></TR>
<TR>
<TD vAlign=bottom width=88>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt">KAIK
PARTIPACOES</P></TD>
<TD vAlign=bottom width=44>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt">BRAZIL</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center>US$</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>&nbsp;16,098,919 </P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center>11.00</P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center>11.00</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>9,296,036</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>13,757,931</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>567,110</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>184,547</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>64,195</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>20,891</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>1,052,283</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>1,557,357</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>0</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>0</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>1,052,283</P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>1,557,357</P></TD></TR>
<TR>
<TD vAlign=bottom width=88>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt">CICAN S.A.</P></TD>
<TD vAlign=bottom width=44>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt">ARGENTINA</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center>US$</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,040
</P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center>15.00</P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=center>15.00</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>5,661,190</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>7,942,413</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>(14,507)</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>(332,519)</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>(220,512)</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>50,543</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>860,501</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>1,207,246</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>0</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>0</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>860,501</P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right>1,207,246</P></TD></TR>
<TR>
<TD vAlign=bottom width=88>
<P
style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"><B>TOTALS</B></P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=40>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=40>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=37>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=37>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=38>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=38>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=38>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=38>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=38>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=38>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right><B>21,926,944</B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right><B>24,059,970</B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right><B>1,287,909</B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right><B>1,364,510</B></P></TD>
<TD vAlign=bottom width=38>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right><B>20,639,035</B></P></TD>
<TD vAlign=bottom width=37>
<P style="FONT-SIZE: 5pt; MARGIN: 0px; LINE-HEIGHT: 7pt"
align=right><B>22,695,460</B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A3:S10></A><A
name=RANGE!A3:R10></A>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">25</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A3:S12></A><A name=RANGE!A3:S5></A>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 15 - INVESTMENTS IN
OTHER COMPANIES</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">In accordance with
Circular 1501, no information was reported since this balance represents less
than 10% of Other assets.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 16 &#150; GOODWILL AND
NEGATIVE GOODWILL </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=238></TD>
<TD width=101></TD>
<TD width=108></TD>
<TD width=101></TD>
<TD width=113></TD></TR>
<TR>
<TD vAlign=bottom width=238>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=209 colSpan=2>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><U>&nbsp;September 30, 2007 </U></P></TD>
<TD vAlign=bottom width=214 colSpan=2>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><U>&nbsp;September 30, 2006 </U></P></TD></TR>
<TR>
<TD vAlign=bottom width=238>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=101>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;Amortization during the period </P></TD>
<TD vAlign=bottom width=108>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;Goodwill balance </P></TD>
<TD vAlign=bottom width=101>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;Amortization during the period </P></TD>
<TD vAlign=bottom width=113>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;Goodwill balance </P></TD></TR>
<TR>
<TD vAlign=bottom width=238>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;Company </P></TD>
<TD vAlign=bottom width=101>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;ThCh$ </P></TD>
<TD vAlign=bottom width=108>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;ThCh$ </P></TD>
<TD vAlign=bottom width=101>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;ThCh$ </P></TD>
<TD vAlign=bottom width=113>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;ThCh$ </P></TD></TR>
<TR>
<TD vAlign=bottom width=238>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=101>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=108>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=101>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=113>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=238>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">RIO
DE JANEIRO REFRESCOS LTDA.</P></TD>
<TD vAlign=bottom width=101>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2,588,598
</P></TD>
<TD vAlign=bottom width=108>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37,379,322
</P></TD>
<TD vAlign=bottom width=101>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2,836,207
</P></TD>
<TD vAlign=bottom width=113>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44,783,279
</P></TD></TR>
<TR>
<TD vAlign=bottom width=238>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">EMBOTELLADORA
DEL ATLANTICO S.A.</P></TD>
<TD vAlign=bottom width=101>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2,008,779
</P></TD>
<TD vAlign=bottom width=108>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22,807,846
</P></TD>
<TD vAlign=bottom width=101>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2,209,332
</P></TD>
<TD vAlign=bottom width=113>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28,030,722
</P></TD></TR>
<TR>
<TD vAlign=bottom width=238>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">VITAL
S.A.</P></TD>
<TD vAlign=bottom width=101>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74,659
</P></TD>
<TD vAlign=bottom width=108>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-
&nbsp;&nbsp;</P></TD>
<TD vAlign=bottom width=101>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103,965
</P></TD>
<TD vAlign=bottom width=113>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;589,137
</P></TD></TR>
<TR>
<TD vAlign=bottom width=238>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B>Total</B></P></TD>
<TD vAlign=bottom width=101>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,672,036
</B></P></TD>
<TD vAlign=bottom width=108>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60,187,168
</B></P></TD>
<TD vAlign=bottom width=101>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,149,504
</B></P></TD>
<TD vAlign=bottom width=113>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73,403,138
</B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A2:F5></A><A name=RANGE!A2:F10></A>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 17 &#150; INTANGIBLES</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">In accordance with
Circular 1501, no information was reported since the balance represents less
than 10% of Other assets.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">26</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 18 - OTHER LONG TERM
ASSETS</P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:B27></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=301></TD>
<TD width=61></TD>
<TD width=66></TD></TR>
<TR>
<TD vAlign=bottom width=301>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=128 colSpan=2>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>September 30,</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=301>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>2007</U></B></P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>2006</U></B></P></TD></TR>
<TR>
<TD vAlign=bottom width=301>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Bonds</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=61>
<P style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=66>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Compa&#241;&#237;a
Manufacturera de Papeles y Cartones S.A.</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>6,986,648</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>7,783,550</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Codelco
S.A.</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,380,106</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>5,737,852</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Raytheon
Company</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,025,603</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,284,692</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International
Paper Company</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1,998,819</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,249,082</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celulosa
Arauco S.A.</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1,531,850</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>12,813,303</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tel&#233;fonos
de M&#233;xico S.A.</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1,023,497</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>7,518,462</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enap
S.A.</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>9,974,380</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Endesa
S.A.</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>8,518,010</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chile
Soberano</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>8,067,533</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petr&#243;leos
Mexicanos S.A.</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>7,864,395</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;M&#233;xico
Soberano</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>5,230,566</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Federal
Home Loan Bank (FHLB)</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,817,827</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brasil
Telecom S.A.</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,254,978</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altria
Group</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1,288,933</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alcoa
Inc.</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1,147,227</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United
States Treasury Notes</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1,139,952</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=66>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">CLN
Endesa -Deutsche Bank A.G.</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>5,622,704</P></TD></TR>
<TR>
<TD vAlign=bottom width=301>
<P>&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Judicial
Deposits (Brazil)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>6,729,865</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>5,224,039</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Recovery
of fiscal credit (Brazil)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>5,342,444</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Issuance
Bond Placement</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,904,271</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>3,238,782</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Cross
Currency Swap</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,874,636</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>24,942,791</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Spare
parts</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,807,725</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,913,763</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Prepaid
expenses</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,732,454</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1,713,980</P></TD></TR>
<TR>
<TD vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Non
operating assets</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>514,521</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>943,414</P></TD></TR>
<TR>
<TD vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Others</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>57,052</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1,405,354</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=301>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B>Total</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=61>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>39,909,491</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=66>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>132,695,569</B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">27</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 19 - SHORT-TERM BANK
LIABILITIES</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 18px; MARGIN-BOTTOM: -16px; TEXT-INDENT: -18px; FONT-FAMILY: Palatino Linotype">a)</P>
<P style="PADDING-LEFT: 18px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Short
Term</P><A name=RANGE!A1:I19></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=123></TD>
<TD width=70></TD>
<TD width=85></TD>
<TD width=85></TD>
<TD width=85></TD>
<TD width=70></TD>
<TD width=70></TD>
<TD width=70></TD>
<TD width=70></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=466 colSpan=6>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Currency or Indexation Adjustment </B></P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=155 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;US Dollars </B></P></TD>
<TD vAlign=bottom width=170 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Other foreign currencies </B></P></TD>
<TD vAlign=bottom width=140 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Non indexed Ch$ </B></P></TD>
<TD vAlign=bottom width=140 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;TOTAL </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>&nbsp;Bank
or Financial Institution </B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;September 30, 2007 </U></B></P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;September 30, <BR>2006 </U></B></P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;September 30, <BR>2007 </U></B></P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;September 30, <BR>2006 </U></B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;September 30,<BR>2007 </U></B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;September 30,<BR>2006 </U></B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;September 30,<BR>2007 </U></B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;September 30,<BR>2006 </U></B></P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">BANCO
JP MORGAN</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>8,992,218</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;0 </P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;0 </P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;8,992,218 </P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">BANCO
DO BRASIL</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,585,966</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;0 </P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;0 </P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;2,585,966 </P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">CITIBANK
N,A,</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6,465,435</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;0 </P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;0 </P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;6,465,435 </P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">BANCO
BBVA</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,512,000</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;0 </P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;2,512,000 </P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;0 </P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">BANCO
GALICIA</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6,089,274</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;0 </P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;6,089,274 </P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;0 </P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">BANCO
SANTANDER</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>393</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;0 </P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;393 </P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">TOTAL</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>15,457,653</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6,089,274</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,585,966</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,512,393</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;0 </P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;8,601,667 </P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;18,043,619 </P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>Outstanding
Balance</B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>14,348,797</B></P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>6,032,514</B></P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>2,469,882</B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>2,512,000</B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>&nbsp;8,544,514 </B></P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>&nbsp;16,818,679 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=85>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=85>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=85>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=155 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;US Dollars </B></P></TD>
<TD vAlign=bottom width=170 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Other foreign currencies </B></P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;September 30, 2007 </U></B></P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;September 30, 2006 </U></B></P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;September 30, 2007 </U></B></P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;September 30, 2006 </U></B></P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Annual
average interest rate (%)</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>5.79%</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>11.55%</P></TD>
<TD vAlign=bottom width=85>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>8.75%</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=85>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=85>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=85>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Foreign
currency liabilities (%)</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>71.00</P></TD>
<TD vAlign=bottom width=85>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=85>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=85>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Local
currency liabilities (%)</P></TD>
<TD vAlign=bottom width=70>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>29.00</P></TD>
<TD vAlign=bottom width=85>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=85>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=85>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=70>
<P>&nbsp;</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">b)</P>
<P style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Long
term &#150; Portion Short Term</P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:E16></A><A
name=RANGE!A1:E15></A><A name=RANGE!A1:E17></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=235></TD>
<TD width=123></TD>
<TD width=123></TD></TR>
<TR>
<TD vAlign=bottom width=235>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=246 colSpan=2>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B><U>Currency
or indexation adjustment</U></B></P></TD></TR>
<TR>
<TD vAlign=bottom width=235>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=246 colSpan=2>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Other foreign currencies</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=235>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B>Bank</B></P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;September 30, 2007 </U></B></P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;September 30, 2006 </U></B></P></TD></TR>
<TR>
<TD vAlign=bottom width=235>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=235>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">BANCO
ALFA</P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>117,198</P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>4,143</P></TD></TR>
<TR>
<TD vAlign=bottom width=235>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">BANCO
SANTANDER</P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>86,214</P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>439,725</P></TD></TR>
<TR>
<TD vAlign=bottom width=235>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">BANCO
BOSTON</P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>5,366</P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>44,173</P></TD></TR>
<TR>
<TD vAlign=bottom width=235>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">BANCO
VOTORANTIM</P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1,700</P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=235>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Total</P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>210,478</P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>488,041</P></TD></TR>
<TR>
<TD vAlign=bottom width=235>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B>Outstanding
balance</B></P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>210,478</B></P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>461,214</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=235>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=123>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=123>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=235>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=246 colSpan=2>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Other foreign currencies</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=235>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;September 30, 2007 </U></B></P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;September 30, 2006 </U></B></P></TD></TR>
<TR>
<TD vAlign=bottom width=235>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Average
annual interest rate (%)</P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>13.47%</P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>15.66%</P></TD></TR>
<TR>
<TD vAlign=bottom width=235>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Other
foreign currency liabilities (%)</P></TD>
<TD vAlign=bottom width=123>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>100</P></TD>
<TD vAlign=bottom width=123>
<P>&nbsp;</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">28</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:H16></A>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 20 - OTHER CURRENT
LIABILITIES</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">In accordance with
Circular 1501, no information was reported since this balance represents less
than 10% of current liabilities.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 21 - LONG-TERM BANK
LIABILITIES</P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=147></TD>
<TD width=87></TD>
<TD width=63></TD>
<TD width=63></TD>
<TD width=63></TD>
<TD width=91></TD>
<TD width=79></TD>
<TD width=77></TD></TR>
<TR>
<TD vAlign=bottom width=147>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=87>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=190 colSpan=3>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;Years to Maturity </U></B></P></TD>
<TD vAlign=bottom width=91>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=79>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=77>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=147>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B>&nbsp;Bank
or Financial Institution </B></P></TD>
<TD vAlign=bottom width=87>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Currency </B></P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;More than 1 up to 2 </B></P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;More than 2 up to 3 </B></P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;More than 3 up to 5 </B></P></TD>
<TD vAlign=bottom width=91>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Total long term at Sep 30, 2007 </B></P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Average annual interest rate
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></P></TD>
<TD vAlign=bottom width=77>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Total long term at Sep 30, 2006 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=147>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=87>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=63>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=91>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>%</B></P></TD>
<TD vAlign=bottom width=77>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=147>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">BANCO
SANTANDER</P></TD>
<TD vAlign=bottom width=87>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Other
currencies</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=91>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=79>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=77>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>118,891</P></TD></TR>
<TR>
<TD vAlign=bottom width=147>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">BANCO
ALFA</P></TD>
<TD vAlign=bottom width=87>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Other
currencies</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>145,415</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>107,179</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>57,526</P></TD>
<TD vAlign=bottom width=91>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>310,120</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>11.57%</P></TD>
<TD vAlign=bottom width=77>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>377,944</P></TD></TR>
<TR>
<TD vAlign=bottom width=147>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">BANCO
BOSTON</P></TD>
<TD vAlign=bottom width=87>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Other
currencies</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=91>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=79>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=77>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>5,940</P></TD></TR>
<TR>
<TD vAlign=bottom width=147>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">BANCO
VOTORANTIM</P></TD>
<TD vAlign=bottom width=87>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Other
currencies</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>141,012</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>103,887</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>207,595</P></TD>
<TD vAlign=bottom width=91>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>452,494</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>9.40%</P></TD>
<TD vAlign=bottom width=77>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=147>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B>TOTAL</B></P></TD>
<TD vAlign=bottom width=87>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>286,427</B></P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>211,066</B></P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>265,121</B></P></TD>
<TD vAlign=bottom width=91>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>762,614</B></P></TD>
<TD vAlign=bottom width=79>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=77>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>502,775</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=234 colSpan=2>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=91>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=79>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=77>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=147>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Foreign
currency liabilities (%)</P></TD>
<TD vAlign=bottom width=87>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">100.00</P></TD>
<TD vAlign=bottom width=63>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=91>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=79>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=77>
<P>&nbsp;</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P><A
name=RANGE!A1:H10></A>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 22 - LONG-AND
SHORT-TERM BONDS PAYABLE (PROMISSORY NOTES AND BONDS)</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">1.</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Current
risk rating of bonds is as follows:</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">BONDS ISSUED IN THE US
MARKET</P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 47px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">A-</P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 47px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">:</P>
<P
style="PADDING-LEFT: 47px; MARGIN: 0px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">Rating
according to Fitch Ratings Ltd.</P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 47px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">BBB+</P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 47px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">:</P>
<P
style="PADDING-LEFT: 47px; MARGIN: 0px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">Rating
according to Standard &amp; Poor&#146;s</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">BONDS ISSUED IN THE LOCAL
MARKET</P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 47px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">AA
</P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 47px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">:</P>
<P
style="PADDING-LEFT: 47px; MARGIN: 0px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">Rating
according to Fitch Chile Clasificadora de Riesgo Ltda.</P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 47px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">AA
</P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 47px; MARGIN-BOTTOM: -16px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">:</P>
<P
style="PADDING-LEFT: 47px; MARGIN: 0px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">Rating
according to Feller Rate Clasificadora de Riesgo Ltda.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">2.</P>
<P style="MARGIN: 0px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">Bond
repurchases.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-LEFT: 47px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">During
2000, 2001 and 2002, Embotelladora Andina S.A. repurchased bonds issued in the
U.S. market through its subsidiary, Abisa Corp S.A. for a total amount of US$314
million of the US$350 million, which are presented deducting the long term
liability from the bonds payable account. </P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">3.</P>
<P style="MARGIN: 0px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">Bonds
issued by the subsidiary Rio de Janeiro Refrescos Ltda. (RJR).</P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-LEFT: 47px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The
subsidiary RJR has liabilities corresponding to an issuance of bonds for US$75
million maturing in December 2012 and semiannual interest payments. At period
end, all such bonds are wholly-owned by the subsidiary Abisa Corp. Consequently,
the effects of such transactions have been eliminated from these consolidated
financial statements, both in the balance sheet and in the consolidated
statement of income. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">29</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The following table
contains more information on Bonds Payable: </P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=167></TD>
<TD width=38></TD>
<TD width=56></TD>
<TD width=51></TD>
<TD width=45></TD>
<TD width=53></TD>
<TD width=60></TD>
<TD width=66></TD>
<TD width=53></TD>
<TD width=56></TD>
<TD width=74></TD></TR>
<TR>
<TD vAlign=bottom width=167>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Instrument subscription or ID N&#176;</B></P></TD>
<TD vAlign=bottom width=38>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>Series</B></P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Nominal Value</B></P></TD>
<TD vAlign=bottom width=51>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Currency</B></P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Interest rate</B></P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Final Maturity</B></P></TD>
<TD vAlign=bottom width=126 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Term</B></P></TD>
<TD vAlign=bottom width=109 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Par Value</B></P></TD>
<TD vAlign=bottom width=74 rowSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Placement in Chile or abroad </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=167>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=38>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=56>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=51>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>%</B></P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Interest paid</B></P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Amortization period</B></P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Sep 30, 2007</B></P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Sep 30, 2006</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=167>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Current
portion of bonds payable</P></TD>
<TD vAlign=bottom width=38>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=56>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=51>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=45>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=66>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=56>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=74>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=167>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">&nbsp;Register
254 SVS September 13, 2001 </P></TD>
<TD vAlign=bottom width=38>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>A</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>660,000</P></TD>
<TD vAlign=bottom width=51>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>UF</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>6.2</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>01-Jun-08</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Half
Yearly</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Dec-07</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>12,915,767</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>13,233,236</P></TD>
<TD vAlign=bottom width=74>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>CHILE</P></TD></TR>
<TR>
<TD vAlign=bottom width=167>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">&nbsp;Register
254 SVS September 13, 2001 </P></TD>
<TD vAlign=bottom width=38>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>B</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>3,700,000</P></TD>
<TD vAlign=bottom width=51>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>UF</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>6.5</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>01-Jun-26</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Half
Yearly</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Dec-09</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>1,513,312</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>1,520,177</P></TD>
<TD vAlign=bottom width=74>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>CHILE</P></TD></TR>
<TR>
<TD vAlign=bottom width=167>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>Total
current maturities</B></P></TD>
<TD vAlign=bottom width=38>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=56>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=51>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=45>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=66>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>14,429,079</B></P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>14,753,413</B></P></TD>
<TD vAlign=bottom width=74>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=167>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=38>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=56>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=51>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=45>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=66>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=56>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=74>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=167>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Long
term portion of bonds payable</P></TD>
<TD vAlign=bottom width=38>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=56>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=51>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=45>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=66>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=56>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=74>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=167>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">YANKEE
BONDS</P></TD>
<TD vAlign=bottom width=38>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>A</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>32,076,000</P></TD>
<TD vAlign=bottom width=51>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>7.0</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>01-Oct-07</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Half
Yearly</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Oct-07</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>18,035,385</P></TD>
<TD vAlign=bottom width=74>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>ABROAD</P></TD></TR>
<TR>
<TD vAlign=bottom width=167>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">YANKEE
BONDS</P></TD>
<TD vAlign=bottom width=38>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>B</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>4,000,000</P></TD>
<TD vAlign=bottom width=51>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>7.625</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>01-Oct-27</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Half
Yearly</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Oct-27</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>2,044,920</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>2,249,082</P></TD>
<TD vAlign=bottom width=74>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>ABROAD</P></TD></TR>
<TR>
<TD vAlign=bottom width=167>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">&nbsp;Register
254 SVS September 13, 2001 </P></TD>
<TD vAlign=bottom width=38>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>A</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>660,000</P></TD>
<TD vAlign=bottom width=51>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>UF</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>6.2</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>01-Jun-08</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Half
Yearly</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Jun-08</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>12,715,546</P></TD>
<TD vAlign=bottom width=74>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>CHILE</P></TD></TR>
<TR>
<TD vAlign=bottom width=167>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">&nbsp;Register
254 SVS September 13, 2001 </P></TD>
<TD vAlign=bottom width=38>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>B</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>3,700,000</P></TD>
<TD vAlign=bottom width=51>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>UF</P></TD>
<TD vAlign=bottom width=45>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>6.5</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>01-Jun-26</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Half
Yearly</P></TD>
<TD vAlign=bottom width=66>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Dec-09</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>70,962,088</P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>71,284,232</P></TD>
<TD vAlign=bottom width=74>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center>CHILE</P></TD></TR>
<TR>
<TD vAlign=bottom width=167>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>Total
long term</B></P></TD>
<TD vAlign=bottom width=38>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=56>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=51>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=45>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=66>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>73,007,008</B></P></TD>
<TD vAlign=bottom width=56>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>104,284,245</B></P></TD>
<TD vAlign=bottom width=74>
<P>&nbsp;</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">30</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 23 - PROVISIONS AND
WRITE-OFFS</P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=350></TD>
<TD width=80></TD>
<TD width=80></TD>
<TD width=80></TD>
<TD width=80></TD></TR>
<TR>
<TD vAlign=bottom width=350>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=161 colSpan=2>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>Short Term</U></B></P></TD>
<TD vAlign=bottom width=161 colSpan=2>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>Long Term</U></B></P></TD></TR>
<TR>
<TD vAlign=bottom width=350>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Sep. &nbsp;30, 2007</B></P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Sep. &nbsp;30, 2006</B></P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Sep. &nbsp;30, 2007</B></P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Sep. &nbsp;30, 2006</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=350>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=350>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=350>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Taxation
on banking transactions &amp; social contribution(Brazil)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,733,765</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>8,323,715</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>11,598,138</P></TD></TR>
<TR>
<TD vAlign=bottom width=350>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Staff
severance indemnities</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>706,266</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>635,993</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>6,127,163</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>5,619,229</P></TD></TR>
<TR>
<TD vAlign=bottom width=350>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Contingencies</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>47,660</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>80,378</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>2,360,698</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>9,703,951</P></TD></TR>
<TR>
<TD vAlign=bottom width=350>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>TOTAL</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>3,487,691</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>716,371</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>16,811,576</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=80>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right><B>26,921,318</B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A2:E9></A>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 24 - STAFF SEVERANCE
INDEMNITIES</P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=162></TD>
<TD width=134></TD>
<TD width=134></TD></TR>
<TR>
<TD vAlign=bottom width=162>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=134>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>September 30, 2007</B></P></TD>
<TD vAlign=bottom width=134>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>September 30, 2006</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=162>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=134>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=134>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=162>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Beginning
balance</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=134>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>6,227,968</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=134>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>5,726,706</P></TD></TR>
<TR>
<TD vAlign=bottom width=162>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Provision for the
period</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=134>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>720,915</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=134>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>669,433</P></TD></TR>
<TR>
<TD vAlign=bottom width=162>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Payments</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=134>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(115,454)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=134>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(140,917)</P></TD></TR>
<TR>
<TD vAlign=bottom width=162>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>Ending
balance</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=134>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>6,833,429</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=134>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>6,255,222</B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 25 - OTHER LONG-TERM
LIABILITIES</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">In accordance with
Circular 1501, no information was reported since this balance represents less
than 10% of Long-term liabilities.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 26 - MINORITY
INTEREST</P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:C18></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=243></TD>
<TD width=90></TD>
<TD width=92></TD></TR>
<TR>
<TD vAlign=bottom width=426 colSpan=3>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B><U>Minority Interest</U></B></P></TD></TR>
<TR>
<TD vAlign=bottom width=243>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=90>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=92>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=243>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=90>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>Sep. 30, 2007</B></P></TD>
<TD vAlign=bottom width=92>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>Sep. 30, 2006</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=243>
<P
style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>LIABILITIES</B></P></TD>
<TD vAlign=bottom width=90>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>ThCh$</P></TD>
<TD vAlign=bottom width=92>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>ThCh$</P></TD></TR>
<TR>
<TD vAlign=bottom width=243>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=90>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=92>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=243>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Vital Aguas S.
A.</P></TD>
<TD vAlign=bottom width=90>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>1,239,382</P></TD>
<TD vAlign=bottom width=92>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>1,218,336</P></TD></TR>
<TR>
<TD vAlign=bottom width=243>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Embotelladora del
Atl&#225;ntico S. A.</P></TD>
<TD vAlign=bottom width=90>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>8,902</P></TD>
<TD vAlign=bottom width=92>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>20,384</P></TD></TR>
<TR>
<TD vAlign=bottom width=243>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Andina Inversiones
&nbsp;Societarias S.A.</P></TD>
<TD vAlign=bottom width=90>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>43</P></TD>
<TD vAlign=bottom width=92>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>63</P></TD></TR>
<TR>
<TD vAlign=bottom width=243>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=90>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>1,248,327</B></P></TD>
<TD vAlign=bottom width=92>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>1,238,783</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=243>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=90>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=92>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=243>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=90>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=92>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=243>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=90>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>Sep. 30, 2007</B></P></TD>
<TD vAlign=bottom width=92>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>Sep. 30, 2006</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=243>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>INCOME
STATEMENT</B></P></TD>
<TD vAlign=bottom width=90>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>ThCh$</P></TD>
<TD vAlign=bottom width=92>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>ThCh$</P></TD></TR>
<TR>
<TD vAlign=bottom width=243>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=90>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=92>
<P
style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=243>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Vital Aguas S.
A.</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=90>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(29,821)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=92>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(37,932)</P></TD></TR>
<TR>
<TD vAlign=bottom width=243>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Embotelladora del
Atl&#225;ntico S. A.</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=90>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(358)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=92>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(1,124)</P></TD></TR>
<TR>
<TD vAlign=bottom width=243>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Andina Inversiones
&nbsp;Societarias S.A.</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=90>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(5)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=92>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(2)</P></TD></TR>
<TR>
<TD vAlign=bottom width=243>
<P>&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=90>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>(30,184)</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width=92>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>(39,058)</B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">31</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 27 - CHANGES IN
SHAREHOLDERS&#146; EQUITY</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The activity in
Shareholders&#146; Equity, Dividend Distribution and Other Reserves is detailed in
the following tables:</P><A name=RANGE!A1:M9></A><A name=RANGE!A1:N12></A>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:M13></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=140></TD>
<TD width=49></TD>
<TD width=45></TD>
<TD width=50></TD>
<TD width=54></TD>
<TD width=50></TD>
<TD width=50></TD>
<TD width=49></TD>
<TD width=41></TD>
<TD width=41></TD>
<TD width=54></TD>
<TD width=50></TD>
<TD width=50></TD></TR>
<TR>
<TD vAlign=bottom width=140>
<P>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=301 colSpan=6>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>September 30, 2007</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=288 colSpan=6>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>September 30, 2006</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=140>
<P>&nbsp;</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Paid in Capital</B></P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Capital Revalued Reserve</B></P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Other Reserves</B></P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Accumulated Income</B></P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Interim Dividends</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Net Income</B></P></TD>
<TD vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Paid in Capital</B></P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Capital Revalued Reserve</B></P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Other Reserves</B></P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Accumulated Income</B></P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Interim Dividends</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Net Income</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=140>
<P>&nbsp;</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=140>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Beginning
balance</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>202,060,999 </P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>1,750,275 </P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>10,005,036 </P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>(13,438,065)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>74,355,094 </P></TD>
<TD vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>197,904,994 </P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>(201,145)</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>26,334,355 </P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>(11,640,959)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>56,039,346 </P></TD></TR>
<TR>
<TD vAlign=bottom width=140>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Distribution of
prior-year income</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>60,917,029 </P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>13,438,065 </P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>(74,355,094)</P></TD>
<TD vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>44,398,387 </P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>11,640,959 </P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>(56,039,346)</P></TD></TR>
<TR>
<TD vAlign=bottom width=140>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Final dividend
prior year</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>(8,876,966)</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>(5,172,908)</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD></TR>
<TR>
<TD vAlign=bottom width=140>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Translation
adjustment reserve</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>(10,563,532)</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>2,747,455 </P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD></TR>
<TR>
<TD vAlign=bottom width=140>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Extraordinary
dividend charged to accumulated income</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>(52,040,412)</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>(55,880,179)</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD></TR>
<TR>
<TD vAlign=bottom width=140>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Capital
revalued</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>10,305,111 </P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>89,264 </P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>936,658 </P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>(178,816)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>4,947,625 </P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>(5,029)</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>364,099 </P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>(62,585)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD></TR>
<TR>
<TD vAlign=bottom width=140>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Income for the
period </P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>49,600,577 </P></TD>
<TD vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>44,144,492 </P></TD></TR>
<TR>
<TD vAlign=bottom width=140>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Interim
dividends</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>(11,176,036)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>(8,940,829)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD></TR>
<TR>
<TD vAlign=bottom width=140>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"><B>Ending
balance</B></P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>202,060,999 </B></P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>10,305,111 </B></P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>(8,723,993)</B></P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>10,941,345 </B></P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>(11,354,852)</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>49,600,577 </B></P></TD>
<TD vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>197,904,994 </B></P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>4,947,625 </B></P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>2,541,281 </B></P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>10,043,754 </B></P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>(9,003,414)</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>44,144,492 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=140>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"><B>Price level
restated balances</B></P></TD>
<TD style="BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px"><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px"><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px"><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px"><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px"><B></B>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px"><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=49>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>207,206,529 </B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>5,180,163 </B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>2,660,721 </B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>10,515,810 </B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>(9,426,574)</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right><B>46,219,283 </B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">32</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=43></TD>
<TD width=98></TD>
<TD width=82></TD>
<TD width=92></TD></TR>
<TR>
<TD vAlign=top width=43>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=center>Series
</P></TD>
<TD vAlign=top width=98>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>Susbcribed Shares</P></TD>
<TD vAlign=top width=82>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=center>Paid
in shares</P></TD>
<TD vAlign=top width=92>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=center>Number
of shares with voting rights</P></TD></TR>
<TR>
<TD vAlign=top width=43>
<P>&nbsp;</P></TD>
<TD vAlign=top width=98>
<P>&nbsp;</P></TD>
<TD vAlign=top width=82>
<P>&nbsp;</P></TD>
<TD vAlign=top width=92>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=top width=43>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;A </P></TD>
<TD vAlign=top width=98>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>380,137,271</P></TD>
<TD vAlign=top width=82>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>380,137,271</P></TD>
<TD vAlign=top width=92>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>380,137,271</P></TD></TR>
<TR>
<TD vAlign=top width=43>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;B </P></TD>
<TD vAlign=top width=98>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>380,137,271</P></TD>
<TD vAlign=top width=82>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>380,137,271</P></TD>
<TD vAlign=top width=92>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>380,137,271</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=43></TD>
<TD width=122></TD>
<TD width=102></TD></TR>
<TR>
<TD vAlign=top width=43>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Series</P></TD>
<TD vAlign=top width=122>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>Subscribed Capital</P></TD>
<TD vAlign=top width=102>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=center>Paid
in Capital</P></TD></TR>
<TR>
<TD vAlign=top width=43>
<P>&nbsp;</P></TD>
<TD vAlign=top width=122>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>ThCh$</P></TD>
<TD vAlign=top width=102>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>ThCh$</P></TD></TR>
<TR>
<TD vAlign=top width=43>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">A</P></TD>
<TD vAlign=top width=122>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>101,030,499 </P></TD>
<TD vAlign=top width=102>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>101,030,499 </P></TD></TR>
<TR>
<TD vAlign=top width=43>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">B</P></TD>
<TD vAlign=top width=122>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>101,030,500 </P></TD>
<TD vAlign=top width=102>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>101,030,500 </P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=363></TD>
<TD width=91></TD>
<TD width=71></TD>
<TD width=57></TD>
<TD width=93></TD>
<TD width=12></TD>
<TD width=7></TD>
<TD width=12></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B>1.-
Other Reserves</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=57>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=93>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=32 colSpan=3>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Balance
of Other Reserves is composed as follows</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=57>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=93>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=32 colSpan=3>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=162 colSpan=2>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>September 30,</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=57>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=93>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=32 colSpan=3>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>2007</B></P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>2006</B></P></TD>
<TD vAlign=bottom width=57>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=93>
<P>&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=32 colSpan=3>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=57>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=93>
<P>&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=32 colSpan=3>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Reserve
for cumulative translation adjustments(1)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>( 9,784,491)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>1,600,122</P></TD>
<TD vAlign=bottom width=57>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=93>
<P>&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=32 colSpan=3>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Reserve
for technical reappraisal of property, plant and equipment</P></TD>
<TD vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>66,076</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>68,036</P></TD>
<TD vAlign=bottom width=57>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=93>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=32 colSpan=3>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Other</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>994,422</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>992,563</P></TD>
<TD vAlign=bottom width=57>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=93>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=32 colSpan=3>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Total</P></TD>
<TD style="BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"
vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>( 8,723,993)</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"
vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>2,660,721</B></P></TD>
<TD vAlign=bottom width=57>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=93>
<P>&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=32 colSpan=3>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=57>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=93>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=32 colSpan=3>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=525 colSpan=3>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">(1)The
Reserve for cumulative translation adjustments was established in
accordance with Technical Bulletin No. 64 issued by the Chilean Institute
of Accountants and regulations specified under Circular letter No. 5,294
from the SVS.</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=57>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=93>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=32 colSpan=3>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=57>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=93>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=32 colSpan=3>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=454 colSpan=2>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">The
activity in the Reserve for cumulative translation adjustments was as
follows:</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=57>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=93>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=32 colSpan=3>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD vAlign=bottom width=71>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=57>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=93>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=32 colSpan=3>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Balance</B></P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Foreign exchange generated during the period</B></P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Reserve Release / Realized (*)</B></P></TD>
<TD vAlign=bottom width=93>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Balance</B></P></TD>
<TD vAlign=bottom width=32 colSpan=3>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Company</P></TD>
<TD vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>January 1, 2007</B></P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Investment</B></P></TD>
<TD vAlign=bottom width=57>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=93>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Sep. 30, 2007</B></P></TD>
<TD vAlign=bottom width=32 colSpan=3>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=93>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=32 colSpan=3>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Rio
de Janeiro Refrescos Ltda.</P></TD>
<TD vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(822,478)</P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(6,342,300)</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>495,941 </P></TD>
<TD vAlign=bottom width=93>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(6,668,837)</P></TD>
<TD vAlign=bottom width=32 colSpan=3>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Embotelladora
del Atl&#225;ntico S. A.</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>1,601,521 </P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(5,371,537)</P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>654,362 </P></TD>
<TD vAlign=bottom width=93>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(3,115,654)</P></TD>
<TD vAlign=bottom width=32 colSpan=3>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B>Total</B></P></TD>
<TD vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>779,043 </B></P></TD>
<TD vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>(11,713,837)</B></P></TD>
<TD vAlign=bottom width=57>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>1,150,303 </B></P></TD>
<TD vAlign=bottom width=93>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>(9,784,491)</B></P></TD>
<TD vAlign=bottom width=32 colSpan=3>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=363>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=91>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=71>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=57>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=93>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=32 colSpan=3>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=709 colSpan=8>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">(*)
Reserve realized in the amount of ThCh$1,150,303, resulted from dividends
paid by our subsidiary R&#237;o de Janeiro Refrescos Ltda. and by the capital
decrease of our subsidiary Embotelladora del Atl&#225;ntico S.A. carried out in
the 2007 period.</P></TD></TR>
<TR>
<TD vAlign=bottom width=363>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=91>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=71>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=57>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=113 colSpan=3>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=12>
<P>&nbsp;</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">33</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 28 - OTHER
NON-OPERATING INCOME AND EXPENSES</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=391></TD>
<TD width=128></TD>
<TD width=128></TD></TR>
<TR>
<TD vAlign=bottom width=391>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=256 colSpan=2>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=center><B>For
the period ended September 30,</B></P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B><U>2007</U></B></P></TD>
<TD vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B><U>2006</U></B></P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>Other
non-operating income during the period was as follows:</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Recovery of prior
year taxes</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>4,149,403</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Income on sale of
property, plant and equipment</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>196,272</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Other income</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>76,171</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>235,011</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>Sub-total</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>4,225,574</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>431,283</B></P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Translation of
Financial Statements (1)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>1,672,811</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>103,411</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>Total</B></P></TD>
<TD
style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"
vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>5,898,385</B></P></TD>
<TD
style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"
vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>534,694</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>Other
non-operating expenses during the period was as follows:</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Conversion
adjustment reserve realized (2)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(1,151,454)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(135,606)</P></TD></TR>
<TR>
<TD vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Obsolence and
write-offs of property, plant and equipment</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(606,093)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(408,216)</P></TD></TR>
<TR>
<TD vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Provision for labor
and comercial lawsuits</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(390,718)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(450,925)</P></TD></TR>
<TR>
<TD vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Loss on sale of
property, plant and equipment</P></TD>
<TD vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(147,356)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Provision for loss
in Centralli investment</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(54,862)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(49,128)</P></TD></TR>
<TR>
<TD vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Others</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(1,287,753)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(402,905)</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>Total</B></P></TD>
<TD
style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"
vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>(3,638,236)</B></P></TD>
<TD
style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"
vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>(1,446,780)</B></P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=391>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=128>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=647 colSpan=3>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">(1) This refers to
the effects of the translation of the financial statements corresponding
to investment in foreign companies (translation of local currency to US
dollars), in accordance with Technical Bulletin N&#176;64 issued by the Chilean
Institute of Accountants, which are presented as Other Non Operating
Income and/or expenses accordingly.</P></TD></TR>
<TR>
<TD vAlign=bottom width=647 colSpan=3>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">(2) This refers to
the release of conversion adjustment reserves due to dividend payments
carried out at our subsidiary Rio de Janeiro Refrescos Ltda. and the
remittance of capital by Embotelladora del Atla&#225;ntico S.A. during the 2007
and 2006 period, respectively.</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A2:C23></A>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">34</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 29 - PRICE-LEVEL
RESTATEMENT</P><A name=RANGE!A1:D31></A>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=414></TD>
<TD width=39></TD>
<TD width=80></TD>
<TD width=80></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2007 </B></P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2006 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><U>Assets
- - &nbsp;(charges)/credits</U></P></TD>
<TD vAlign=bottom width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><U>Index</U></P></TD>
<TD vAlign=bottom width=80>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Inventories</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">CPI</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(51,572)</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(249,557)</P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Property,
plant and equipment</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">CPI</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>4,159,812 </P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>1,884,250 </P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Investments
in related companies</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">CPI</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>7,680,499 </P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>3,555,246 </P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Cash,
Time Deposits, Mareketeable Securities</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">CPI</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>515,685 </P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>369,969 </P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Trade
Accounts Receivable, Notes Receivable, Other Receivables</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">UF</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>21</P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Trade
Accounts Receivable, Notes Receivable, Other Receivables</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">CPI</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>206</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>-39</P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Accounts
payable from related companies - short term</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">CPI</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>2,026,672 </P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>1,586,047 </P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Recoverable
taxes</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">CPI</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(61,854)</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>68,126 </P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Other
current assets</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">UF</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>691,737 </P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>2,737 </P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Other
current assets</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">CPI</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>73,446 </P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>211,285 </P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Other
long term assets</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">CPI</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>3,047,705 </P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>2,465,573 </P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Other
long term assets</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">UF</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>4,133 </P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Cost
and expense accounts</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">CPI</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>4,338,920 </P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>2,573,514 </P></TD></TR>
<TR>
<TD vAlign=top width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B>&nbsp;Total
(charges) credits </B></P></TD>
<TD vAlign=top width=39>
<P>&nbsp;</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>22,421,256 </B></P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>12,471,305 </B></P></TD></TR>
<TR>
<TD vAlign=top width=414>
<P>&nbsp;</P></TD>
<TD vAlign=top width=39>
<P>&nbsp;</P></TD>
<TD vAlign=top width=80>
<P>&nbsp;</P></TD>
<TD vAlign=top width=80>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><U>Liabilities
- - (charges)/credits</U></P></TD>
<TD vAlign=top width=39>
<P>&nbsp;</P></TD>
<TD vAlign=top width=80>
<P>&nbsp;</P></TD>
<TD vAlign=top width=80>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Shareholders&#146;
equity</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">CPI</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(11,152,218)</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(5,490,584)</P></TD></TR>
<TR>
<TD vAlign=top width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Short
and long term bank liabilities</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">CPI</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(293,749)</P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Short
and long term bonds payable</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">UF</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(3,654,007)</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(2,231,500)</P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Short
and long term bonds payable</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">CPI</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(979,532)</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(546,780)</P></TD></TR>
<TR>
<TD vAlign=top width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">&nbsp;Accounts
payable to related companies </P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">UF</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(48,498)</P></TD></TR>
<TR>
<TD vAlign=top width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">&nbsp;Other
current liabilities </P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">UF</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(94,750)</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(99,441)</P></TD></TR>
<TR>
<TD vAlign=top width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">&nbsp;Other
current liabilities </P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">CPI</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(413,285)</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(367,215)</P></TD></TR>
<TR>
<TD vAlign=top width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">&nbsp;Other
long term liabilities </P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">UF</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(55,106)</P></TD></TR>
<TR>
<TD vAlign=top width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">&nbsp;Other
long term liabilities </P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">CPI</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(192,232)</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Income
accounts</P></TD>
<TD vAlign=top width=39>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">CPI</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(5,552,329)</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(3,272,766)</P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B>Total
(charges) credits</B></P></TD>
<TD vAlign=top width=39>
<P>&nbsp;</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>(22,038,353)</B></P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>(12,405,639)</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=414>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B>Price-level
restatement (loss ) gain</B></P></TD>
<TD vAlign=top width=39>
<P>&nbsp;</P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>382,903</B></P></TD>
<TD vAlign=top width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>65,666</B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">35</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 30 - FOREIGN
EXCHANGE GAINS/LOSSES</P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:D30></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=338></TD>
<TD width=60></TD>
<TD width=80></TD>
<TD width=80></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Currency </B></P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2007 </B></P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2006 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B><U>Assets
- - (charges)/credits</U></B></P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Cash</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(78,612)</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(509,408)</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Time
deposits</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(1,854)</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>891,538 </P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Marketable
securities (net)</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(1,827,903)</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(59,968)</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Trade
accounts receivable</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>32</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Other
debtors (net)</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(3,666)</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>42,210</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Accounts
receivable related companies</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(14,122,757)</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>1,717,717 </P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Inventories
(net)</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(309)</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>18,192 </P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Other
current assets</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>156,769 </P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>72,621 </P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Property,
plant and equipment</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(351)</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Others
</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>(13,393,162)</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>2,158,128 </P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B>Total
(charges) credits</B></P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>(29,271,462)</B></P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>4,330,679 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B><U>Liabilities
- - (Charges) / credits</U></B></P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Short
term liabilities with banks and financial institutions</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;US$ </P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>( 276,975)</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Bonds
payable</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;US$ </P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>115,050</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>( 64,318)</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Accounts
payable</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;US$ </P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>49,136</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>( 36,716)</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Accounts
payable related companies</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;US$ </P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>9,279,706</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Provisions</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;US$ </P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>9,489</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>( 4,566)</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Unearned
income</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;US$ </P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>8,798</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Other
current liabilties</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;US$ </P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>( 246,038)</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">Bonds
payable long term</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;US$ </P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>1,742,901</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>( 442,588)</P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">&nbsp;Accounts
payable related companies </P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;US$ </P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;&nbsp;&nbsp;9,267,551 </P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;0 </P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype">&nbsp;Withholdings
</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;US$ </P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;0 </P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right>&nbsp;2 </P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B>Total
(charges) credits</B></P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>20,226,593</B></P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>( 825,161)</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=338>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"><B>Foreign
exchange gain (loss) on income</B></P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>( 9,044,869)</B></P></TD>
<TD vAlign=bottom width=80>
<P
style="FONT-SIZE: 9pt; MARGIN: 0px; LINE-HEIGHT: 11pt; FONT-FAMILY: Palatino Linotype"
align=right><B>3,505,518</B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:D26></A>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 31 - EXTRAORDINARY
ITEMS</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">There were no
extraordinary items in 2007 and 2006.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 32 - SHARE AND DEBT
SECURITY ISSUE AND PLACEMENT EXPENSES</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Bond issue and placement
expenses are presented in Other current assets and Other long-term assets and
are amortized on a straight-line basis over the term of the debt issued.
Amortization is presented as financial expenses.</P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">36</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Bonds issued in the US
market:</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Debt issue costs and
discounts have all been amortized, as a result of the repurchase of Bonds
reported in note 22.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Bonds issued in the local
market:</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Debt issue costs and and
interest rate differences net of amortization &nbsp;as of the end of the period
amounted to ThCh$3,268,744 and ThCh$3,632,058 in 2006. &nbsp;Disbursements for
risk rating reports, legal and financial advisory services, printing and
placement fees are included as Debt issue costs.</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Amortization for the
period 2007 amounted to ThCh$199,623 and ThCh$221,076 in 2006.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 33 - CONSOLIDATED
STATEMENT OF CASH FLOWS</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">For the projection of
future cash flows, there are no transactions and events to consider which have
not been revealed in these financial statements and accompanying notes. </P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The following table
presents an itemization of the movement of assets and liabilities not affecting
the cash flow in the period, but compromising future cash flows.</P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=269></TD>
<TD width=101></TD>
<TD width=101></TD>
<TD width=101></TD>
<TD width=101></TD></TR>
<TR>
<TD vAlign=bottom width=269>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>Expected Cash
Flows</B></P></TD>
<TD vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B><U>Sep 30, 2007</U></B></P></TD>
<TD vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B><U>Maturity Date</U></B></P></TD>
<TD vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B><U>Sep 30, 2006</U></B></P></TD>
<TD vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B><U>Maturity Date</U></B></P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=269>
<P
style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B><U>Expenses</U></B></P></TD>
<TD vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=101>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=101>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=269>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Dividend
payments</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(5,588,018)</P></TD>
<TD vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>24-Oct-07</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>(
4,680,523)</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>26-Oct-06</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=269>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Additions to
property, plant and equipment</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(2,422,882)</P></TD>
<TD vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>30-Nov-07</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>(
1,802,499)</P></TD>
<TD vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>30-Nov-06</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=269>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Additions to
property, plant and equipment</P></TD>
<TD vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(12,272)</P></TD>
<TD vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>30-Dec-07</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>(
120,722)</P></TD>
<TD vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>31-Oct-06</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=269>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Additions to
property, plant and equipment</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(228,744)</P></TD>
<TD vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>23-Oct-07</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right>(
147,340)</P></TD>
<TD vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>30-Dec-06</P></TD></TR>
<TR>
<TD vAlign=bottom width=269>
<P>&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD vAlign=bottom width=101>
<P>&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P
style="MARGIN: 0px; COLOR: #0000ff; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD vAlign=bottom width=101>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=269>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>Total
expenses</B></P></TD>
<TD
style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"
vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right><B>(
8,251,916)</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B></B>&nbsp;</P></TD>
<TD
style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"
vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right><B>(
6,751,084)</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=269>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=269>
<P
style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B><U>Income</U></B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD vAlign=bottom width=101>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=269>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Sale of property,
plant and equipment</P></TD>
<TD vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>4,122</P></TD>
<TD vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>31-Oct-07</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>6,134</P></TD>
<TD vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>15-Nov-06</P></TD></TR>
<TR>
<TD vAlign=bottom width=269>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>Total
income</B></P></TD>
<TD
style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"
vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>4,122</B></P></TD>
<TD vAlign=bottom width=101>
<P>&nbsp;</P></TD>
<TD
style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"
vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>6,134</B></P></TD>
<TD vAlign=bottom width=101>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=269>
<P>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"
vAlign=bottom width=101>
<P
style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=101>
<P>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"
vAlign=bottom width=101>
<P
style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=101>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=269>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>Total
net</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"
vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right><B>(
8,247,794)</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"
vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right><B>(
6,744,950)</B></P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=101>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B></B>&nbsp;</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">37</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 34 - DERIVATIVE
CONTRACTS</P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=45></TD>
<TD width=40></TD>
<TD width=45></TD>
<TD width=54></TD>
<TD width=59></TD>
<TD width=64></TD>
<TD width=88></TD>
<TD width=45></TD>
<TD width=57></TD>
<TD width=83></TD>
<TD width=50></TD>
<TD width=41></TD>
<TD width=54></TD></TR>
<TR>
<TD vAlign=bottom width=45>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=40>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=45>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=54>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=133 colSpan=2>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B><U>Hedged item or transaction</U></B></P></TD>
<TD vAlign=bottom width=57>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=134 colSpan=2>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B><U>Assets/liabilities</U></B></P></TD>
<TD vAlign=bottom width=95 colSpan=2>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Derivative</B></P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Contract</B></P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Value</B></P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Maturity Period</B></P></TD>
<TD vAlign=bottom width=59>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Specific Item</B></P></TD>
<TD vAlign=bottom width=64>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Position purchase / sale</B></P></TD>
<TD vAlign=bottom width=88>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Concept</B></P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Amount</B></P></TD>
<TD vAlign=bottom width=57>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Hedged item value</B></P></TD>
<TD vAlign=bottom width=83>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Item</B></P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Net Carrying<BR>Values</B></P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Realized<BR>Income</B></P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>Deferred<BR>Income (loss)</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=45>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=40>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=54>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=64>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=88>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=57>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=83>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><B>ThCh$</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">SWAP</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">CCPE</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>39,481,334</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>4Q07</P></TD>
<TD vAlign=bottom width=59>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">US$ Exchange
Rate</P></TD>
<TD vAlign=bottom width=64>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>S</P></TD>
<TD vAlign=bottom width=88>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Long term bonds
US$</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>45,346,950</P></TD>
<TD vAlign=bottom width=57>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>38,342,250</P></TD>
<TD vAlign=bottom width=83>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Other current and
long term assets</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>13,412,872</P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>4,065,125</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>806,712 </P></TD></TR>
<TR>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">SWAP</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">CCPE</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>7,686,854</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>1Q08</P></TD>
<TD vAlign=bottom width=59>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">US$ Exchange
Rate</P></TD>
<TD vAlign=bottom width=64>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>S</P></TD>
<TD vAlign=bottom width=88>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Long term bonds
US$</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>10,574,850</P></TD>
<TD vAlign=bottom width=57>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>7,668,450</P></TD>
<TD vAlign=bottom width=83>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Other current and
long term assets</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>4,326,555 </P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>780,053</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>176,890 </P></TD></TR>
<TR>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">SWAP</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">CCPE</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>7,965,327</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>2Q08</P></TD>
<TD vAlign=bottom width=59>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">US$ Exchange
Rate</P></TD>
<TD vAlign=bottom width=64>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>S</P></TD>
<TD vAlign=bottom width=88>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Long term bonds
US$</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>10,574,850</P></TD>
<TD vAlign=bottom width=57>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>7,668,450</P></TD>
<TD vAlign=bottom width=83>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Other current and
long term assets</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>4,480,293 </P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>956,711</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>269,375 </P></TD></TR>
<TR>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">SWAP</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">CCPE</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>12,535,550</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>3Q08</P></TD>
<TD vAlign=bottom width=59>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">US$ Exchange
Rate</P></TD>
<TD vAlign=bottom width=64>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>S</P></TD>
<TD vAlign=bottom width=88>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Long term bonds
US$</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>16,979,441</P></TD>
<TD vAlign=bottom width=57>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>12,376,878</P></TD>
<TD vAlign=bottom width=83>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Other current and
long term assets</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>6,962,976 </P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>1,295,428</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>440,442 </P></TD></TR>
<TR>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">SWAP</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">CCPE</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>5,183,259</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>1Q13</P></TD>
<TD vAlign=bottom width=59>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">US$ Exchange
Rate</P></TD>
<TD vAlign=bottom width=64>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>S</P></TD>
<TD vAlign=bottom width=88>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Long term bonds
US$</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>6,985,500</P></TD>
<TD vAlign=bottom width=57>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>5,122,300</P></TD>
<TD vAlign=bottom width=83>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Other current and
long term assets</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>2,909,329 </P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>536,887</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>844,903 </P></TD></TR>
<TR>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">FR</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">CCTE</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>36,720,198</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>4Q07</P></TD>
<TD vAlign=bottom width=59>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">US$ Exchange
Rate</P></TD>
<TD vAlign=bottom width=64>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>P</P></TD>
<TD vAlign=bottom width=88>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Suppliers foreign
currency</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>36,762,583</P></TD>
<TD vAlign=bottom width=57>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>0</P></TD>
<TD vAlign=bottom width=83>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Other current
assets and liabilities</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>776,326 </P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>(776,326)</P></TD></TR>
<TR>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">FR</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">CCTE</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>3,711,970</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>4Q07</P></TD>
<TD vAlign=bottom width=59>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">US$ Exchange
Rate</P></TD>
<TD vAlign=bottom width=64>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>S</P></TD>
<TD vAlign=bottom width=88>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Suppliers foreign
currency</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>3,680,818</P></TD>
<TD vAlign=bottom width=57>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>0</P></TD>
<TD vAlign=bottom width=83>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Other current
assets and liabilities</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>41,400 </P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>41,400 </P></TD></TR>
<TR>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">FU</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">CCTE</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>347,205</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>4Q07</P></TD>
<TD vAlign=bottom width=59>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Raw Material
Prices</P></TD>
<TD vAlign=bottom width=64>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>S</P></TD>
<TD vAlign=bottom width=88>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Future Purchases
Raw Materials</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>383,806</P></TD>
<TD vAlign=bottom width=57>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>320,541</P></TD>
<TD vAlign=bottom width=83>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Other current
assets</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>22,446 </P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>22,446</P></TD></TR>
<TR>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">FU</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">CCTE</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>472,885</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>1Q08</P></TD>
<TD vAlign=bottom width=59>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Raw Material
Prices</P></TD>
<TD vAlign=bottom width=64>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>S</P></TD>
<TD vAlign=bottom width=88>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Future Purchases
Raw Materials</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>488,639</P></TD>
<TD vAlign=bottom width=57>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>430,002</P></TD>
<TD vAlign=bottom width=83>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Other current
assets</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>64,728 </P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>64,728</P></TD></TR>
<TR>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">FU</P></TD>
<TD vAlign=bottom width=40>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">CI</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>399,727</P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>1Q08</P></TD>
<TD vAlign=bottom width=59>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Raw Material
Prices</P></TD>
<TD vAlign=bottom width=64>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center>S</P></TD>
<TD vAlign=bottom width=88>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">&#150;</P></TD>
<TD vAlign=bottom width=45>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>0</P></TD>
<TD vAlign=bottom width=57>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>0</P></TD>
<TD vAlign=bottom width=83>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Other current
assets</P></TD>
<TD vAlign=bottom width=50>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>120,995 </P></TD>
<TD vAlign=bottom width=41>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>120,995 </P></TD>
<TD vAlign=bottom width=54>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt" align=right>0
</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:M24></A>
<P style="MARGIN: 0px"><BR><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">38</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 35 - CONTINGENCIES
AND RESTRICTIONS</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 48px; MARGIN-BOTTOM: -16px; TEXT-INDENT: -24px; FONT-FAMILY: Palatino Linotype">a.</P>
<P
style="PADDING-LEFT: 48px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Litigation
and other legal actions:</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Andina and its
subsidiaries are involved or likely to be involved in material judicial or
out-of-court litigation that, in the opinion of its legal advisors, could result
in relevant gains or losses for the Company. </P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Current lawsuits and
other legal actions are described below.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 47px; MARGIN-BOTTOM: -16px; TEXT-INDENT: -47px; FONT-FAMILY: Palatino Linotype">1)</P>
<P
style="PADDING-LEFT: 47px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Embotelladora
del Atl&#225;ntico S.A. faces labor and other lawsuits. &nbsp;Accounting provisions
to back any probable loss contingency stemming from these lawsuits, amounts to
ThCh$1,397,641 (ThCh$1,867,315 in 2006). &nbsp;In accordance with its legal
counsel&#146;s opinion, the Company deems improbable that unstipulated contingencies
may affect the results or equity of the Company. &nbsp;</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 47px; MARGIN-BOTTOM: -16px; TEXT-INDENT: -47px; FONT-FAMILY: Palatino Linotype">2)</P>
<P style="PADDING-LEFT: 47px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Rio
de Janeiro Refrescos Ltda. faces labor, tax and other lawsuits. Accounting
provisions to back any probable loss contingency arising from these lawsuits,
amounts to ThCh$9,286,773 (ThCh$7,836,638 in 2006). &nbsp;In accordance with its
legal counsel&#146;s opinion, the Company deems improbable that unstipulated
contingencies may affect the results or equity of the Company. &nbsp;</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 47px; MARGIN-BOTTOM: -16px; TEXT-INDENT: -47px; FONT-FAMILY: Palatino Linotype">3)</P>
<P
style="PADDING-LEFT: 47px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Embotelladora
Andina S.A. faces, labor, tax, commercial and other lawsuits. &nbsp;Accounting
provisions to back any probable loss contingency stemming from these lawsuits,
amounts to ThCh$47,660 (ThCh$50,096 in 2006). &nbsp;&nbsp;In accordance with its
legal counsel&#146;s opinion, the Company deems improbable that contingencies without
provisions may affect the results or equity of the Company.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">b.</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype">Restrictions</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The bond issue and
placement on the US market for US$ 350 million is subject to certain
restrictions against preventive attachments, sale and leaseback transactions,
sale of assets, subsidiary debt and certain conditions in the event of a merger
or consolidation.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The bond issue and
placement in the Chilean market for UF 7,000,000 is subject to the following
restrictions:</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Leverage ratio, defined
as the total financial debt/shareholder&#146;s equity plus minority interest should
be less than 1.20 times.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Financial debt shall be
deemed Consolidated Finance Liabilities which include: (i) short-term bank
liabilities, (ii) short-term portion of long-term bank liabilities, (iii)
short-term bonds payable-promissory notes, (iv) short-term portion of bonds
payable, (v)&nbsp;long-term bank liabilities, and (vi) long-term bonds payable.
&nbsp;Consolidated equity means Total equity plus Minority Interest.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Consolidated assets are
to be free of any pledge, mortgage or other encumbrance for an amount equal to
at least 1.30 times the consolidated liabilities that are not guaranteed by the
investee.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Andina must retain and,
in no way, lose, sell, assign or dispose of to a third party the geographical
zone denominated &#147;Regi&#243;n Metropolitana&#148;, as a franchised territory in Chile by
The Coca-Cola Company for the preparation, production, sale and distribution of
the products and brands in accordance with the respective Bottling agreement,
renewable from time to time.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Andina shall not lose,
sell, assign or dispose of to a third party any other territory in Brazil or
Argentina that is currently franchised to Andina by The Coca-Cola Company for
the preparation, production, sale and </P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">39</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">distribution of the
products and brands of the franchisor, as long as the referred territory
represents more than forty percent of the Company&#146;s Consolidated Operating Cash
Flows.</P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">40</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">c.</P>
<P style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype">Direct
guarantees</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Guarantees at September
30, 2007 are presented on the following table: </P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A3:I11></A><A
name=RANGE!A3:I10></A><A name=RANGE!A3:H10></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=144></TD>
<TD width=181></TD>
<TD width=68></TD>
<TD width=79></TD>
<TD width=108></TD>
<TD width=53></TD>
<TD width=46></TD>
<TD width=46></TD></TR>
<TR>
<TD vAlign=bottom width=144>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=250 colSpan=2>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><U>&nbsp;Debtor </U></P></TD>
<TD vAlign=bottom width=79>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=162 colSpan=2>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><U>&nbsp;Assets involved </U></P></TD>
<TD vAlign=bottom width=93 colSpan=2>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><U>&nbsp;Balances pending at end of period September 30
</U></P></TD></TR>
<TR>
<TD vAlign=bottom width=144>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><U>&nbsp;Guarantee creditor </U></P></TD>
<TD vAlign=bottom width=181>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"><U>&nbsp;Name
</U></P></TD>
<TD vAlign=bottom width=68>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"><U>&nbsp;Relation
</U></P></TD>
<TD vAlign=bottom width=79>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><U>&nbsp;Type of guarantee </U></P></TD>
<TD vAlign=bottom width=108>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><U>&nbsp;Type </U></P></TD>
<TD vAlign=bottom width=53>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><U>&nbsp;Book value </U></P></TD>
<TD vAlign=bottom width=46>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><U>&nbsp;2007 </U></P></TD>
<TD vAlign=bottom width=46>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><U>&nbsp;2006 </U></P></TD></TR>
<TR>
<TD vAlign=bottom width=144>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=181>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=68>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=79>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=108>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><U>&nbsp;ThCh$ </U></P></TD>
<TD vAlign=bottom width=46>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><U>&nbsp;ThCh$ </U></P></TD>
<TD vAlign=bottom width=46>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=center><U>&nbsp;ThCh$ </U></P></TD></TR>
<TR>
<TD vAlign=bottom width=144>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">ESTADO RIO DE
JANEIRO</P></TD>
<TD vAlign=bottom width=181>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">RIO DE JANEIRO
REFRESCOS LTDA.</P></TD>
<TD vAlign=bottom width=68>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Subsidiary</P></TD>
<TD vAlign=bottom width=79>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Mortgage</P></TD>
<TD vAlign=bottom width=108>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Real Estate
Judicial Deposit</P></TD>
<TD vAlign=bottom width=53>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>11,513,522</P></TD>
<TD vAlign=bottom width=46>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>11,289,788</P></TD>
<TD vAlign=bottom width=46>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>10,502,031</P></TD></TR>
<TR>
<TD vAlign=bottom width=144>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">PODER
JUDICIARIO</P></TD>
<TD vAlign=bottom width=181>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">RIO DE JANEIRO
REFRESCOS LTDA.</P></TD>
<TD vAlign=bottom width=68>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Subsidiary</P></TD>
<TD vAlign=bottom width=79>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Judicial
Deposit</P></TD>
<TD vAlign=bottom width=108>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Judicial
Deposit</P></TD>
<TD vAlign=bottom width=53>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>9,237,940</P></TD>
<TD vAlign=bottom width=46>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=144>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">AGA S.A.</P></TD>
<TD vAlign=bottom width=181>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">EMBOTELLADORA
ANDINA S.A.</P></TD>
<TD vAlign=bottom width=68>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Parent
Company</P></TD>
<TD vAlign=bottom width=79>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Guaranty
Receipt</P></TD>
<TD vAlign=bottom width=108>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Guaranty
Receipt</P></TD>
<TD vAlign=bottom width=53>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>153,369</P></TD>
<TD vAlign=bottom width=46>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>168,681</P></TD></TR>
<TR>
<TD vAlign=bottom width=144>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">MUNICIPALIDAD DE
SANTIAGO</P></TD>
<TD vAlign=bottom width=181>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">EMBOTELLADORA
ANDINA S.A.</P></TD>
<TD vAlign=bottom width=68>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Parent
Company</P></TD>
<TD vAlign=bottom width=79>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Guaranty
Receipt</P></TD>
<TD vAlign=bottom width=108>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Guaranty
Receipt</P></TD>
<TD vAlign=bottom width=53>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>10,740</P></TD>
<TD vAlign=bottom width=46>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=144>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">ADUANA DE
EZEIZA</P></TD>
<TD vAlign=bottom width=181>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">EMBOTELLADORA DEL
ATLANTICO S.A.</P></TD>
<TD vAlign=bottom width=68>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Subsidiary</P></TD>
<TD vAlign=bottom width=79>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Guaranty</P></TD>
<TD vAlign=bottom width=108>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt">Mould
exports</P></TD>
<TD vAlign=bottom width=53>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>9,413</P></TD>
<TD vAlign=bottom width=46>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt"
align=right>0</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">41</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 36 - GUARANTEES FROM
THIRD PARTIES</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:F25></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=220></TD>
<TD width=60></TD>
<TD width=84></TD>
<TD width=48></TD>
<TD width=50></TD>
<TD width=249></TD></TR>
<TR>
<TD vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>Guarantor</U></B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>Relationship</U></B></P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>Type of Guarantee</U></B></P></TD>
<TD vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>Amount</U></B></P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>Currency</U></B></P></TD>
<TD vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>Transaction</U></B></P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Russel
W. Coffin</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Letter of Credit</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>50,197,846</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Purchase
of Nitvitgov Refrigerantes S.A.</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">CONFAB</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Mortgage</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>30,000,000</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Purchase
of &nbsp;Rio de Janeiro Refrescos Ltda.</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Compa&#241;&#237;a
azucarera Concepci&#243;n</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Guaranty</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,024,209</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Supplier</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Clientes
Diversos</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Deposits</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,837,844</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Guaranty
over containers</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Empresa
Constructora Precon S.A.</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Parent Company</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Receipt</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>35,462</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>UF</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Civil
Works Agreement Maipu Distributon Center</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Maestranza
Joma S.A.</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Parent Company</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Receipt</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>294,738</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>ThCh$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Construction
Agreement Puente Alto-Maipu Distributon Center</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">SOC.
COM. Champher</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Mortgage</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,158,301</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Distributor
credit</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">MAC
COKE DIST. BEB.</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Mortgage</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>652,564</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Distributor
credit</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">AGA
S.A.</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Parent Company</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Receipt</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>600,000</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Supply
Agreement</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Estructuras
Metalicas &nbsp;Ltda.</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Parent Company</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Receipt</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>294,738</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>ThCh$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Construction
Agreement Puente Alto-Maipu Distributon Centers</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Metalurgica
Mettal Ltda.</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Parent Company</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Receipt</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>294,738</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>ThCh$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Construction
Agreement Puente Alto-Maipu Distributon Centers</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">EIFFEL
Construcciones Metalicas Ltda.</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Parent Company</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Receipt</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>294,738</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>ThCh$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Construction
Agreement Puente Alto-Maipu Distributon Centers</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Franciscana
Dist. </P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Mortgage</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>576,432</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Distributor
credit</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">DIST
REAL COLA </P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Mortgage</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>565,555</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Distributor
credit</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Zulemar
Comercio de bebidas </P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Mortgage</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>462,233</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Distributor
credit</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">ASXT
Fluminense dist. bebidas</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Mortgage</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>391,538</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Distributor
credit</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Motta
Distribuidora de bebidas</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Mortgage</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>353,472</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Distributor
credit</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Atanor
&nbsp;S.C.A</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Guaranty</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>340,224</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Supplier</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Ledesma
&nbsp;SAAI </P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Guaranty</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>335,939</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Supplier</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">AGUIAR
Dist. de bebidas</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Mortgage</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>326,282</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Distributor
credit</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Ledesma
&nbsp;SAAI</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Guaranty</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>314,954</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Supplier</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Rosas
de Casimiro</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Mortgage</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>309,966</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Distributor
credit</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Soberana
de Carmo dist. beb.</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Mortgage</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>163,141</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Distributor
credit</P></TD></TR>
<TR>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=220>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Catering
Argentina sa</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Subsidiary</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=84>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>Guaranty</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=48>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>120,139</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center>US$</P></TD>
<TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width=249>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Supplier</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">42</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 37 - LOCAL AND
FOREIGN CURRENCY - &nbsp;&nbsp;ASSETS</P><A name=RANGE!A1:D77></A><A
name=RANGE!A1:D82></A><A name=RANGE!A1:K49></A><A name=RANGE!A1:D78></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=157></TD>
<TD width=157></TD>
<TD width=157></TD>
<TD width=157></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>September 30</B></P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>September 30</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>2007</B></P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>2006</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>Currency</B></P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Amount</B></P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Amount</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>ThCh$</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><U>Current
Assets</U></P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Cash</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,911,415</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,868,546</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>4,086,548</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6,808,384</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>992,459</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>701,729</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>20,278,697</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,685,326</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Time
Deposits</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>19,047</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,528,761</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">EUROS</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>10,928,632</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>12,014,059</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>150,735</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>301,515</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Marketable
Securities (Net)</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,240,603</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>10,376,897</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>41,549,785</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>4,836,885</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>(273,288)</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>401,160</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>20,169</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Trade
Accounts Receivable (Net)</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>12,594,614</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>13,147,466</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>608,330</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>926,070</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,951,370</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,399,435</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>12,214,372</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>9,463,896</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Notes
Receivable</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>5,963,258</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>5,641,446</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>366,363</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>354,512</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,417,762</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,932,001</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Other
Creditors (Net)</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,342,760</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,858,385</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>111,728</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>4,967,674</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>529,764</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>679,538</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>5,525,841</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>8,173,196</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Notes
Receivable Related Companies</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>613,944</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,111,337</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Inventories
(Net)</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6,367,848</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>5,286,860</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,680,062</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,559,424</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6,159,366</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>4,457,947</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>9,883,251</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>9,564,790</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Recoverable
Taxes</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,333,583</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,486,404</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,201,792</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,084,202</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>4,203,068</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>8,436,251</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Prepaid
Expenses</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,277,070</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,407,978</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>32,372</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>53,933</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>44,372</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>207,464</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>182,756</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>569,996</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>712,817</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Deferred
Taxes</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>706,697</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Other
Current Assets</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>116,788</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,682,655</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,074,469</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>29,891,791</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>5,053,314</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>910,302</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>787,490</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,406,324</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,573,410</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><U>Property,
Plant and Equipment</U></P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Property,
Plant and Equipment</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>77,474,444</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>66,247,140</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>79,036,911</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>84,808,197</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Other
Assets</P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Investments
in Related Companies</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>18,726,251</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>19,930,858</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>860,501</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,207,246</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,052,283</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,557,356</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Investments
in Other Companies</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>12,849</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>44,735</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>58,872</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Goodwill</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,098,285</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>589,138</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>59,088,883</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>72,814,000</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Long
Term Debtors</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>18,866</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>25,169</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>19,888</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>167,583</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>9,985</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Notes
Receivable Related Companies</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>36,176</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>37,432</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Intangibles</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>408,045</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>448,784</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Amortization</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>(258,212)</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>(267,915)</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Others</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,031,062</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>5,902,219</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,929,122</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,345,143</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>18,806,901</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>114,048,193</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,172,551</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>4,481,997</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>13,969,855</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>5,918,017</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>Total
Assets</B></P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>Non-indexed
Ch$</B></P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>44,125,461</B></P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>45,164,512</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>US$</B></P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>235,957,102</B></P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>301,783,389</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>$AR</B></P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>14,530,466</B></P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>14,154,775</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>$R</B></P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>72,398,896</B></P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>51,729,720</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>EUROS</B></P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>10,928,632</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=157>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>Indexed
Ch$</B></P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>110,823,982</B></P></TD>
<TD vAlign=bottom width=157>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>95,981,847</B></P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">43</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 37 - LOCAL AND
FOREIGN CURRENCY - SHORT-TERM LIABILITIES </P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=194></TD>
<TD width=82></TD>
<TD width=50></TD>
<TD width=47></TD>
<TD width=50></TD>
<TD width=47></TD>
<TD width=11></TD>
<TD width=50></TD>
<TD width=47></TD>
<TD width=46></TD>
<TD width=46></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Currency</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=195
colSpan=4>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;Up to 90 days </U></B></P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=190
colSpan=4>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;90 days to 1 year </U></B></P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=82>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=97 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2007 </B></P></TD>
<TD vAlign=bottom width=97 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2006 </B></P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=97 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2007 </B></P></TD>
<TD vAlign=bottom width=93 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;September 30, 2006 </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=82>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Amount </B></P></TD>
<TD vAlign=bottom width=47>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Int. Rate </B></P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Amount </B></P></TD>
<TD vAlign=bottom width=47>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Int. Rate </B></P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Amount </B></P></TD>
<TD vAlign=bottom width=47>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Int. Rate </B></P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Amount </B></P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Int. Rate </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=82>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=47>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;% </B></P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=47>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;% </B></P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=47>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;% </B></P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;% </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Short
term bank liabilities</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,512,393</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6,465,435</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>8,992,218</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6,089,274</P></TD>
<TD vAlign=bottom width=47>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>11.55%</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,585,966</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Long
term bank liabilities</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>210,478</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>488,041</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Bonds
payable</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>8,100,029</P></TD>
<TD vAlign=bottom width=47>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6.90%</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>14,753,413</P></TD>
<TD vAlign=bottom width=47>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>7.00%</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6,329,050</P></TD>
<TD vAlign=bottom width=47>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6.90%</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Dividends
payable </P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>5,789,564</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>4,971,023</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>4,481</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Accounts
payable </P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>17,008,416</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>16,493,305</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,232,349</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,542,800</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6,000,495</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6,908,512</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>11,823,111</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>9,464,161</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">EURO</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>26,224</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Other
creditors</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>138,152</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>56,155</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>37,175</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>51,299</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,563,141</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,000,204</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>257,011</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Notes
and accounts payable related companies </P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,615,493</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,889,306</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>273,042</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>179,943</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,534,202</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,050,866</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,899,733</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,448,787</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Provisions
</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>753,926</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>686,089</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,733,765</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>30,282</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Withholdings
</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,108,556</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6,177,640</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>4,636,068</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>4,472,415</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,214,804</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,726,201</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>4,530,515</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>387,663</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Income
Tax Provision</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,221,990</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,499,771</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,028,787</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>198,437</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>4,980,425</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,949,405</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Unearned
Income </P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>520,535</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>589,435</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Deferred
Taxes</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>858,498</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>131,773</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Other
current liabilities </P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>5,598,292</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,990,938</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=82>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>Total
Current Liabilities </B></P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>Non-indexed
Ch$</B></P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>31,117,611</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>37,292,148</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>US$</B></P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>3,762,402</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>11,102,624</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>$AR</B></P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>18,239,019</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>14,816,303</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>1,065,962</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>381,509</B></P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>$R</B></P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>18,285,985</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>14,913,152</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>11,650,869</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>8,998,243</B></P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>Indexed
Ch$</B></P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>19,747,651</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>23,082,705</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>6,329,050</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=194>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=82>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>EURO</B></P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>26,224</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=11>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=50>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=47>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=46>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=46>
<P>&nbsp;</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:J53></A>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">44</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 37 - LOCAL AND
FOREIGN CURRENCY - LONG TERM LIABILITIES AS OF SEPTEMBER 30, 2007</P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:J23></A><A
name=RANGE!A1:J24></A><A name=RANGE!A1:J25></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=181></TD>
<TD width=79></TD>
<TD width=49></TD>
<TD width=58></TD>
<TD width=49></TD>
<TD width=61></TD>
<TD width=52></TD>
<TD width=60></TD>
<TD width=63></TD>
<TD width=58></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>&nbsp;Currency
</B></P></TD>
<TD vAlign=bottom width=108 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;1 to 3 years </B></P></TD>
<TD vAlign=bottom width=111 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;3 to 5 years </B></P></TD>
<TD vAlign=bottom width=112 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;5 to 10 years </B></P></TD>
<TD vAlign=bottom width=121 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Over 10 years </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=79>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>&nbsp;Amount </B></P></TD>
<TD vAlign=bottom width=58 rowSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Average int rate % </B></P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>&nbsp;Amount </B></P></TD>
<TD vAlign=bottom width=61 rowSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Average int rate % </B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>&nbsp;Amount </B></P></TD>
<TD vAlign=bottom width=60 rowSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Average int rate % </B></P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>&nbsp;Amount </B></P></TD>
<TD vAlign=bottom width=58 rowSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Average int rate % </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=79>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>&nbsp;ThCh$ </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Current
portion of long term bank liabilities</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>762,614</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Bonds
payable</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>4,174,240</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6.90%</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>8,348,480</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6.90%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>20.871.199</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6.90%</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>37,568,169</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6.90%</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">US$</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>2,044,920</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>7.63%</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Other
creditors</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>70,871</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>28,807</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Notes
and accounts payable related companies</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,389,532</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>103,950</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Provisions</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>741,094</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>5,386,069</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,397,641</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>9,286,772</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Deferred
taxes</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1,667,488</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>648,794</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>6,603,222</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Other
liabilties</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>5.248.798</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>215,283</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>1.937.538</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>3,038,139</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>Total
Long term liabilities</B></P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>$R</B></P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>19,794,697</B></P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>28,807</B></P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>Indexed
Ch$</B></P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>5,841,728</B></P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>8,348,480</B></P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>20.871.199</B></P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>42,954,238</B></P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>US$</B></P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>2,044,920</B></P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>$AR</B></P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>1,468,512</B></P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>864,077</B></P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>1.937.538</B></P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=181>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=79>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"><B>Non-indexed
Ch$</B></P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>4,130,626</B></P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=49>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>5.248.798</B></P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=63>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">45</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 37 - LOCAL AND
FOREIGN CURRENCY - LONG TERM LIABILITIES AS OF SEPTEMBER 30, 2006</P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:J22></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=172></TD>
<TD width=84></TD>
<TD width=58></TD>
<TD width=59></TD>
<TD width=58></TD>
<TD width=59></TD>
<TD width=59></TD>
<TD width=59></TD>
<TD width=59></TD>
<TD width=58></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>&nbsp;Currency
</B></P></TD>
<TD vAlign=bottom width=118 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;1 to 3 years </U></B></P></TD>
<TD vAlign=bottom width=118 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;3 to 5 years </U></B></P></TD>
<TD vAlign=bottom width=118 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;5 to 10 years </U></B></P></TD>
<TD vAlign=bottom width=118 colSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B><U>&nbsp;Over 10 years </U></B></P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Amount </B></P></TD>
<TD vAlign=bottom width=59 rowSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Average int rate % </B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Amount </B></P></TD>
<TD vAlign=bottom width=59 rowSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Average int rate % </B></P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Amount </B></P></TD>
<TD vAlign=bottom width=59 rowSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Average int rate % </B></P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Amount </B></P></TD>
<TD vAlign=bottom width=58 rowSpan=2>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;Average int rate % </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=center><B>&nbsp;ThCh$ </B></P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Long
term bank liabilities</P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>502,775</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Bonds
Payable</P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>18,035,385</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>7.00%</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>6,487,586</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>7.63%</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>8,477,059</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>6.20%</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>8,386,378</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>6.50%</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>20,965,946</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>6.50%</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>41,931,891</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>6.50%</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Other
Creditors</P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>109,295</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>48,945</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Notes
and accounts payable related companies</P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>3,831,521</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>22,345</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Provisions</P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Indexed
Ch$</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>4,955,963</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>607,393</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>55,873</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>1,867,314</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">-</P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>19,434,775</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Deferred
Taxes</P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>39,656</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Other
Liabilities</P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">Non-indexed
Ch$</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>5,217,439</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>-</B></P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">$AR</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>243,256</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>2,189,309</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>-</B></P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype">$R</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>2,151,372</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>Total
Long Term Liabilities</B></P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>$R</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>19,959,895</B></P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>2,200,317</B></P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>Non-indexed
Ch$</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>22,474,299</B></P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>5,217,439</B></P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>55,873</B></P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>6,487,586</B></P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>Indexed
Ch$</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>8,477,059</B></P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>8,386,378</B></P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>20,965,946</B></P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>46,887,854</B></P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=172>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=84>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"><B>$AR</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>2,016,265</B></P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>243,256</B></P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>2,189,309</B></P></TD>
<TD vAlign=bottom width=59>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=59>
<P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Palatino Linotype"
align=right><B>0</B></P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">46</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 38 &#150; PENALTIES</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The Company has not been
subject to penalties by the SVS or any other administrative authority.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 39 - SUBSEQUENT
EVENTS</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><U>Joint Venture
Agreement of our Brazilian subsidiary Rio de Janeiro Refrescos Ltda.</U></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">On October 4, 2007, a
Joint Venture Agreement (hereinafter, "JV") was signed in Brazil whereby our
subsidiary, Rio de Janeiro Refrescos Ltda. ("RJR") has associated to all
Coca-Cola bottlers in Brazil in a company whose purpose is to exploit the juice
market in such country, called "MAIS INDUSTRIA DE ALIMENTOS S.A." ("Sucos
Mais").</P>
<P style="MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">The JV in Sucos Mais
will be made up as follows: 50% by the 18 Coca-Cola bottlers in Brazil and 50%
by the company representing Coca-Cola in such country (called "Recofarma
Industria del Amazonas Ltda.").</P>
<P style="MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">The contribution of
RJR to the JV in the company Sucos Mais will amount to R$12,816,851 (twelve
million eight hundred and sixteen thousand eight hundred and fifty one reales),
which was invested on October 4, 2007 and will enable obtaining an interest of
7.35% in the corporate capital of Sucos Mais in 2008.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"><U>New Bottler
Agreement in Brazil for a term of 5 years</U></P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">&nbsp;</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">Rio de Janeiro
Refrescos Ltda. ("RJR"), a subsidiary of Embotelladora Andina S.A., has signed a
new Bottler Agreement in Brazil on October 4, 2007, for a term of 5 years as
from this date.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">The new agreement,
called NEWBA, does not significantly differ from the agreement previously signed
by RJR in Brazil or the agreement signed by other Andina&#180;s bottlers in other
countries where it has operations.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">There are no financial
&nbsp;or other matters to be reported which have occurred between the closing
period of September 30, 2007 and the date of preparation of these financial
statements that may have an impact over Company assets, liabilities and/or
results.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 40 - COMPANIES
SUBJECT TO SPECIAL REGULATIONS</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Andina and its
subsidiaries are not subject to special regulations.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">NOTE 41 &#150; ENVIRONMENT</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The Company has disbursed
ThCh$4,267,435 to improve its industrial process, industrial waste metering
equipment, laboratory analyses, environmental impact consultancy and other
studies. &nbsp;Future commitments, which are all short-term and for the same
concepts, amount to ThCh$490,868.-</P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">47</P>
<P style="MARGIN: 0px"><BR></P>
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<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><U>ANALYSYS OF THE
CONSOLIDATED FINANCIAL STATEMENTS</U></P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 2px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><U>Highlights</U></P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 40px; MARGIN-TOP: 0px; PADDING-LEFT: 24px; MARGIN-BOTTOM: -16px; TEXT-INDENT: -24px; FONT-FAMILY: Symbol">&#183;</P>
<P
style="PADDING-RIGHT: 40px; PADDING-LEFT: 24px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Operating
Income reached US$46.4 million during the Third Quarter of 2007, increasing
20.6% compared to the same period of the previous year. &nbsp;Operating Margin
was 16.1%.</P>
<P
style="PADDING-RIGHT: 40px; MARGIN-TOP: 0px; PADDING-LEFT: 24px; MARGIN-BOTTOM: -16px; TEXT-INDENT: -24px; FONT-FAMILY: Symbol">&#183;</P>
<P
style="PADDING-RIGHT: 40px; PADDING-LEFT: 24px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Consolidated
Sales Volume for the Third Quarter amounted to 99.0 million unit cases, an
increase of 4.6% during the quarter. </P>
<P
style="PADDING-RIGHT: 40px; MARGIN-TOP: 0px; PADDING-LEFT: 24px; MARGIN-BOTTOM: -16px; TEXT-INDENT: -24px; FONT-FAMILY: Symbol">&#183;</P>
<P
style="PADDING-RIGHT: 40px; PADDING-LEFT: 24px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Third
Quarter EBITDA totaled US$60.9 million, representing an increase of 14.2%
compared to the Third Quarter of 2006. EBITDA Margin was 21.1%.</P>
<P
style="PADDING-RIGHT: 40px; MARGIN-TOP: 0px; PADDING-LEFT: 24px; MARGIN-BOTTOM: -16px; TEXT-INDENT: -24px; FONT-FAMILY: Symbol">&#183;</P>
<P
style="PADDING-RIGHT: 40px; PADDING-LEFT: 24px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Net
Income for the Third Quarter of 2007 reached US$28.5 million, 5.6% higher than
the figure recorded in the Third Quarter of 2006.</P>
<P
style="PADDING-RIGHT: 40px; MARGIN-TOP: 0px; PADDING-LEFT: 24px; MARGIN-BOTTOM: -16px; TEXT-INDENT: -24px; FONT-FAMILY: Symbol">&#183;</P>
<P
style="PADDING-RIGHT: 40px; PADDING-LEFT: 24px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Consolidated
Operating Income reached US$141.9 million during the period ended September 30,
2007, 16.7% higher than the figure for the period ended September 30, 2006.
&nbsp;Operating Margin was 16.4%. </P>
<P
style="PADDING-RIGHT: 40px; MARGIN-TOP: 0px; PADDING-LEFT: 24px; MARGIN-BOTTOM: -16px; TEXT-INDENT: -24px; FONT-FAMILY: Symbol">&#183;</P>
<P
style="PADDING-RIGHT: 40px; PADDING-LEFT: 24px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Consolidated
Sales Volume for the period ended September 30, 2007 totaled 308.7 million unit
cases, an increase of 5.6% compared to 2006. </P>
<P
style="PADDING-RIGHT: 40px; MARGIN-TOP: 0px; PADDING-LEFT: 24px; MARGIN-BOTTOM: -16px; TEXT-INDENT: -24px; FONT-FAMILY: Symbol">&#183;</P>
<P
style="PADDING-RIGHT: 40px; PADDING-LEFT: 24px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Consolidated
EBITDA for the period ended September 30, 2007 amounted to US$184.7 million, an
increase of 10.2%. &nbsp;EBITDA Margin was 21.3%.</P>
<P
style="PADDING-RIGHT: 40px; MARGIN-TOP: 0px; PADDING-LEFT: 24px; MARGIN-BOTTOM: -16px; TEXT-INDENT: -24px; FONT-FAMILY: Symbol">&#183;</P>
<P
style="PADDING-RIGHT: 40px; PADDING-LEFT: 24px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Net
Income for the First Nine Months of 2007 reached US$97.0 million, 7.3% higher
than the First Nine Months of 2006.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><U>Comments from the
Chief Executive Officer, Mr. Jaime Garcia R.</U></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><I>&#147;Our operation in
Brazil benefited from favorable macroeconomic conditions and was further
benefited by the solid management of our team, leading to the remarkable results
for the period. &nbsp;We expect to continue facing &nbsp;interesting challenges
that the three countries in which we operate still have ahead of them; however
we expect that &nbsp;2007 will be another solid year for Andina.&#148;</I></P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">CONSOLIDATED
SUMMARY</P>
<P style="MARGIN: 0px" align=center><BR></P>
<P
style="PADDING-RIGHT: 2px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><U>First
Nine Months ended September 30, 2007 vs. First Nine Months ended September 30,
2006</U></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">During the First Nine
Months of 2007, the Company reported solid results due to growth in volume,
increases in real prices and positive macro-economic surroundings. The average
8.3% appreciation of the Brazilian real has had a positive impact over our
dollar-denominated cost and the translation of figures. &nbsp;On average, the
Chilean peso remained stable, and the Argentine peso recorded a 1.2%
depreciation.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Consolidated Sales Volume
amounted to 308.7 million unit cases, an increase of 5.6%. &nbsp;Soft Drinks
increased 4.8%, while the Juices, Waters and Beer categories together increased
by 14.0%. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Net Sales amounted to
US$865.0 million, 10.4% higher than 2006. &nbsp;This was a result of higher
volumes and price adjustments in the three countries where the Company operates
and the favorable exchange rate in Brazil upon the translation of figures. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Cost of Sales per unit
case increased 2.2% compared to the First Nine Months of 2006, mainly due to the
increase of costs in important raw materials such as sugar and concentrate (the
latter due to price increases) and higher labor costs. &nbsp;These were
partially offset by the decrease of PET resin costs at the consolidated level.
</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">48</P>
<P style="MARGIN: 0px"><BR></P>
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<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">On the other hand,
SG&amp;A expenses increased 11.6% as a result of higher volumes, increases in
advertising expenses, and freight fees, which rose due to higher labor costs and
fuel prices. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Consolidated Operating
Income amounted to US$141.9 million, a 16.7% increase compared to the First Nine
Months of 2006. Operating Margin was 16.4%, an increase of 90 basis points. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Consolidated EBITDA
amounted to US$184.7 million, an increase of 10.2%. EBITDA Margin was 21.3%.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 2px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><U>Third
Quarter 2007 vs. Third Quarter 2006</U></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Consolidated Sales Volume
for the Third Quarter of 2007 reached 99.0 million unit cases, a 4.6% increase
compared to the same period of the previous year. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Net Sales amounted to
US$288.2 million, representing a 11.6% improvement compared to the Third Quarter
of 2006, mainly due to increased volumes and a significant increase in average
income in Brazil and Argentina.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Cost of Sales per unit
case increased 5.8%, mainly explained by the previously-mentioned circumstances
during the First Nine Months of 2007. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">SG&amp;A expenses
increased 8.5%, as a result of increased volumes, higher freight fees and the
increase in advertising expenses. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Consolidated Operating
Income amounted to US$46.4 million, a 20.6% increase compared to the Third
Quarter of 2006. Operating Margin was 16.1%, an increase of 120 basis points.
</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Finally, Consolidated
EBITDA amounted to US$60.9 million, a 14.2% improvement compared to the same
period of the previous year. EBITDA Margin was 21.1%, representing an increase
of 40 basis points compared to the Third Quarter of 2006.</P>
<P style="MARGIN: 0px" align=center><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><U>CHILEAN OPERATIONS
</U></P>
<P style="MARGIN: 0px" align=center><BR></P>
<P
style="PADDING-RIGHT: 2px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><U>First
Nine Months ended September 30, 2007 vs. First Nine Months ended September 30,
2006</U></P>
<P style="MARGIN: 0px" align=center><BR></P>
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">During
the First Nine Months of 2007, Sales Volume amounted to 104.7 million unit
cases; a 4.2% growth impacted by the harsh winter season, partially offset by
the significant launch of <I>Coca-Cola Zero</I> and the growth on non-carbonated
products during the period. This increase was also impacted by increased Soft
Drink volumes (+3.6%), as well as an increase in the Juices and Waters segment
(+7.1%). </P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Net
Sales amounted to US$327.1 million, a 4.2% improvement compared to the previous
year, as a result of higher volumes along with price adjustments in real
terms.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Operating
Income was 4.9% higher than the figure reported in the same period of 2006,
amounting to US$74.8 million. &nbsp;Operating Margin was 22.9%, an increase of
20 basis points compared to the previous year.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">EBITDA
amounted to US$92.9 million, 1.5% higher than the EBITDA figure recorded in
2006. &nbsp;EBITDA Margin was 28.4%.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">49</P>
<P style="MARGIN: 0px"><BR></P>
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</DIV>
<DIV style="WIDTH: 720px">
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<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="PADDING-RIGHT: 2px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><U>Third
Quarter 2007 vs. Third Quarter 2006</U></P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">During
the Third Quarter of 2007 Sales Volume amounted to 33.9 million unit cases, a
5.7% growth compared to the same period of the previous year, returning to
normal growth levels after being strongly impacted by the severe winter season.
Soft Drinks increased by 4.3%, while Juices and Waters increased 12.7%. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Net
Sales amounted to US$104.1 million, reflecting a growth of 3.0%, explained by
increased volumes and partially offset by the decrease in average real prices,
mainly due to the unusually high inflation recorded for this period and that
amounts to 3.1% for the quarter. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Cost
of Sales per unit case increased 2.3%. &nbsp;This higher cost is mainly
explained by the increase in the cost of sugar, partially offset by the decrease
in the cost of PET resin, along with lower depreciation charges due to the end
of the useful life period of certain property, plant and equipment. </P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Operating
Income amounted to US$21.2 million, a 7.1% decrease compared to the Third
Quarter of 2006. &nbsp;Operating Margin was 20.4%, a decrease of 220 basis
points.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">EBITDA
amounted to US$27.4 million, a 5.8% decrease regarding the EBITDA figure
recorded during the same period of the previous year. &nbsp;EBITDA Margin was
26.3%, a decrease of 250 basis points.</P>
<P style="MARGIN: 0px" align=center><BR></P>
<P
style="PADDING-RIGHT: 2px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><U>BRAZILIAN
OPERATIONS</U></P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 2px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><U>First
Nine Months ended September 30, 2007 vs. First Nine Months ended September 30,
2006</U></P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Sales
Volume amounted to 123.9 million unit cases representing a 6.7% growth for the
period ended September 30, 2007.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Net
Sales reached US$370.9 million, increasing 16.9% compared to the previous year.
&nbsp;This significant increase was a result of volume growth, price adjustments
and the favorable exchange rate upon the translation of figures.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Cost
of Sales per unit case increased 4.9%. &nbsp;Higher freight fees and revaluation
of the Brazilian <I>real</I> led to an increase of SG&amp;A expenses of
16.8%.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Operating
Income increased 38.2%, amounting to US$59.5 million. Operating Margin was
16.0%, an improvement of 240 basis points.</P>
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P>
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">EBITDA
amounted to US$74.4 million, an increase of 28.2%, with an EBITDA Margin of
20.1%, increasing 180 basis points compared to the previous period.</P>
<P style="MARGIN: 0px" align=center><BR></P>
<P
style="PADDING-RIGHT: 2px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><U>Third
Quarter 2007 vs. Third Quarter 2006</U></P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Sales
Volume for the Third Quarter of 2007 amounted to 39.8 million unit cases,
representing an 7.3% increase compared to the Third Quarter of 2006. &nbsp;</P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Net
Sales reached US$129.2 million, representing a significant increase of 21.9%.
&nbsp;This growth along with higher volumes is explained by price adjustments
during the period, as well as the appreciation of the Brazilian exchange rate
which had a positive impact upon translating figures into US dollars.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">50</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Cost
of Sales per unit case grew 8.4% mainly explained by the figure conversion
effect that negatively impacts the costs, along with the increase in concentrate
(resulting from price adjustments) and the cost of aluminum for cans.
&nbsp;These factors were partially offset by the decrease in the cost of sugar
and PET resin. </P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Operating
Income reached US$23.6 million, an improvement of 72.1%, while Operating Margin
was 18.3%, an improvement of 540 basis points. </P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Finally,
EBITDA amounted to US$28.8 million, a 53.5% improvement compared to the US$18.8
million recorded during the Third Quarter of 2006. &nbsp;&nbsp;EBITDA Margin was
22.3%, an increase of 460 basis points compared to the same period of the
previous year.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><U>ARGENTINE
OPERATIONS</U></P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 2px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><U>First
Nine Months ended September 30, 2007 vs. First Nine Months ended September 30,
2006</U></P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Sales
Volume reached 80.1 million unit cases, a 5.6% improvement compared to the Sales
Volume reported in 2006. &nbsp;This increase was supported by the launch of
Coca-Cola Zero in the Light (Diet) segment, and by the increase in salaries.
</P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Net
Sales reached US$171.8 million, representing an increase of 8.3%. This increase
is explained by higher volumes and price adjustments that took place during the
period, partially offset by the effect of the figure translation due the
devaluation of the Argentine peso (1.2% on average).</P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Cost
of Sales per unit case decreased 0.8%. &nbsp;SG&amp;A expenses increased 13.7%
mainly due to volumes and higher salaries. </P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Operating
Income amounted to US$17.9 million, representing a 17.2% increase. Operating
Margin was 10.4%, 80 basis points higher than 2006. &nbsp;</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">EBITDA
reached US$27.8 million, an increase of 6.3% compared to the same period of
2006. &nbsp;EBITDA Margin decreased 30 basis points amounting to 16.2%.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 2px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><U>Third
Quarter 2007 vs. Third Quarter 2006</U></P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Sales
Volume for the Third Quarter of 2007 decreased 0.8% reaching 25.3 million unit
cases. &nbsp;</P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Net
Sales reached US$56.4 million, representing an increase of 6.7% compared to the
Third Quarter of 2006. &nbsp;This improvement is explained by price adjustments
during the period, partially offset by the figure translation effect due to the
devaluation of the Argentine peso.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Cost
of Sales per unit case increased 4.2%, mainly explained by the increase in the
cost of sugar (due to weather factors that impacted domestic production) and
concentrate (as a result of higher prices), higher labor costs and fluctuations
of the exchange rate upon the translation of figures. </P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Operating
Income amounted to US$5.3 million, a 3.5% increase. Operating Margin was 9.4%,
30 basis points lower than the Third Quarter of 2006.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Finally,
EBITDA reached US$8.5 million, a decrease of 2.8%. EBITDA Margin was 15.1% a
decrease of 140 basis points compared to the Third Quarter of 2006.</P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">51</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><U>NON-OPERATING
RESULTS</U></P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 2px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><U>First
Nine Months ended September 30, 2007 vs. First Nine Months ended September 30,
2006</U></P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Non-Operating
Results totaled a loss of (US$14.1) million, and which is in line with the
accumulated loss of (US$14.0) million recorded during 2006. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Net income amounted to
US$97.0 million, an increase of 7.3% compared to the figure recorded during the
First Nine Months of 2006.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">ANALYSIS OF THE BALANCE
SHEET</P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">As of
September 30, 2007, the Company&#146;s financial assets amounted to US$263.9 million.
These represent cash, investments in mutual funds, deposits, and corporate
bonds. &nbsp;60.7% of the total financial investments are U.S.
Dollar-denominated. Nevertheless, through <I>&#147;Cross-Currency Swap&#148;
</I>agreements<I> </I>part of the portfolio has been converted to Chilean Pesos
(UF &#150; Chilean Inflation Indexed Currency), thereby decreasing the amount
denominated in U.S. Dollars to 8.0%.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="PADDING-RIGHT: 1px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">On
the other hand, the Company&#146;s total debt was US$191.0 million, with an average
annual rate of 7.63% on U.S. Dollar debt, and an average real annual rate of
6.37% on Chilean Peso-denominated debt. The U.S. Dollar-denominated debt
represents 2.1% of total debt.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">As a result, the Company
holds a positive net cash position of US$73.0 million.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype"><B>II.</B></P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;MAIN
INDICATORS</B></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The main indicators
contained in the table reflect for both periods the solid financial position and
profitability of Embotelladora Andina S.A.</P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=12></TD>
<TD width=239></TD>
<TD width=69></TD>
<TD width=81></TD>
<TD width=69></TD>
<TD width=69></TD>
<TD width=131></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #c0c0c0"
vAlign=bottom width=251 colSpan=2>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>INDICATORS</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #c0c0c0"
vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Unit</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #c0c0c0"
vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Sep-07</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #c0c0c0"
vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Dec-06</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #c0c0c0"
vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Sep-06</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #c0c0c0"
vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center><B>Variance</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=251 colSpan=2>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B><I>LIQUIDITY</I></B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><I></I>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Current
Ratio</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>Times</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1.82</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1.30 </P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1.26 </P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>0.56 </P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Acid
Tests</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>Times</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1.60</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1.12 </P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>1.06 </P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>0.54 </P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Working
Capital</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>MCh$</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>43,619</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>23,316</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>12,170</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>31,449 </P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=251 colSpan=2>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B><I>ACTIVITY</I></B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B><I></I></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Investments</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>MCh$</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>39,930</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>38,892</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>26,048</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>13,883</P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Inventory
turnover</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>Times</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>10.49 </P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>15.42 </P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>11.48 </P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; COLOR: #ff0000; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>-0.99 </P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Days
of inventory on hand</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>Days</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>34.32 </P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>23.35 </P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>31.35 </P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>2.97 </P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=251 colSpan=2>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B><I>INDEBTEDNESS</I></B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><I></I>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Debt
to equity ratio</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>89.00%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>86.94%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>98.11%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>-9.11%</P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Short-term
liabilities to total liabilities</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>48.99%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>52.86%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>42.97%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>6.02%</P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Long-term
liabilities to total liabilities</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>51.01%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>47.14%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>57.03%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>-6.02%</P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Interest
charges coverage ratio</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>Times</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>15.53 </P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>23.50 </P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>12.07 </P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>3.46</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=251 colSpan=2>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"><B><I>PROFITABILITY</I></B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><I></I>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Return
over equity</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>18.32%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>27.10%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>16.79%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>1.52%</P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Return
over total assets</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>9.75%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>14.15%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>8.52%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>1.23%</P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Return
over operating assets</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>19.81%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>30.72%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>18.43%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>1.38%</P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Operating
income</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>MCh$</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>72,522</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>100,051</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>62,140</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>10,383 </P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Operating
margin</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>16.40%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>17.41%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>15.52%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>0.88%</P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">EBITDA
(1)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>MCh$</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>96,392</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>134,440</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>88,633</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>7,759 </P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">EBITDA
margin</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>21.80%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>23.40%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>22.13%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>-0.34%</P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Dividends
payout ratio - Serie A shares</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>6.48%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>6.61%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>7.80%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>-1.32%</P></TD></TR>
<TR>
<TD style="BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=12>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=239>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype">Dividends
payout ratio - Serie B shares</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>%</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=81>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>6.56%</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>6.72%</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=69>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=right>7.94%</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=131>
<P
style="FONT-SIZE: 8pt; MARGIN: 0px; LINE-HEIGHT: 10pt; FONT-FAMILY: Palatino Linotype"
align=center>-1.38%</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">52</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px"><BR><BR><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=12></TD>
<TD width=239></TD>
<TD width=69></TD>
<TD width=81></TD>
<TD width=69></TD>
<TD width=69></TD>
<TD width=131></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">EBITDA (1)
&nbsp;&nbsp;Earnings before income taxes, interests, depreciation, amoritization
and extraordinary items.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Liquidity indicators
remain solid and stable. &nbsp;Under short term liabilities there is a
significant decrease over bank liabilities due to the liability acquired in
order to pay the addiontioan l dividen of the preiovious period (during this
year the dividend payment was solely financed through own resources); offset by
an increase in short term allowances. &nbsp;On the other hand, short term assets
increased during the period &nbsp;basuically due to the reclassificaction of the
short term portion of long term financial assets, due to the sale of long temer
corporate bonds that were reinvested in short term marketable securities. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Indicators of
indebtedness improve mainly due to the decrease in the short term debt already
explained; and due to the amortizations of the local bond for an approximate
amount of MUS$26 carried out during June 2007 and December 2006. &nbsp;During
the period net financial expenses amounted to Ch$4,496 million and earnings
before interests and taxes amounted to Ch$69,830 million, achieving an interest
coverage of 15.5 times, significantly higher than the previous period. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Operating profitability
indicators and Profitability over Equity benefited from the reasons mentioned in
paragraph I, along with a decrease in Shareholders&#146; Equity resulting from the
extraordinary dividend payment during July 2007.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype"><B>III.</B></P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;ANALYSIS
OF BOOK VALUES AND PRSENT VALUE OF ASSETS</B></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">With respect to the
Company&#146;s main assets the following should be noted:</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Given the high rotation
of the items that compose working capital, book values of current assets are
considered to represent market values. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Fixed asset values in the
Chilean companies are presented at restated acquisition cost. In the foreign
companies, fixed assets are valued in accordance with Technical Bulletin N&#176; 64
issued by the Chilean Institute of Accountants (controlled in historical
dollars).</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Depreciation is estimated
over the restated value of assets along with the remaining useful economic life
of each asset. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">All fixed assets that are
considered available for sale are held at their respective market values.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Investments in shares, in
situations where the Company has a significant influence on the issuing company,
are presented following the equity method. The Company&#146;s participation in the
results of the issuing company for each year has been recognized on an accrual
basis, and unrealized results on transactions between related companies have
been eliminated.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">In summary, assets are
valued in accordance with generally accepted accounting standards in Chile and
the instructions provided by the Chilean Securities Commission, as shown in Note
2 of the Financial Statements.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">53</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype"><B>IV.</B></P>
<P
style="MARGIN: 0px; TEXT-INDENT: 24px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;ANALYSIS
OF THE MAIN COMPONENTS OF CASH FLOW</B></P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=234></TD>
<TD width=79></TD>
<TD width=72></TD>
<TD width=71></TD>
<TD width=71></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>Cash Flow
&nbsp;(MCH$)</B></P></TD>
<TD vAlign=bottom width=79>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>Sep. 2007</B></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>MCh$</B></P></TD>
<TD vAlign=bottom width=72>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>Sep. 2006</B></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>MCh$</B></P></TD>
<TD vAlign=bottom width=71>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>Variation MCh$</B></P></TD>
<TD vAlign=top width=71>
<P style="MARGIN: 0px" align=center><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>Variation</B></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=center><B>%</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Operating</P></TD>
<TD vAlign=bottom width=79>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>92,474</P></TD>
<TD vAlign=bottom width=72>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>89,513</P></TD>
<TD vAlign=bottom width=71>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>2,961</P></TD>
<TD vAlign=top width=71>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>3</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Financing</P></TD>
<TD vAlign=bottom width=79>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(87,805)</P></TD>
<TD vAlign=bottom width=72>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>(91,706)</P></TD>
<TD vAlign=bottom width=71>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>3,901</P></TD>
<TD vAlign=top width=71>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>4</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Investment</P></TD>
<TD vAlign=bottom width=79>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>38,221</P></TD>
<TD vAlign=bottom width=72>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>6,630</P></TD>
<TD vAlign=bottom width=71>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>31,591</P></TD>
<TD vAlign=top width=71>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>-476</P></TD></TR>
<TR>
<TD vAlign=bottom width=234>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>Net cash flow
for the Period</B></P></TD>
<TD vAlign=bottom width=79>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>42,890</B></P></TD>
<TD vAlign=bottom width=72>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>4,437</B></P></TD>
<TD vAlign=bottom width=71>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>38,453</B></P></TD>
<TD vAlign=top width=71>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right><B>-867</B></P></TD></TR></TABLE>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">&nbsp;</P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The Company generated
positive net cash flow of MCh$42,890 during the quarter, analyzed as
follows:</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Operating activities
generated a a positive cash flow of MCh$92,474 representing a positive variation
of MCh$2,961 mainly explained by increased collections from clients and
partially compensated by higher income taxes and other taxes due to better
results obtained regarding the previous year. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Financing activities
generated a negative cash flow of MCh$87,805; with a positive variation of
MCh$3,901 regarding the previous year, mainly because of lower net payments of
bank liabilities, partially offset by higher bond paym,ents resulting from the
maturity of the first tranche of Yankee Bonds.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Investment activities
generated a positive cash flow of MCh$38,221 with a positive variation of
MCh$31,591 regarding the previous year, mainly explained by higher sales of
investments in financial instruments during the current year, and which was
partially offset by higher investments in property, plant and equipment during
2007. </P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype"><B>V.</B></P>
<P
style="MARGIN: 0px; TEXT-INDENT: 47px; FONT-FAMILY: Palatino Linotype"><B>&nbsp;ANALYSIS
OF MARKET RISK</B></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Interest Rate Risk</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">As of September 30, 2006
and 2007, the Company held 100% of its debt obligations at fixed-rates.
&nbsp;Consequently, the risk fluctuation of market interest rates regarding the
Company&#146;s cash flow remains low. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Foreign Currency Risk</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Income generated by the
Company is linked to the currencies of the markets in which it operates.
&nbsp;For the period the breakdown for each is the following: </P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">Chilean
peso:</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">37%</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">Brazilian
real:</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">43%</P>
<P
style="MARGIN-TOP: 0px; MARGIN-BOTTOM: -16px; FONT-FAMILY: Palatino Linotype">Argentine
peso:</P>
<P
style="MARGIN: 0px; TEXT-INDENT: 94px; FONT-FAMILY: Palatino Linotype">20%</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Since the Company&#146;s sales
are not linked to the United States dollar, the policy adopted for managing
foreign exchange risk, this is the mismatch between assets and liabilities
denominated in a given currency, has been to maintain financial investments in
dollar-denominated instruments, for an amount at least equivalent to the
dollar-denominated liabilities.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Additionally, it is
Company policy to maintain foreign currency hedge agreements to lessen the
effects of exchange risk in cash expenditures expressed in US dollars which
mainly correspond to payment to suppliers for raw materials. </P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">54</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Accounting exposure of
foreign subsidiaries (Brazil and Argentina) for the difference between monetary
assets and liabilities, those denominated in local currency, and therefore,
exposed to risks upon translation to the US dollar, are only covered when it is
foreseen that it will result in significant negative differences and when the
associated cost of said coverage is deemed reasonable by management. </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Commodity Risks</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">The Company faces the
risk of price changes in the international markets for sugar, aluminum and PET
resin, all of which are necessary raw materials for preparing beverages, and
that altogether represent between 25% and 30% of our operating costs. In order
to minimize and/or stabilize such risk, supply contracts and advanced purchases
are negotiated when market conditions are favorable. &nbsp;Likewise commodity
coverage instruments have also been utilized. </P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-RIGHT: 6px; MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><I>This
document may contain forward-looking statements reflecting Embotelladora Andina
SA&#146;s good faith expectations and are based upon currently available data;
however, actual results are subject to numerous uncertainties, many of which are
beyond the control of the Company and any one or more of which could materially
impact actual performance. &nbsp;Among the factors that can cause performance to
differ materially are: &nbsp;political and economic conditions on consumer
spending, pricing pressure resulting from competitive discounting by other
bottlers, climatic conditions in the Southern Cone, and other risk factors
applicable from time to time and listed in Andina&#146;s periodic reports filed with
relevant regulatory institutions.</I></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">55</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">MATERIAL EVENTS </P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">During the period between
July 1, 2007 and September 30, 2007, the following material events were filed:
</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">At a special board
meeting held August 20, 2007, it was disclosed that <I>The Coca-Cola Company</I>
(TCCC) advised its intent to revise the "<I>concentrate price</I>" in Chile.
&nbsp;This price is a percentage rate applied on beverage sales revenues under
the franchise agreement.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">TCCC intends to increase
that concentrate price as of January 1, 2008 in respect of revenues from the
incremental sales over the 2007 sales value. &nbsp;The prevailing concentrate
price would thus be applied to the amount of the Andina Chilean franchise's
total sales for as much as the equivalent to the 2007 sales revenues.</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Since the effect of this
potential measure cannot yet be determined nor the way in which it will
ultimately be applied, Andina will disclose the outcome of these conversations
once the negotiation process has concluded.</P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=103></TD>
<TD width=126></TD>
<TD width=126></TD>
<TD width=132></TD></TR>
<TR>
<TD vAlign=top width=488 colSpan=4>
<P
style="PADDING-RIGHT: 2px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">DIVIDENDS
DISTRIBUTED DURING THE 2007 PERIOD</P></TD></TR>
<TR>
<TD vAlign=top width=103>
<P
style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>Number</B></P></TD>
<TD vAlign=top width=126>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"><B>Payment
Date</B></P></TD>
<TD vAlign=top width=126>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right><B>Ch$
per Series A</B></P></TD>
<TD vAlign=top width=132>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype" align=right><B>Ch$
per Series B</B></P></TD></TR>
<TR>
<TD vAlign=top width=103>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">154</P></TD>
<TD vAlign=top width=126>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Jan 31, 2007</P></TD>
<TD vAlign=top width=126>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>5.60</P></TD>
<TD vAlign=top width=132>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>6.16</P></TD></TR>
<TR>
<TD vAlign=top width=103>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">155</P></TD>
<TD vAlign=top width=126>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Apr 26, 2007</P></TD>
<TD vAlign=top width=126>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>11.120</P></TD>
<TD vAlign=top width=132>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>12.232</P></TD></TR>
<TR>
<TD vAlign=top width=103>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">156</P></TD>
<TD vAlign=top width=126>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Jul 5, 2007</P></TD>
<TD vAlign=top width=126>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>65.190</P></TD>
<TD vAlign=top width=132>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>71.709</P></TD></TR>
<TR>
<TD vAlign=top width=103>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">157</P></TD>
<TD vAlign=top width=126>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Jul 26, 2007</P></TD>
<TD vAlign=top width=126>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>7.00</P></TD>
<TD vAlign=top width=132>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>7.70</P></TD></TR>
<TR>
<TD vAlign=top width=103>
<P>&nbsp;</P></TD>
<TD vAlign=top width=126>
<P>&nbsp;</P></TD>
<TD vAlign=top width=126>
<P>&nbsp;</P></TD>
<TD vAlign=top width=132>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=top width=488 colSpan=4>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">DIVIDENDS AGREED TO
BE DISTRIBUTED</P></TD></TR>
<TR>
<TD vAlign=top width=103>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">158</P></TD>
<TD vAlign=top width=126>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">Oct 24, 2007</P></TD>
<TD vAlign=top width=126>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>7.00</P></TD>
<TD vAlign=top width=132>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype"
align=right>7.70</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px; FONT-FAMILY: Palatino Linotype">No other significant
events of a financial or any other nature have occurred between September 30,
2007 and the issuance date of these financial statements that affect or may
affect the assets, liabilities and/or income of the Company</P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P></DIV>
<DIV style="WIDTH: 664px">
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 286px; LINE-HEIGHT: 13pt">56</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
</DIV>
<DIV style="WIDTH: 720px">
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:J184></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=266></TD>
<TD width=61></TD>
<TD width=60></TD>
<TD width=52></TD>
<TD width=43></TD>
<TD width=52></TD>
<TD width=58></TD>
<TD width=52></TD>
<TD width=44></TD>
<TD width=39></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Embotelladora
Andina S.A.</B></P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=328 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Third
Quarter Results for the period ended September 30, Chilean GAAP</B></P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=328 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>(In
millions of constant 09/30/07 Chilean Pesos, except per share)</B></P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=218 colSpan=4>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>30-09-2007</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=207 colSpan=4>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>30-09-2006</I></B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B><I></I></B>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Chilean Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Brazilian Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Argentine Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Total (2)</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Chilean Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Brazilian Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Argentine Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Total (2)</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>% Ch.</I></B></P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>VOLUME
TOTAL BEVERAGES (Million UC)</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>33.9</B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>39.8</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>25.3</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>99.0</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>32.1</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>37.1</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>25.5</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>94.7</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>4.6%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">&nbsp;&nbsp;Soft
Drink</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>27.9</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>37.3</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>24.9</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>90.1</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>26.7</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>35.5</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>25.1</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>87.3</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>3.2%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">&nbsp;&nbsp;Mineral
Water</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>2.5</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.7</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.3</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>3.4</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>2.4</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.4</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.3</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>3.1</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>9.8%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">&nbsp;&nbsp;Juices</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>3.6</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.8</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.1</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>4.5</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>3.0</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.5</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.1</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>3.5</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>29.0%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">&nbsp;&nbsp;Beer</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>1.0</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>1.0</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.8</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>0.8</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>27.2%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial">&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NET
SALES</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>53,206</B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>66,045</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>28,827</B></P></TD>
<TD vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>147,358</B></P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>51,672</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>54,183</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>27,026</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>131,993</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>11.6%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;COST
OF SALES</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(31,036)</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(35,417)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(17,900)</P></TD>
<TD vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(83,633)</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(28,697)</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(30,452)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(17,320)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(75,580)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>10.7%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>GROSS
PROFIT</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>22,170</B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>30,628</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>10,927</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>63,725</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>22,975</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>23,731</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>9,706</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>56,413</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>13.0%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Gross
Margin</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>41.7%</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>46.4%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>37.9%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>43.2%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>44.5%</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>43.8%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>35.9%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>42.7%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;SELLING
AND ADMINISTRATIVE EXPENSES</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(11,316)</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(18,563)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(8,220)</P></TD>
<TD vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(38,099)</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(11,296)</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(16,720)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(7,091)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(35,106)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>8.5%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;CORPORATE
EXPENSES</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(1,903)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(1,636)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>16.4%</P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>OPERATING
INCOME</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>10,854</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>12,065</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>2,707</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>23,723</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>11,679</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>7,012</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>2,616</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>19,671</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>20.6%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Operating
Margin</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>20.4%</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>18.3%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>9.4%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>16.1%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>22.6%</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>12.9%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>9.7%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>14.9%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>EBITDA
(1)</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>14,001</B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>14,716</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>4,342</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>31,157</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>14,868</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>9,588</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>4,468</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>27,288</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>14.2%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Ebitda
Margin</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>26.3%</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>22.3%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>15.1%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>21.1%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>28.8%</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>17.7%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>16.5%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>20.7%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NON
OPERATIONAL RESULTS</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;FINANCIAL
EXPENSE/INCOME (Net)</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>3,600</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>444</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>710.0%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;RESULTS
FROM AFFILIATED</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(560)</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(192)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>191.7%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;AMORTIZATION
OF GOODWILL</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(1,530)</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(1,751)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-12.6%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;OTHER
INCOME/(EXPENSE)</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(636)</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(475)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>33.9%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;PRICE
LEVEL RESTATEMENT (3)</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(3,751)</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(1,646)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>127.8%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NON-OPERATING
RESULTS</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>(2,877)</B></P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>(3,620)</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>-20.5%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=top width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>INCOME
BEFORE INCOME TAXES; AMORTIZATION OF </B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NEGATIVE
GOODWILL AND MINORITY INTEREST</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>20,846</B></P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>16,052</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>29.9%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>INCOME
TAXES</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(6,270)</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(2,239)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>180.1%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>MINORITY
INTEREST</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>10</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>2</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>AMORTIZATION
OF NEGATIVE GOODWILL</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NET
INCOME</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>14,586</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>13,815</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>5.6%</B></P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Net
Margin</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>9.9%</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>10.5%</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>WEIGHTED
AVERAGE SHARES OUTSTANDING</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>760.3</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>760.3</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>EARNINGS
PER SHARE</B></P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>19.2</B></P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>18.2</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>EARNINGS
PER ADS</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>115.1</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>109.0</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>5.6%</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">(1)
EBITDA: Operating Income + Depreciation</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=388 colSpan=3>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">(2)
Total may be different from the addition of the three countries because of
intercountry eliminations</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=441 colSpan=4>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">(3)
Includes: Monetary Correction + Conversion Effect to Balance Sheet +
Income Statement Accounts.</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR><BR></P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt" align=center>-57-</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=266></TD>
<TD width=61></TD>
<TD width=60></TD>
<TD width=52></TD>
<TD width=43></TD>
<TD width=52></TD>
<TD width=58></TD>
<TD width=52></TD>
<TD width=44></TD>
<TD width=39></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Embotelladora
Andina S.A.</B></P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=328 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Third
Quarter Results for the period ended September 30, Chilean GAAP</B></P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>(In
millions US$, except per share)</B></P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B>Exch. Rate &nbsp;:</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B>511.23</B></P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=218 colSpan=4>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>30-09-2007</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=207 colSpan=4>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>30-09-2006</I></B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B><I></I></B>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Chilean Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Brazilian Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Argentine Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Total (2)</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Chilean Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Brazilian Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Argentine Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Total (2)</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>% Ch.</I></B></P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>VOLUME
TOTAL BEVERAGES (Million UC)</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>33.9</B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>39.8</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>25.3</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>99.0</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>32.1</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>37.1</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>25.5</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>94.7</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>4.6%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">&nbsp;&nbsp;Soft
Drink</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>27.9</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>37.3</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>24.9</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>90.1</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>26.7</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>35.5</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>25.1</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>87.3</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>3.2%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">&nbsp;&nbsp;Mineral
Water</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>2.5</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.7</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.3</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>3.4</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>2.4</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.4</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.3</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>3.1</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>9.8%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">&nbsp;&nbsp;Juices</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>3.6</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.8</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.1</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>4.5</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>3.0</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.5</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.1</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>3.5</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>29.0%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">&nbsp;&nbsp;Beer</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>1.0</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>1.0</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.8</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>0.8</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>27.2%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial">&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NET
SALES</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>104.1</B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>129.2</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>56.4</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>288.2</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>101.1</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>106.0</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>52.9</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>258.2</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>11.6%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;COST
OF SALES</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(60.7)</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(69.3)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(35.0)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(163.6)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(56.1)</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(59.6)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(33.9)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(147.8)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>10.7%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>GROSS
PROFIT</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>43.4</B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>59.9</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>21.4</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>124.7</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>44.9</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>46.4</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>19.0</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>110.3</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>13.0%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Gross
Margin</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>41.7%</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>46.4%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>37.9%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>43.2%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>44.5%</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>43.8%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>35.9%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>42.7%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;SELLING
AND ADMINISTRATIVE EXPENSES</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(22.1)</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(36.3)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(16.1)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(74.5)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(22.1)</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(32.7)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(13.9)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(68.7)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>8.5%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;CORPORATE
EXPENSES</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(3.7)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(3.2)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>16.4%</P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>OPERATING
INCOME</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>21.2</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>23.6</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>5.3</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>46.4</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>22.8</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>13.7</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>5.1</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>38.5</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>20.6%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Operating
Margin</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>20.4%</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>18.3%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>9.4%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>16.1%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>22.6%</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>12.9%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>9.7%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>14.9%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>EBITDA
(1)</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>27.4</B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>28.8</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>8.5</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>60.9</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>29.1</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>18.8</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>8.7</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>53.4</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>14.2%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Ebitda
Margin</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>26.3%</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>22.3%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>15.1%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>21.1%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>28.8%</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>17.7%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>16.5%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>20.7%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NON
OPERATIONAL RESULTS</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;FINANCIAL
EXPENSE/INCOME (Net)</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>7.0</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.9</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>710.0%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;RESULTS
FROM AFFILIATED</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(1.1)</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(0.4)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>191.7%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;AMORTIZATION
OF GOODWILL</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(3.0)</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(3.4)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-12.6%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;OTHER
INCOME/(EXPENSE)</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(1.2)</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(0.9)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>33.9%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;PRICE
LEVEL RESTATEMENT (3)</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(7.3)</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(3.2)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>127.8%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NON-OPERATING
RESULTS</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>(5.6)</B></P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>(7.1)</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>-20.5%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=top width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>INCOME
BEFORE INCOME TAXES; AMORTIZATION OF </B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NEGATIVE
GOODWILL AND MINORITY INTEREST</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>40.8</B></P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>31.4</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>29.9%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>INCOME
TAXES</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(12.3)</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(4.4)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>180.1%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>MINORITY
INTEREST</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>AMORTIZATION
OF NEGATIVE GOODWILL</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NET
INCOME</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>28.5</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>27.0</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>5.6%</B></P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Net
Margin</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>9.9%</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>10.5%</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>WEIGHTED
AVERAGE SHARES OUTSTANDING</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>760.3</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>760.3</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>EARNINGS
PER SHARE</B></P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>0.04</B></P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>0.04</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>EARNINGS
PER ADS</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>0.23</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>0.21</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>5.6%</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">(1)
EBITDA: Operating Income + Depreciation</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=388 colSpan=3>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">(2)
Total may be different from the addition of the three countries because of
intercountry eliminations</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=441 colSpan=4>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">(3)
Includes: Monetary Correction + Conversion Effect to Balance Sheet +
Income Statement Accounts.</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR><BR></P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt" align=center>-58-</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=266></TD>
<TD width=61></TD>
<TD width=60></TD>
<TD width=52></TD>
<TD width=43></TD>
<TD width=52></TD>
<TD width=58></TD>
<TD width=52></TD>
<TD width=44></TD>
<TD width=39></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Embotelladora
Andina S.A.</B></P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=327 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Nine
Months Results for the period ended September 30, Chilean GAAP</B></P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=327 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>(In
millions of constant 09/30/07 Chilean Pesos, except per share)</B></P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=218 colSpan=4>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>30-09-2007</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=207 colSpan=4>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>30-09-2006</I></B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B><I></I></B>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Chilean Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Brazilian Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Argentine Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Total (2)</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Chilean Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Brazilian Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Argentine Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Total (2)</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>% Ch.</I></B></P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>VOLUME
TOTAL BEVERAGES (Million UC)</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>104.7</B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>123.9</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>80.1</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>308.7</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>100.5</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>116.1</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>75.9</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>292.4</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>5.6%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">&nbsp;&nbsp;Soft
Drink</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>86.2</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>117.1</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>79.0</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>282.3</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>83.2</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>111.2</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>74.9</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>269.3</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>4.8%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">&nbsp;&nbsp;Mineral
Water</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>8.5</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>1.7</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.8</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>10.9</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>8.7</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>1.4</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.9</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>10.9</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">&nbsp;&nbsp;Juices</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>10.0</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>2.3</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.3</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>12.5</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>8.6</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>1.1</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.1</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>9.8</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>27.8%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">&nbsp;&nbsp;Beer</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>2.9</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>2.9</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>2.4</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>2.4</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>20.8%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial">&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NET
SALES</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>167,244</B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>189,634</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>87,833</B></P></TD>
<TD vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>442,230</B></P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>160,575</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>162,179</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>81,127</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>400,449</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>10.4%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;COST
OF SALES</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(94,971)</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(104,346)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(54,596)</P></TD>
<TD vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(251,430)</P></TD>
<TD style="BORDER-LEFT: #000000 1px solid" vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(91,070)</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(93,199)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(52,131)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(232,968)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>7.9%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>GROSS
PROFIT</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>72,273</B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>85,289</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>33,238</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>190,800</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>69,505</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>68,979</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>28,997</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>167,481</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>13.9%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Gross
Margin</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>43.2%</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>45.0%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>37.8%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>43.1%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>43.3%</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>42.5%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>35.7%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>41.8%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;SELLING
AND ADMINISTRATIVE EXPENSES</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(34,024)</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(54,884)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(24,075)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(112,983)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(33,034)</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(46,984)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(21,178)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(101,195)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>11.6%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;CORPORATE
EXPENSES</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(5,294)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(4,146)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>27.7%</P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>OPERATING
INCOME</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>38,249</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>30,405</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>9,163</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>72,522</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>36,471</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>21,995</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>7,819</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>62,140</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>16.7%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Operating
Margin</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>22.9%</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>16.0%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>10.4%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>16.4%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>22.7%</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>13.6%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>9.6%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>15.5%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>EBITDA
(1)</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>47,491</B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>38,026</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>14,189</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>94,412</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>46,792</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>29,670</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>13,347</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>85,663</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>10.2%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Ebitda
Margin</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>28.4%</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>20.1%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>16.2%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>21.3%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>29.1%</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>18.3%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>16.5%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>21.4%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NON
OPERATIONAL RESULTS</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;FINANCIAL
EXPENSE/INCOME (Net)</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>3,610</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(4,987)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>172.4%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;RESULTS
FROM AFFILIATED</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>276</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>330</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-16.5%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;AMORTIZATION
OF GOODWILL</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(4,672)</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(5,150)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-9.3%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;OTHER
INCOME/(EXPENSE)</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>587</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(1,016)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>157.8%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;PRICE
LEVEL RESTATEMENT (3)</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(6,989)</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>3,675</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-290.2%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NON-OPERATING
RESULTS</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>(7,188)</B></P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>(7,147)</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>0.6%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=top width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>INCOME
BEFORE INCOME TAXES; AMORTIZATION OF </B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NEGATIVE
GOODWILL AND MINORITY INTEREST</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>65,334</B></P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>54,993</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>18.8%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>INCOME
TAXES</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(15,704)</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(8,734)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>79.8%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>MINORITY
INTEREST</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(30)</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(39)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>AMORTIZATION
OF NEGATIVE GOODWILL</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NET
INCOME</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>49,601</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>46,219</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>7.3%</B></P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Net
Margin</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>11.2%</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>11.5%</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>WEIGHTED
AVERAGE SHARES OUTSTANDING</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>760.3</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>760.3</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>EARNINGS
PER SHARE</B></P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>65.2</B></P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>60.8</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>EARNINGS
PER ADS</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>391.4</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>364.8</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>7.3%</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">(1)
EBITDA: Operating Income + Depreciation</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=388 colSpan=3>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">(2)
Total may be different from the addition of the three countries because of
intercountry eliminations</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=441 colSpan=4>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">(3)
Includes: Monetary Correction + Conversion Effect to Balance Sheet +
Income Statement Accounts.</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR><BR></P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt" align=center>-59-</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=266></TD>
<TD width=61></TD>
<TD width=60></TD>
<TD width=52></TD>
<TD width=43></TD>
<TD width=52></TD>
<TD width=58></TD>
<TD width=52></TD>
<TD width=44></TD>
<TD width=39></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Embotelladora
Andina S.A.</B></P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=328 colSpan=2>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Nine
Months Results for the period ended September 30, Chilean GAAP</B></P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>(In
millions US$, except per share)</B></P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B>Exch. Rate &nbsp;:</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B>$ 511.23 </B></P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=218 colSpan=4>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>30-09-2007</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=207 colSpan=4>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>30-09-2006</I></B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B><I></I></B>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Chilean Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Brazilian Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Argentine Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Total (2)</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Chilean Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Brazilian Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Argentine Operations</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>Total (2)</I></B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B><I>% Ch.</I></B></P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>VOLUME
TOTAL BEVERAGES (Million UC)</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>104.7</B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>123.9</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>80.1</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>308.7</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>100.5</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>116.1</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>75.9</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>292.4</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>5.6%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">&nbsp;&nbsp;Soft
Drink</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>86.2</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>117.1</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>79.0</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>282.3</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>83.2</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>111.2</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>74.9</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>269.3</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>4.8%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">&nbsp;&nbsp;Mineral
Water</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>8.5</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>1.7</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.8</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>10.9</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>8.7</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>1.4</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.9</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>10.9</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">&nbsp;&nbsp;Juices</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>10.0</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>2.3</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.3</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>12.5</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>8.6</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>1.1</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.1</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>9.8</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>27.8%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">&nbsp;&nbsp;Beer</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>2.9</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>2.9</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>2.4</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>2.4</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>20.8%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial">&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NET
SALES</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>327.1</B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>370.9</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>171.8</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>865.0</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>314.1</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>317.2</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>158.7</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>783.3</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>10.4%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;COST
OF SALES</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(185.8)</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(204.1)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(106.8)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(491.8)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(178.1)</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(182.3)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(102.0)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(455.7)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>7.9%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>GROSS
PROFIT</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>141.4</B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>166.8</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>65.0</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>373.2</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>136.0</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>134.9</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>56.7</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>327.6</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>13.9%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Gross
Margin</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>43.2%</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>45.0%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>37.8%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>43.1%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>43.3%</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>42.5%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>35.7%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>41.8%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;SELLING
AND ADMINISTRATIVE EXPENSES</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(66.6)</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(107.4)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(47.1)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(221.0)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(64.6)</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(91.9)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(41.4)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(197.9)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>11.6%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;CORPORATE
EXPENSES</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(10.4)</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(8.1)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>27.7%</P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>OPERATING
INCOME</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>74.8</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>59.5</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>17.9</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>141.9</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>71.3</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>43.0</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>15.3</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>121.5</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>16.7%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Operating
Margin</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>22.9%</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>16.0%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>10.4%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>16.4%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>22.7%</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>13.6%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>9.6%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>15.5%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>EBITDA
(1)</B></P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>92.9</B></P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>74.4</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>27.8</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>184.7</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>91.5</B></P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>58.0</B></P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>26.1</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>167.6</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>10.2%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Ebitda
Margin</P></TD>
<TD vAlign=bottom width=61>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>28.4%</P></TD>
<TD vAlign=bottom width=60>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>20.1%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>16.2%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>21.3%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>29.1%</P></TD>
<TD vAlign=bottom width=58>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>18.3%</P></TD>
<TD vAlign=bottom width=52>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>16.5%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>21.4%</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NON
OPERATIONAL RESULTS</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;FINANCIAL
EXPENSE/INCOME (Net)</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>7.1</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(9.8)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>172.4%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;RESULTS
FROM AFFILIATED</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.5</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.6</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-16.5%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;AMORTIZATION
OF GOODWILL</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(9.1)</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(10.1)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-9.3%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;OTHER
INCOME/(EXPENSE)</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>1.1</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(2.0)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>157.8%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>&nbsp;&nbsp;PRICE
LEVEL RESTATEMENT (3)</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(13.7)</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>7.2</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-290.2%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NON-OPERATING
RESULTS</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>(14.1)</B></P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>(14.0)</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>0.6%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=top width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>INCOME
BEFORE INCOME TAXES; AMORTIZATION OF </B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NEGATIVE
GOODWILL AND MINORITY INTEREST</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>127.8</B></P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>107.6</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>18.8%</B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>INCOME
TAXES</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(30.7)</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(17.1)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>79.8%</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>MINORITY
INTEREST</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(0.1)</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(0.1)</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>AMORTIZATION
OF NEGATIVE GOODWILL</B></P></TD>
<TD vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.0</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>NA</P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>NET
INCOME</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>97.0</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>90.4</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>7.3%</B></P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Net
Margin</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>11.2%</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>11.5%</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>WEIGHTED
AVERAGE SHARES OUTSTANDING</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>760.3</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>760.3</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid"
vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>EARNINGS
PER SHARE</B></P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>0.13</B></P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>0.12</B></P></TD>
<TD style="BORDER-RIGHT: #000000 1px solid" vAlign=bottom width=39>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD></TR>
<TR>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>EARNINGS
PER ADS</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=61>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=60>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=center><B></B>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=43>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>0.77</B></P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=58>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=52>
<P style="FONT-SIZE: 6pt; MARGIN: 0px; FONT-FAMILY: Arial"
align=right><B></B>&nbsp;</P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=44>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>0.71</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=39>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>7.3%</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=266>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">(1)
: Operating Income + Depreciation</P></TD>
<TD vAlign=bottom width=61>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=60>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=388 colSpan=3>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">(2)
Total may be different from the addition of the three countries because of
intercountry eliminations</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=441 colSpan=4>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">(3)
Includes: Monetary Correction + Conversi&#243;n Effect to Balance Sheet +
Income Statement Accounts</P></TD>
<TD vAlign=bottom width=43>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=58>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=52>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=44>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=39>
<P>&nbsp;</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR><BR></P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt" align=center>-60-</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P><A name=RANGE!A1:I39></A>
<TABLE style="FONT-SIZE: 10pt" cellSpacing=0>
<TR style="FONT-SIZE: 0px">
<TD width=170></TD>
<TD width=53></TD>
<TD width=53></TD>
<TD width=36></TD>
<TD width=10></TD>
<TD width=263></TD>
<TD width=53></TD>
<TD width=53></TD>
<TD width=34></TD></TR>
<TR>
<TD vAlign=bottom width=729 colSpan=9>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B>Embotelladora Andina S.A.</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=36>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=729 colSpan=9>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B>Consolidated Balance Sheet</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=729 colSpan=9>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B>(In million of constant 09/30/07 Chilean
Pesos)</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=36>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>ASSETS</B></P></TD>
<TD
style="BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>09-30-2007</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>09-30-2006</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=36>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>%Ch</B></P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>LIABILITIES
&amp; SHAREHOLDERS' EQUITY</B></P></TD>
<TD
style="BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>09-30-2007</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>09-30-2006</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=34>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>%Ch</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=36>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Cash
+ Time deposits + market. Securit.</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>85,990</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>45,438</P></TD>
<TD vAlign=bottom width=36>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>89.2%</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Short
term bank liabilities</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>8,602</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>18,044</P></TD>
<TD vAlign=bottom width=34>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-52.3%</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Account
receivables (net)</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>45,240</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>49,655</P></TD>
<TD vAlign=bottom width=36>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-8.9%</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Current
portion of long term bank liabilities</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>210</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>488</P></TD>
<TD vAlign=bottom width=34>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-56.9%</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Inventories</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>24,091</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>21,869</P></TD>
<TD vAlign=bottom width=36>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>10.2%</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Current
portion of bonds payable</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>14,429</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>14,753</P></TD>
<TD vAlign=bottom width=34>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-2.2%</P></TD></TR>
<TR>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Other
current assets</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>44,986</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>22,452</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=36>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>100.4%</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Trade
accounts payable and notes payable</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>56,203</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>50,056</P></TD>
<TD vAlign=bottom width=34>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>12.3%</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Total
Current Assets</B></P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>200,307</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>139,413</B></P></TD>
<TD vAlign=bottom width=36>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>43.7%</B></P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Other
liabilities</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>30,782</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>27,246</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=34>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>13.0%</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=36>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Total
Current Liabilities</B></P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>110,225</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>110,587</B></P></TD>
<TD vAlign=bottom width=34>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>-0.3%</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Property,
plant and equipment</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>555,499</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>551,418</P></TD>
<TD vAlign=bottom width=36>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.7%</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Depreciation</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(398,988)</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>(400,363)</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=36>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-0.3%</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Long
term bank liabilities</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>763</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>503</P></TD>
<TD vAlign=bottom width=34>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>51.7%</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Total
Property, Plant, and Equipment</B></P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>156,511</B></P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>151,055</B></P></TD>
<TD vAlign=bottom width=36>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>3.6%</B></P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Bonds
payable</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>73,007</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>104,284</P></TD>
<TD vAlign=bottom width=34>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-30.0%</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=36>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Other
long term liabilities</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>39,764</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>40,774</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=34>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-2.5%</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Investment
in related companies</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>20,639</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>22,695</P></TD>
<TD vAlign=bottom width=36>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-9.1%</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Total
Long Term Liabilities</B></P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>113,534</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid" vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>145,561</B></P></TD>
<TD vAlign=bottom width=34>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>-22.0%</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Investment
in other companies</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>58</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>59</P></TD>
<TD vAlign=bottom width=36>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-2.2%</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Goodwill</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>60,187</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>73,403</P></TD>
<TD vAlign=bottom width=36>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-18.0%</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Minority
interest</B></P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>1,248</B></P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>1,239</B></P></TD>
<TD vAlign=bottom width=34>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>0.8%</B></P></TD></TR>
<TR>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Other
long term assets</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>40,134</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>133,117</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=36>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-69.9%</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Total
Other Assets</B></P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>121,018</B></P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>229,274</B></P></TD>
<TD vAlign=bottom width=36>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>-47.2%</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>Stockholders'
Equity</B></P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>252,829</B></P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>262,356</B></P></TD>
<TD vAlign=bottom width=34>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>-3.6%</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=36>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD
style="BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>TOTAL
ASSETS</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>477,836</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>519,743</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=36>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>-8.1%</B></P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD
style="BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>TOTAL
LIABILITIES &amp; SHAREHOLDERS' EQUITY</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>477,836</B></P></TD>
<TD style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>519,743</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=34>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>-8.1%</B></P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=36>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=36>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=694 colSpan=8>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B>Financial Highlights</B></P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=694 colSpan=8>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=center><B>(In million of constant 09/30/07 Chilean Pesos)</B></P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=36>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=36>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>ADDITIONS
TO FIXED ASSETS</B></P></TD>
<TD
style="BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>09-30-2007</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>09-30-2006</B></P></TD>
<TD vAlign=bottom width=36>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"><B>DEBT
RATIOS</B></P></TD>
<TD
style="BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>09-30-2007</B></P></TD>
<TD
style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>09-30-2006</B></P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=36>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Chile</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>25,648</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>11,271</P></TD>
<TD vAlign=bottom width=36>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Financial
Debt / Total Capitalization</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.28</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.34</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Brazil</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>10,665</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>10,497</P></TD>
<TD vAlign=bottom width=36>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Financial
Debt / EBITDA L12M</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>0.69</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>1.10</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=170>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Argentina</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>3,617</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>4,280</P></TD>
<TD vAlign=bottom width=36>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">EBITDA
L12M+Interest Income / Interest Expense &nbsp;L12M </P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>10.68</P></TD>
<TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right>8.14</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>39,930</B></P></TD>
<TD vAlign=bottom width=53>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial"
align=right><B>26,048</B></P></TD>
<TD vAlign=bottom width=36>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">L12M:
Last twelve months</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=170>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=36>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=10>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=263>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=587 colSpan=6>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">*
As September 30, 2007, the company's registered a positive net cash
position of US$ 73 million. Total debt amounted to US$ 191 million.</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR>
<TR>
<TD vAlign=bottom width=587 colSpan=6>
<P
style="FONT-SIZE: 6pt; MARGIN: 0px; LINE-HEIGHT: 8pt; FONT-FAMILY: Arial">Total
Cash amounted to US$ 264 million, which includes cash investments
accounted for under Other Current Assets as well as Long Term
Assets.</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=53>
<P>&nbsp;</P></TD>
<TD vAlign=bottom width=34>
<P>&nbsp;</P></TD></TR></TABLE>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="MARGIN: 0px"><BR><BR></P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt" align=center>-61-</P>
<P style="MARGIN: 0px"><BR></P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px" align=right><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; LINE-HEIGHT: 14pt"
align=center>SIGNATURES</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 96px; LINE-HEIGHT: 14pt">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, in the city of Santiago, Chile.</P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 96px; FONT-SIZE: 12pt; MARGIN-BOTTOM: -18px; LINE-HEIGHT: 14pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P
style="PADDING-LEFT: 96px; FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 234px; LINE-HEIGHT: 14pt"><B>EMBOTELLADORA
ANDINA S.A.</B></P>
<P style="MARGIN: 0px"><BR></P>
<P
style="PADDING-LEFT: 96px; FONT-SIZE: 12pt; MARGIN: 0px; LINE-HEIGHT: 14pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 96px; FONT-SIZE: 12pt; MARGIN-BOTTOM: -18px; LINE-HEIGHT: 14pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P
style="PADDING-LEFT: 96px; FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 234px; LINE-HEIGHT: 14pt">By:
<U>/s/ Osvaldo
Garay&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 96px; FONT-SIZE: 12pt; MARGIN-BOTTOM: -18px; LINE-HEIGHT: 14pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P
style="PADDING-LEFT: 96px; FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 234px; LINE-HEIGHT: 14pt">Name:
&nbsp;&nbsp;Osvaldo Garay</P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 96px; FONT-SIZE: 12pt; MARGIN-BOTTOM: -18px; LINE-HEIGHT: 14pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P
style="PADDING-LEFT: 96px; FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 234px; LINE-HEIGHT: 14pt">Title:
&nbsp;&nbsp;&nbsp;Chief Financial Officer </P>
<P style="MARGIN: 0px"><BR></P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">Santiago, April 8,
2008</P><A name=_PictureBullets></A>
<P style="MARGIN: 0px">&nbsp;</P>
<P style="MARGIN: 0px"><BR><BR></P>
<P style="MARGIN: 0px"><BR></P>
<P
style="MARGIN: 0px"><BR></P></DIV></BODY>
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