<SEC-DOCUMENT>0001292814-16-003668.txt : 20160301
<SEC-HEADER>0001292814-16-003668.hdr.sgml : 20160301
<ACCEPTANCE-DATETIME>20160229194253
ACCESSION NUMBER:		0001292814-16-003668
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		6
CONFORMED PERIOD OF REPORT:	20151231
FILED AS OF DATE:		20160301
DATE AS OF CHANGE:		20160229

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UNITED BREWERIES CO INC
		CENTRAL INDEX KEY:			0000888746
		STANDARD INDUSTRIAL CLASSIFICATION:	MALT BEVERAGES [2082]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14906
		FILM NUMBER:		161470538

	BUSINESS ADDRESS:	
		STREET 1:		AHUMADA 131
		CITY:			SANTIAGO CHILE
		STATE:			F3
		ZIP:			00000
		BUSINESS PHONE:		2125305000

	MAIL ADDRESS:	
		STREET 1:		VITACURA 2670 23RD FL
		CITY:			SANTIAGO COUNTRY CHILE
		STATE:			F3
		ZIP:			NA
</SEC-HEADER>
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<TYPE>6-K
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<FILENAME>ccufs2015_6k.htm
<DESCRIPTION>FORM 6-K
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<P style="TEXT-ALIGN: center"><B>UNITED STATES<BR></B><B>SECURITIES AND EXCHANGE COMMISSION<BR>WASHINGTON, D.C. 20549</B></P>

<P style="TEXT-ALIGN: center">FORM 6-K</P>

<P style="TEXT-ALIGN: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Report of Foreign Issuer <BR>Pursuant to Rule 13a-16 or 15d-16 of the <BR>Securities Exchange Act of 1934</P>

<P style="TEXT-ALIGN: center"><B><U>COMPANIA CERVECERIAS UNIDAS S.A.<BR></U></B>(Exact name of Registrant as specified in its charter)<BR><B><U>UNITED BREWERIES COMPANY, INC.<BR></U></B>(Translation of Registrant&#8217;s name into English)</P>

<P style="TEXT-ALIGN: center"><U>Republic of Chile <BR></U>(Jurisdiction of incorporation or organization)<BR><U>Vitacura 2670, 23</U><U><SUP>rd </SUP></U><U>floor, Santiago, Chile <BR></U>(Address of principal executive offices)<BR>&nbsp;_________________________________________</P>

<P style="TEXT-ALIGN: center">Securities registered or to be registered pursuant to section 12(b) of the Act.</P>

<P style="TEXT-ALIGN: justify">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</P>

<P style="TEXT-ALIGN: center">Form 20-F <U>X </U>Form 40-F ___</P>

<P style="TEXT-ALIGN: justify">Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</P>

<P style="TEXT-ALIGN: center">Yes ___ No <U>X</U></P>

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<TR>

   <TD width="8%"></TD>

   <TD width="72%"></TD>

   <TD width="18%"></TD></TR>

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   <TD colSpan=3 align=center><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">INDEX</FONT></B></TD></TR>

<TR>

   <TD colSpan=3><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=2 align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">CONSOLIDATED STATEMENT OF FINANCIAL POSITION</FONT></B></P></TD>

   <TD align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">4</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=2 align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">CONSOLIDATED STATEMENT OF FINANCIAL POSITION</FONT></B></P></TD>

   <TD align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">5</FONT></B></P></TD></TR>

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   <TD style="TEXT-INDENT: 0pt" colSpan=2 align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">CONSOLIDATED STATEMENT OF INCOME</FONT></B></P></TD>

   <TD align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">6</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=2 align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME</FONT></B></P></TD>

   <TD align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">7</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=2 align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">CONSOLIDATED STATEMENT OF CHANGES IN EQUITY</FONT></B></P></TD>

   <TD align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">8</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=2 align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">CONSOLIDATED STATEMENT OF CASH FLOW</FONT></B></P></TD>

   <TD align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">9</FONT></B></P></TD></TR>

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   <TD style="TEXT-INDENT: 0pt" colSpan=2 align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 1 GENERAL INFORMATION</FONT></B></P></TD>

   <TD align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">10</FONT></B></P></TD></TR>

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   <TD style="TEXT-INDENT: 0pt" colSpan=2 align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</FONT></B></P></TD>

   <TD align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">15</FONT></B></P></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.1</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Basis of preparation</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">15</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.2</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Basis of consolidation</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">16</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.3</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Financial information as per operating segments</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">17</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.4</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Foreign currency and unidad de fomento (Adjustment unit)</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">17</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.5</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Cash and cash equivalents</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">18</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.6</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Other finantial assets</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">18</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.7</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Financial instruments</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">19</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.8</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Financial asset impairment</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">21</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.9</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Inventories</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">21</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.10</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Biological current assets</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">21</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.11</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Other non-financial assets</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">21</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.12</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Property, plant and equipment</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">21</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.13</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Leases</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">22</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.14</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Investment property</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">23</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.15</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Intangible assets other than goodwill</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">23</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.16</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Goodwill</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">23</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.17</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Impairment of non-financial assets other than goodwill</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">24</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.18</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Assets of a disposal group held for sale</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">24</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.19</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Income taxes</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">24</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.20</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Employees benefits</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">25</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.21</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Provisions</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">25</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.22</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Revenue recognition</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">25</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.23</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Commercial agreements with distributors and supermarket chains</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">26</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.24</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Cost of sales of products</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">26</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.25</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Other expenses by function</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">26</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.26</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Distribution expenses</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">26</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.27</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Administration expenses</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">27</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.28</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Environment liabilities</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">27</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 19.559pt" align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">2.29</FONT></I></TD>

   <TD align=left><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">Reclassification to the Consolidated Financial Statements of previous years</FONT></I></TD>

   <TD align=right><I><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">27</FONT></I></TD></TR>

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   <TD colSpan=2 align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 3 ESTIMATES AND APPLICATION OF PROFESSIONAL JUDGMENT</FONT></B></P></TD>

   <TD align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">29</FONT></B></P></TD></TR>

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   <TD colSpan=2 align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 4 ACCOUNTING CHANGES</FONT></B></P></TD>

   <TD align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">29</FONT></B></P></TD></TR>

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   <TD colSpan=2 align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 5 RISK ADMINISTRATION</FONT></B></P></TD>

   <TD align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">30</FONT></B></P></TD></TR>

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   <TD colSpan=2 align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 6 FINANCIAL INSTRUMENTS</FONT></B></P></TD>

   <TD align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">36</FONT></B></P></TD></TR>

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   <TD colSpan=2 align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 7 FINANCIAL INFORMATION AS PER OPERATING SEGMENTS</FONT></B></P></TD>

   <TD align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">42</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD colSpan=2 align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 8 BUSINESS COMBINATIONS</FONT></B></P></TD>

   <TD align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">49</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD colSpan=2 align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 9 NET SALES</FONT></B></P></TD>

   <TD align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">49</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD colSpan=2 align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 10 NATURE OF COST AND EXPENSE</FONT></B></P></TD>

   <TD align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">50</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD colSpan=2 align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 11 FINANCIAL RESULTS</FONT></B></P></TD>

   <TD align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">50</FONT></B></P></TD></TR></TABLE>

<P style="TEXT-ALIGN: center; MARGIN: 6pt 0cm">&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

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<TR>

   <TD width="90%"></TD>

   <TD width="10%"></TD></TR>

<TR vAlign=bottom>

   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 12 OTHER INCOME BY FUNCTION</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">50</FONT></B></P></TD></TR>

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   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 13 OTHER GAINS (LOSSES)</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">51</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 14 CASH AND CASH EQUIVALENTS</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">51</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 15 ACCOUNTS RECEIVABLES &#8211; TRADE AND OTHER RECEIVABLES</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">52</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 16 ACCOUNTS AND TRANSACTIONS WITH RELATED COMPANIES</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">55</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 17 INVENTORIES</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">60</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 18 BIOLOGICAL CURRENT ASSETS</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">61</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 19 OTHER NON-FINANCIAL ASSETS</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">62</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 20 INVESTMENTS ACCOUNTED FOR BY THE EQUITY METHOD</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">62</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 21 INTANGIBLE ASSETS OTHER TAN GOODWILL</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">65</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 22 GOODWILL</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">67</FONT></B></P></TD></TR>

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   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 23 PROPERTY, PLANT AND EQUIPMENT</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">69</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 24 INVESTMENT PROPERTY</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">71</FONT></B></P></TD></TR>

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   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 25 ASSETS OF DISPOSAL GROUP HELD FOR SALE</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">72</FONT></B></P></TD></TR>

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   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 26 INCOME TAXES</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">73</FONT></B></P></TD></TR>

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   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 27 OTHER FINANCIAL LIABILITIES</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">76</FONT></B></P></TD></TR>

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   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 28 ACCOUNTS PAYABLE &#8211; TRADE AND OTHER PAYABLES</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">91</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 29 PROVISIONS</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">91</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 30 OTHER NON-FINANCIAL LIABILITIES</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">92</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 31 EMPLOYEE BENEFITS</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">92</FONT></B></P></TD></TR>

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   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 32 NON-CONTROLLING INTERESTS</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">95</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 33 COMMON SHAREHOLDERS&#8217; EQUITY</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">96</FONT></B></P></TD></TR>

<TR vAlign=bottom>

   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 34 EFFECTS OF CHANGES IN CURRENCY EXCHANGE RATE</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">100</FONT></B></P></TD></TR>

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   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 35 CONTINGENCIES AND COMMITMENTS</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">104</FONT></B></P></TD></TR>

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   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 36 ENVIRONMENT</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">107</FONT></B></P></TD></TR>

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   <TD width="90%" align=left>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">NOTE 37 SUBSEQUENT EVENTS</FONT></B></P></TD>

   <TD width="10%" align=right>

   <P style="MARGIN-BOTTOM: 4pt; MARGIN-TOP: 4pt"><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #003300">109</FONT></B></P></TD></TR></TABLE></DIV>

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<TR style="HEIGHT: 43.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 43.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="51%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ASSETS</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 43.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Notes</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 43.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 43.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014 (Restated) </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(*)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 43.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of January 1, 2014 (Restated) </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(*)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Current assets</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Cash and cash equivalent</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">14</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">192,554,239</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">214,774,876</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">408,853,267</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other financial assets</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">6</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">13,644,105</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">6,483,652</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">4,468,846</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other non-financial assets</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">19</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">17,654,373</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">18,558,445</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">21,495,398</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Accounts receivable-trade and other receivables</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">15</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">252,225,937</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">238,602,893</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">211,504,047</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Accounts receivable from related companies</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">16</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">4,788,930</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11,619,118</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">9,610,305</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Inventories</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">17</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">174,227,415</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">167,545,598</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">146,955,193</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Biological current assets</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">18</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">7,633,340</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">7,633,591</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">6,130,652</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Taxes receivables</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">26</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">15,264,220</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">19,413,414</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">9,139,406</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Total current assets different from assets of disposal group held for sale</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">677,992,559</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">684,631,587</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">818,157,114</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Assets of disposal group held for sale</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">25</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">6,319,316</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">758,760</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">339,901</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Total assets of disposal group held for sale</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,319,316</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">758,760</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">339,901</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Total current assets</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">684,311,875</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">685,390,347</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">818,497,015</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 2pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">&nbsp;</TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">&nbsp;</TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">&nbsp;</TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 2pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Non-current assets</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other financial assets</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">6</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">80,217</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">343,184</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">38,899</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other non-financial assets</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">19</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">27,067,454</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">5,828,897</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">15,281,111</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Accounts receivable from related companies</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">16</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">445,938</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">522,953</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">350,173</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Investments accounted by equity method</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">20</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">49,995,263</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">31,998,620</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">17,563,028</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Intangible assets other than goodwill</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">21</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">64,120,426</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">68,656,895</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">64,033,931</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Goodwill</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">22</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">83,300,573</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">86,779,903</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">81,872,847</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Property, plant and equipment (net)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">23</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">872,667,210</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">851,255,642</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">698,656,429</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Investment property</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">24</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">6,838,002</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">7,917,613</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">6,901,461</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Deferred tax assets</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">26</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">34,529,593</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">30,207,019</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">24,525,361</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Total non-current assets</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,139,044,676</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,083,510,726</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">909,223,240</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="61%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total Assets</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,823,356,551</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,768,901,073</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,727,720,255</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 2pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><FONT lang=ES-CL style="FONT-SIZE: 7pt; TEXT-TRANSFORM: uppercase; FONT-WEIGHT: normal" face=arial,sans-serif>(*) </FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="arial narrow,sans-serif">See </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif>Note 2,29 and 4</FONT></I></B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="arial narrow,sans-serif">.</FONT></P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center>&nbsp;</H1>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif>F-</FONT><FONT style="DISPLAY: none"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT></FONT><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif>4</FONT></FONT><FONT face=arial,sans-serif><FONT style="DISPLAY: none"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT></FONT><FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT></FONT>&nbsp;</P><FONT lang=PT-BR><BR clear=all></FONT>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The accompanying notes 1 to 37 are an integral part of these consolidated financial statements.</FONT></FONT></P>

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<TR style="HEIGHT: 26.15pt">

   <TD style="HEIGHT: 26.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="64%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT color=#003300><FONT lang=ES-CL style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; LETTER-SPACING: 0.25pt" color=#003300 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT color=#003300><FONT lang=EN-GB style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; LETTER-SPACING: 0.25pt" color=#003300 face=Arial,sans-serif>Consolidated Statement of Financial Position (Liabilities and Equity)</FONT></FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT color=#003300><FONT lang=EN-GB style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; LETTER-SPACING: 0.25pt" color=#003300 face=Arial,sans-serif>(Figures expressed in thousands of Chilean pesos)</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 26.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="35%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right>
   <IMG border=0 src="logo.gif">&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center>
<A href="#_INDICE"><B><FONT lang=ES-CL style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300 face="Times New Roman">&nbsp;</FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300 face="Times New Roman">CONSOLIDATED STATEMENT OF FINANCIAL POSITION</FONT></B></A></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

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<TR style="HEIGHT: 36pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">LIABILITIES AND EQUITY</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Notes</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014 (Restated) </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(*)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of January 1, 2014 (Restated) </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(*)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">LIABILITIES </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Current liabilities</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other financial liabilities</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">27</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">43,973,991</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">65,318,293</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">120,488,188</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Accounts payable-trade and other payables</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">28</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">227,736,803</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">203,782,805</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">183,508,115</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Accounts payable- to related companies</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">16</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11,624,218</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">10,282,312</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">7,286,064</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other short-term provisions</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">29</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">503,440</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">410,259</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">833,358</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Tax liabilities</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">26</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">12,198,024</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11,697,135</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">10,916,865</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Employee benefits provisions</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">31</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">21,712,059</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">17,943,771</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">20,217,733</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other non-financial liabilities</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">30</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">70,942,144</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">68,896,763</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">65,878,578</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Total current liabilities</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">388,690,679</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">378,331,338</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">409,128,901</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Non-current liabilities</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other financial liabilities</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">27</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">136,926,545</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">134,534,557</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">142,763,030</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Others accounts payable</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">28</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,645,098</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">369,506</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">841,870</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Accounts payable to related companies</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">16</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">377,020</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other long-term provisions</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">29</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,476,518</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">2,209,832</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">2,135,122</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Deferred tax liabilities</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">26</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">88,146,963</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">87,518,700</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">73,033,414</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Employee benefits provisions</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">31</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">18,948,603</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">17,437,222</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">15,196,620</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Total non-current liabilities</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">247,143,727</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">242,069,817</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">234,347,076</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total liabilities</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">635,834,406</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">620,401,155</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">643,475,977</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">&nbsp;</TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">&nbsp;</TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">&nbsp;</TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">&nbsp;</TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="87%" colSpan=4>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">EQUITY</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Equity attributable to equity holders of the parent</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">33</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Paid-in capital</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">562,693,346</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">562,693,346</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">562,693,346</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other reserves</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(103,226,416)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(75,050,544)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(65,881,809)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Retained earnings</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">598,349,442</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">537,945,375</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">491,864,319</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Subtotal equity attributable to equity holders of the parent</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,057,816,372</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,025,588,177</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">988,675,856</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Non-controlling interests</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">32</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">129,705,773</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">122,911,741</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">95,568,422</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="61%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total Shareholders' Equity</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,187,522,145</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,148,499,918</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,084,244,278</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="61%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total Liabilities and Shareholders' Equity</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,823,356,551</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,768,901,073</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,727,720,255</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 2pt" face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><FONT lang=ES-CL style="FONT-SIZE: 7pt" face=Arial,sans-serif>(*) </FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="arial narrow,sans-serif">See</FONT><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"> </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif>Note 2,29 and 4</FONT></I></B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">.</FONT></P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; MARGIN: 0cm 3.9pt 0pt 0cm" align=center>&nbsp;</H1>

<a name="_bclFooter5"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif>F-</FONT><FONT style="DISPLAY: none"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT></FONT><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif>5</FONT></FONT><FONT face=arial,sans-serif><FONT style="DISPLAY: none"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT></FONT><FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT></FONT>&nbsp;</P><FONT lang=PT-BR><BR clear=all></FONT>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The accompanying notes 1 to 37 are an integral part of these consolidated financial statements.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT></FONT>&nbsp;</P></DIV></DIV>

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<TR style="HEIGHT: 26.15pt">

   <TD style="HEIGHT: 26.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="64%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT color=#003300><FONT lang=ES-CL style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; LETTER-SPACING: 0.25pt" color=#003300 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT color=#003300><FONT lang=EN-GB style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; LETTER-SPACING: 0.25pt" color=#003300 face=Arial,sans-serif>Consolidated Statement of Income</FONT></FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT color=#003300><FONT lang=EN-GB style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; LETTER-SPACING: 0.25pt" color=#003300 face=Arial,sans-serif>(Figures expressed in thousands of Chilean pesos)</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 26.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="35%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right>
   <IMG border=0 src="logo.gif">&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; MARGIN: 0cm 3.9pt 0pt 0cm" align=center><B><FONT lang=EN-GB style="FONT-SIZE: 12pt" color=#003300 face=arial,sans-serif>CONSOLIDATED STATEMENT OF INCOME</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 10pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 10pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 36pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="50%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">CONSOLIDATED STATEMENT OF INCOME</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=3 width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face=Arial,sans-serif>Notes</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="40%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face=Arial,sans-serif>For the years ended December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face=Arial,sans-serif>2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face=Arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face=Arial,sans-serif>2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face=Arial,sans-serif>ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face=Arial,sans-serif>ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face=Arial,sans-serif>ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Net sales</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">9</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,498,371,715</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,297,966,299</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,197,226,510</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Cost of sales</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">10</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(685,075,251)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(604,536,815)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(536,696,634)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Gross margin</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">813,296,464</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">693,429,484</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">660,529,876</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other income by function</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">12</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">6,577,244</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">25,463,716</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">5,508,863</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Distribution costs</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">10</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(277,599,722)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(240,848,630)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(221,701,175)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Administrative expenses</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">10</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(128,135,799)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(110,014,716)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(93,289,698)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other expenses by function</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">10</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(209,201,189)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(188,109,562)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(162,782,032)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other gains (losses)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">13</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">8,512,000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">4,036,939</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">958,802</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Income from operational activities</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">213,448,998</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">183,957,231</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">189,224,636</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Financial Income</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">7,845,743</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">12,136,591</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">8,254,170</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Financial costs</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(23,101,329)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(22,957,482)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(24,084,226)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Equity and income of joint ventures and associated</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">20</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(5,228,135)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(898,607)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">308,762</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Foreign currency exchange differences</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">957,565</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(613,181)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(4,292,119)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Result as per adjustment units</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(3,282,736)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(4,159,131)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,801,765)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Income before taxes</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">190,640,106</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">167,465,421</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">167,609,458</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Income taxes</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">26</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(50,114,516)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(46,673,500)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(34,704,907)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Net income of year</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">140,525,590</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">120,791,921</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">132,904,551</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 6pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 6pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Net income attibutable to:</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Equity holders of the parent</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">120,808,135</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">106,238,450</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">123,036,008</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Non-controlling interests</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">32</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">19,717,455</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">14,553,471</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">9,868,543</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Net income of year</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">140,525,590</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">120,791,921</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">132,904,551</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Net income per share (Chilean pesos) from:</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Continuing operations</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">326.95</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">287.52</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">370.81</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Diluted earnings per share (Chilean pesos) from:</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Continuing operations</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">326.95</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">287.52</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">355.57</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; MARGIN: 0cm 3.9pt 0pt 0cm" align=center>&nbsp;</H1>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif>F-</FONT><FONT style="DISPLAY: none"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT></FONT><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif>6</FONT></FONT><FONT face=arial,sans-serif><FONT style="DISPLAY: none"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT></FONT><FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT></FONT>&nbsp;</P><FONT lang=PT-BR><BR clear=all></FONT>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The accompanying notes 1 to 37 are an integral part of these consolidated financial statements.</FONT></FONT></P>

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<TR style="HEIGHT: 26.15pt">

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT color=#003300><FONT lang=ES-CL style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; LETTER-SPACING: 0.25pt" color=#003300 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT color=#003300><FONT lang=EN-GB style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; LETTER-SPACING: 0.25pt" color=#003300 face=Arial,sans-serif>Consolidated Statement of Comprehensive Income</FONT></FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT color=#003300><FONT lang=EN-GB style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; LETTER-SPACING: 0.25pt" color=#003300 face=Arial,sans-serif>(Figures expressed in thousands of Chilean pesos)</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 26.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="35%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right>
   <IMG border=0 src="logo.gif">&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; MARGIN: 0cm 3.9pt 0pt 0cm" align=center><B><FONT lang=EN-GB style="FONT-SIZE: 12pt" color=#003300 face=arial,sans-serif>CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 10pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<TR style="HEIGHT: 36pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="50%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=3 width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Notes</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="40%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Net income of year</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">140,525,590</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">120,791,921</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">132,904,551</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other income and expenses charged or credited againts equity</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12pt">

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cash flow hedges (1)</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">33</FONT></P></TD>

   <TD style="HEIGHT: 12pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">80,693</FONT></P></TD>

   <TD style="HEIGHT: 12pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(155,258)</FONT></P></TD>

   <TD style="HEIGHT: 12pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">256,592</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Exchange differences of foreign subsidiaries (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">33</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(29,678,944)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(4,629,683)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(17,054,187)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Gains (losses) from defined plans </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">33</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(939,433)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,884,054)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(469,987)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Income tax related with cash flow hedge (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">33</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(17,563)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">39,470</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(51,304)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Income tax relating to defined benefit plans </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">33</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">314,541</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">501,689</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">105,151</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Total other comprehensive income and expense</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(30,240,706)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(6,127,836)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(17,213,735)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Comprehensive income and expense</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">110,284,884 </FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">114,664,085 </FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">115,690,816 </FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Comprehensive income originated by:</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Equity holders of the parent (2)</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">92,606,720 </FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">97,067,296 </FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">107,443,199 </FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Non-controlling interests</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">17,678,164</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">17,596,789</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">8,247,617</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Comprehensive income and expense</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">110,284,884 </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">114,664,085 </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">115,690,816 </FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 1pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt 21.3pt; TEXT-INDENT: -18pt" align=left><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>(1)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>These items will be reclassified to Consolidated Statement of Income when they are settled.</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt 21.3pt; TEXT-INDENT: -18pt" align=left><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>(2)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>Corresponds to the income for the year where no income or expenses have been recorded directly against shareholder&#180;s equity.</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt 21.3pt" align=left><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt 35.45pt" align=left><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>.</FONT></P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center>&nbsp;</H1>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif>F-</FONT><FONT style="DISPLAY: none"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT></FONT><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif>7</FONT></FONT><FONT face=arial,sans-serif><FONT style="DISPLAY: none"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT></FONT><FONT></FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The accompanying notes 1 to 37 are an integral part of these consolidated financial statements.</FONT></FONT></P>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT color=#003300><FONT lang=ES-CL style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; LETTER-SPACING: 0.25pt" color=#003300 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT color=#003300><FONT lang=EN-GB style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; LETTER-SPACING: 0.25pt" color=#003300 face=Arial,sans-serif>Consolidated Statement of Changes in Equity</FONT></FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT color=#003300><FONT lang=EN-GB style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; LETTER-SPACING: 0.25pt" color=#003300 face=Arial,sans-serif>(Figures expressed in thousands of Chilean pesos)</FONT></FONT><FONT></FONT></P></TD>

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<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-GB style="FONT-SIZE: 12pt" color=#003300 face=arial,sans-serif>CONSOLIDATED STATEMENT OF CHANGES IN EQUITY</FONT></B></H1>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">STATEMENT OF CHANGES IN EQUITY</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Paid in capital</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Other reserves</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Retained earnings</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Equity attributable to equity holders of the parent</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Non-controlling interests</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Total Shareholders' Equity</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Common Stock</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Shares premium</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Currency translation difference</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Hedge reserves </FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Actuarial gains and losses on defined benefit plans reserves </FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Other reserves</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 9pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Balanced as of January 1, 2013</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">215,540,419</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">15,479,173</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(44,675,962)</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(98,990)</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(3,371,276)</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">430,346,315</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">613,219,679</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">97,298,607</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">710,518,286</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">Changes</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

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   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Interim dividends (1)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(23,278,681)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(23,278,681)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(23,278,681)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Interim dividends according to policy (2)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(38,239,323)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(38,239,323)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(38,239,323)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Other increase (decrease) in Equity (5)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(4,961,354)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(4,961,354)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Effects business combination</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">3,138,195</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">3,138,195</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Other increase (decrease) in Equity (4)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">15,479,173</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(15,479,173)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Increase (decrease) through changes in ownership interests in subsidaries that do not result in loss of control (3)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">2,867,444</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">2,867,444</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(8,154,643)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(5,287,199)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Issuance Equity (4)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">331,673,754</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(5,010,216)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">326,663,538</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">326,663,538</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Comprehensive income and expense</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(15,408,235)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">164,099</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(348,673)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">123,036,008</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">107,443,199</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">8,247,617</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">115,690,816</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">Total changes in equity</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">347,152,927</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(15,479,173)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(15,408,235)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">164,099</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(348,673)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(2,142,772)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">61,518,004</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">375,456,177</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,730,185)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">373,725,992</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">AS OF DECEMBER 31, 2013</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">562,693,346</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">(60,084,197)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">65,109</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">(348,673)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">(5,514,048)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">491,864,319</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">988,675,856</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">95,568,422</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">1,084,244,278</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Balanced as of January 1, 2014</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">562,693,346</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(60,084,197)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">65,109</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(348,673)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(5,514,048)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">491,864,319</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">988,675,856</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">95,568,422</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,084,244,278</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">Changes</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Interim dividends (1)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(23,278,681)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(23,278,681)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(23,278,681)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Interim dividends according to policy (2)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(36,500,001)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(36,500,001)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(36,500,001)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Other increase (decrease) in Equity (3)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">2,419</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(378,712)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(376,293)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(8,594,222)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(8,970,515)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Effects business combination</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">18,340,752</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">18,340,752</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Comprehensive income and expense</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(7,698,661)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(108,479)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,364,014)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">106,238,450</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">97,067,296</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">17,596,789</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">114,664,085</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">Total changes in equity</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(7,698,661)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(108,479)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,364,014)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">2,419</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">46,081,056</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">36,912,321</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">27,343,319</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">64,255,640</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">AS OF DECEMBER 31, 2014</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">562,693,346</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">(67,782,858)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">(43,370)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">(1,712,687)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">(5,511,629)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">537,945,375</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">1,025,588,177</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">122,911,741</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">1,148,499,918</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Balanced as of January 1, 2015</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">562,693,346</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(67,782,858)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(43,370)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,712,687)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(5,511,629)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">537,945,375</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,025,588,177</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">122,911,741</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,148,499,918</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">Changes</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Interim dividends (1)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(24,387,190)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(24,387,190)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(24,387,190)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Interim dividends according to policy (2)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(36,016,878)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(36,016,878)</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(36,016,878)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Other increase (decrease) in Equity (5)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">25,543</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">25,543</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(10,884,132)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(10,858,589)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Comprehensive income and expense</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(27,652,528)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">40,844</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(589,731)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">120,808,135</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">92,606,720</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">17,678,164</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">110,284,884</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">Total changes in equity</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(27,652,528)</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">40,844</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(589,731)</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">25,543</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">60,404,067</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">32,228,195</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">6,794,032</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" face="arial narrow,sans-serif">39,022,227</FONT></B></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="21%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">AS OF DECEMBER 31, 2015 </FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">562,693,346</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">(95,435,386)</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">(2,526)</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">(2,302,418)</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">(5,486,086)</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">598,349,442</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">1,057,816,372</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">129,705,773</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">1,187,522,145</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt" align=left><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>(1)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>Related to declared dividends at December 31 of each year and paid during January of the following year, as agreed by the Board of Directors.</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt" align=left><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>(2)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>Corresponds to the differences between CCU&#8217;s policy to distribute a minimum dividend of at least 50% of the income (</FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 6pt" color=#339966 face=Arial,sans-serif>Note 33</FONT></I></B><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>) based on the local statutory reported to SVS and the interim dividends declared at December 31 of each year.</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt" align=left><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>(3)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>In 2013, the Company acquired additional interests in Vi&#241;a San Pedro Tarapac&#225; S.A. with a carrying value to ThCh$ 8,153,946 resulting in an increase to Other reserves of ThCh$ 2,526,520 </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 6pt" color=#339966 face=Arial,sans-serif>Note 1 (1)</FONT></I></B><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>.</FONT><FONT lang=EN-US style="FONT-SIZE: 4pt" face=Arial,sans-serif> </FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>Additionally, as a part of the balance of 2013 recorded ThCh$ 341,169 related to an increase in additional interest in Saenz Briones &amp; C&#237;a S.A.I.C. </FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt" align=left><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>(4)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>See </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 6pt" color=#339966 face=Arial,sans-serif>Note 33</FONT></I></B><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>, paid in capital.</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt" align=left><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>(5)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>Mainly related to dividends to Non-controlling interest.</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt 18pt" align=left><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif>F-</FONT><FONT style="DISPLAY: none"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT></FONT><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif>8</FONT></FONT><FONT face=arial,sans-serif><FONT style="DISPLAY: none"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT></FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Consolidated Statement of Cash Flow</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>(Figures expressed in thousands of Chilean pesos)</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

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<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt; LINE-HEIGHT: 150%" align=center><B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#003300 face=arial,sans-serif>CONSOLIDATED STATEMENT OF CASH FLOW</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<TR style="HEIGHT: 30pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="50%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">CONSOLIDATED STATEMENT OF CASH FLOW</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=3 width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Notes</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="40%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

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   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

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   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Net cash flows from (used in) operational activities</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Collection classes:</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Proceeds from goods sold and services rendered</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,770,338,769</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,584,494,230</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,464,286,085</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other proceeds from operating activities</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">20,467,143</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">30,247,374</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">19,057,966</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Types of payments:</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Payments of operating activities</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,120,571,275)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,051,616,618)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(950,888,252)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Payments of salaries</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(178,915,580)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(171,898,347)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(145,277,349)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other payments for operating activities</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(220,365,087)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(162,644,788)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(154,495,134)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Dividends received</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">45,492</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">75,169</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">95,463</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Interest paid</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(19,813,502)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(20,757,207)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(21,112,371)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Interest received</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,476,628</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,763,936</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,244,764</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Income tax reimbursed (paid)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(44,584,176)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(44,208,661)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(26,390,153)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other cash movements</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,432,460</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(833,425)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">634,480</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Net cash flows from (used in) operational activities</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">219,510,872</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">173,621,663</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">194,155,499</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.25pt">

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 1pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Cash flows from (used in) investing activities</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cash flows used for control of subsidaries or other businesses </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">14</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(8,369)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(14,566,278)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cash flows used in the purchase of non-controlling interests</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">14</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,921,245)</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(13,776,885)</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Proceeds from payments of Associates</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">6,709,845</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other payments to acquire interests in joint ventures</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">14</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(42,163,032)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,445,478)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Proceeds from sale of property, plan and equipment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,776,474</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,587,448</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,740,687</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Acquisition of property, plant and equipment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(129,668,910)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(227,863,039)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(122,451,045)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Purchases of intangibles assets</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2,062,012)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2,217,113)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2,107,984)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other cash movements</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">518,711</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,753,297</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">466,710</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Net cash flows from (used in) investing activities</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(165,810,169)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(238,970,139)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(136,917,910)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.25pt">

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 1pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Cash flows from (used in) financing activities</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Payments for changes in ownership interests in subsidaries</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">14</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(5,627,425)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Proceeds from long-term loans</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">19,570,689</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">15,482,763</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,852,892</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Porceeds from short-term loans</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">23,358,700</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">21,882,842</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,040,310</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Total amount from loans</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">42,929,389</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">37,365,605</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">22,893,202</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Loan payments</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(54,797,023)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(20,766,024)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(22,343,703)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Proceeds from issuing shares</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">326,663,538</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Payments of finance lease liabilities</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,697,649)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,745,210)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,641,370)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Payments of loan from related entities</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(601,494)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(223,225)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,479,201)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Dividends paid</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(66,147,145)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(65,315,914)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(63,680,979)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other cash movements</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2,525,569)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(81,470,807)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(3,162,277)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Net cash flows from (used in) financing activities</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(82,839,491)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(132,155,575)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">251,621,785</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.25pt">

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 1pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 22.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="60%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Net increase (decrease) in cash equivalents, before the effect of changes in exchange rate</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(29,138,788)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(197,504,051)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">308,859,374</FONT></B></P></TD></TR>

<TR style="HEIGHT: 22.5pt">

   <TD style="HEIGHT: 22.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Effects of changes in exchange rates on cash and cash equivalents</FONT></B></P></TD>

   <TD style="HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">6,918,151</FONT></B></P></TD>

   <TD style="HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">3,425,660</FONT></B></P></TD>

   <TD style="HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(2,343,382)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.25pt">

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 1pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Cash and cash equivalents, initial balance</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">214,774,876</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">408,853,267</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">102,337,275</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Cash and cash equivalents, final balance</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">14</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">192,554,239</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">214,774,876</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">408,853,267</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 10pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif>F-</FONT><FONT style="DISPLAY: none"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT></FONT><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif>9</FONT></FONT></P></DIV>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

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<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=ES-CL style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 1 </FONT></B><FONT lang=ES-CL style="FONT-SIZE: 12pt; TEXT-DECORATION: none; FONT-FAMILY: arial" color=#003300>General Information</FONT></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. (CCU, or the Company or the Parent Company) was incorporated in Chile as an open stock company, and it is registered in the Securities Record of the Superintendencia de Valores y Seguros de Chile (Local Superintendence of Equity Securities, SVS) under N&#186; 0007, consequently, the Company is subject to Regulation by the SVS. The Company&#8217;s shares are quoted in Chile on the Santiago Stock Exchange, Electronic Stock Exchange and Valpara&#237;so Stock Exchange. The Company is also registered with the United States of America Securities and Exchange Commission (SEC) and it quotes its American Depositary Shares (ADS) on the New York Stock Exchange (NYSE). There was an a</FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>mendment to the Deposit Agreement dated December 3, 2012, between the Company, JP Morgan Chase Bank, NA and all holders of ADRs. According to this Amendment, there was an ADS ratio change from 1 ADS to 5 common shares to a new ratio of 1 ADS to 2 common shares. There was no change to CCU's underlying ordinary shares. This action was effective on December 20, 2012. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>CCU is a diversified beverage company, with operations mainly in Chile, Argentina, Uruguay, Paraguay, Colombia and Bolivia. CCU is the largest Chilean brewery, the second largest brewery in Argentina, the second largest producer of soft drinks in Chile, the second-largest wine producer in Chile, the largest bottler of mineral water and nectar in Chile and one of the largest pisco producer in Chile. It also participates in the business of Home and Office Delivery (&#8220;HOD&#8221;), in a business of home delivery of purified water in bottles through the use of dispensers, and in the rum and candy in Chile. It participates in the industry of the ciders, spirits and wines in Argentina and also participates in the industry of mineral water and soft drinks and beer distribution in Uruguay, Paraguay, Colombia and Bolivia.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In Chile and abroad, CCU and its subsidiaries are the owners of a wide range of brands, under which market our products. In the domestic market, its portfolio of brands in the beer category consists among others of Cristal, Cristal Light, Cristal Cero, 0&#176;, Escudo, Kunstmann, Austral, Dolbeck, Royal Guard, Morenita, Dorada and Lemon Stones. It holds exclusive license to produce and market Heineken, Sol and Coors. In Chile, the Company is the exclusive distributor of Tecate and Blue Moon beer.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In Argentina, CCU produces beers in its plants located in the cities of Salta, Santa F&#233; and Luj&#225;n. Its main brands are Schneider, Imperial, Palermo, Santa F&#233;, Salta, C&#243;rdoba and are the holders of exclusive license for the production and marketing of Budweiser, Heineken, Amstel and Sol. CCU also imports Guiness and Kunstmann. Additionally, exports beer to different countries in the region mainly under the Schneider, Heineken and Budweiser brands. In Argentina, CCU is the exclusive distributor of the energy drink Red Bull. Besides, participates in the cider business, controlling of Saenz Briones. In these categories, its portfolio brands are Sidra Real and &#8220;1888&#8221;. Also participates in the spirits business, which is marketed under the brand El Abuelo, as well as import other liquors from Chile.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In Uruguay, the Company participates in the mineral waters and soft drinks business with Native and Nix brand, respectively. In addition, it sells beers imported under Heineken, Schneider and Kuntsmann brand and cider Sidra Real.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In Paraguay, the Company participates in the non-alcoholic beverages and beer business since December 2013. Its portfolio of non-alcoholic brands consists of Pulp, Watt's and La Fuente. These brands include own, licensed and imported. In the beer business, the Company imports Heineken, Coors Light, Coors 1873, Schneider, Paulaner and Kunstmann, brands.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In Colombia, CCU participates in the business of beers and malts since November 2014. Its portfolio of beers include licensed and imported Heineken, Amstel, Murphys and Buckler brands. Its has of exclusive license for the importation, distribution and production of Heineken. It holds exclusive license to produce and market Coors and Coors Light.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In Bolivia, the Company participates in the non-alcoholic and alcoholic business since May 2014. Its portfolio of non-alcoholic brands consist of Mendocina, Free cola, Sinalco, Cordillera and Real. These brands include own and licensed. The alcoholic brands consist of Real and Capital. It has of exclusive license for the importation and distribution of Heineken and the energy drink Monster.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Within the non-alcoholic, in Chile Operating segment, CCU has the Bilz, </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Pap, Kem, Kem Xtreme, Nobis, Cachantun, Cachantun M&#225;s, Mas Woman and Porvenir brands. Regarding the HOD category, CCU has the Manantial brand. The Company, directly or through its subsidiaries, has license agreements with Pepsi, 7up, Mirinda, Gatorade, Adrenaline Red, Sobe LifeWater, Lipton Ice Tea, Ocean Spray, Crush, Canada Dry Lim&#243;n Soda, Canada Dry Ginger Ale, Canada Dry Agua T&#243;nica, Nestl&#233; Pure Life, Perrier, &nbsp;Watt&#180;s and Frugo. In Chile, </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>CCU is the exclusive distributor of the energy drink Red Bull. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Besides, throught of joint operation also owns the Sprim and Fructus and the licencse Vivo and Caricia brands.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In the spirits, in Chile Operating segment, in the category of pisco, CCU owns the brand Mistral, Campanario, Horc&#243;n Quemado, &nbsp;Control C, Tres Erres, La Serena and Ruta cocktail, and their respective extensions. In rum category Company owns the </FONT>


<FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>brands Sierra Morena and their extensions and Cabo Viejo. The Company has the Fehrenberg brand and is exclusive distributor in Chile of Pernod Ricard&#8217;s products.</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In the <FONT style="FONT-SIZE: 9pt" face=Arial>W</FONT>ine&nbsp;Operating&nbsp;segment, through its subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. (&#8220;VSPT&#8221;), produces wines and sparkling, which are sold in the domestic and overseas markets exporting to more than 80 countries. </FONT><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif>Its main brands are Alta&#239;r, Sideral, &nbsp;Cabo de Hornos, Kankana del Elqui, Tierras Moradas, 1865, Castillo de Molina, &#201;pica, 35 Sur Reserva, 35 Sur, Urmeneta, GatoNegro, Gato, Manquehuito Pop Wine, San Pedro Exportaci&#243;n. The brands&#180;s portfolio of Vi&#241;a Tarapac&#225; includes: TaraPakay, Gran Reserva, Gran Tarapac&#225;, Le&#243;n de Tarapac&#225; and Tarapac&#225; Varietal. The brands&#180;s portfolio of Vi&#241;a Santa Helena includes: Parras Viejas, Vernus, Selecci&#243;n del Directorio, Siglo de Oro, Santa Helena Varietal, Alpaca, Gran Vino and Santa Helena. VSPT also participates in Chile and international market with vines Misiones de Rengo, Vi&#241;a Mar, Casa Rivas, Leyda and Finca La Celia and Tamari in Argentina.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The joint venture in Foods Compa&#241;&#237;a de Alimentos CCU S.A. ("Foods"), who participates in the business of snacks and food in Chile, sold Calaf and Natur brands to Empresas Carozzi S.A. Foods maintains its share of the brand Nutra Bien.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The detail of the described licenses appears below:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Main brands under license</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Licenses</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10 years renewables</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">T&#233; Lipton in Chile</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">March 2020</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Watt's (nectars, fruit-based drinks and other) rigid packaging, except carton (12)</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">indefinitely</FONT></P></TD></TR>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(1)&nbsp;&nbsp; After the initial termination date, license is automatically renewed under the same conditions (Rolling Contract), each year for a period of 10 years, unless notice of non-renewal is given.&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; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(2)&nbsp;&nbsp; Renewable for periods of two years, subject to the compliance of the contract conditions&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; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(3)&nbsp;&nbsp; If Renewal criteria have been satisfied, renewable through December, 2025, thereafter shall automatically renew every year for a new term of 5 years (Rolling Contract).&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; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(4)&nbsp;&nbsp; After the initial termination date, license is automatically renewed under the same conditions (Rolling Contract), each year for a period of 5 years, subject to the compliance of the contract conditions.&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; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(5)&nbsp;&nbsp; License renewable for one period of 5 years, subject to the compliance of the contract conditions.&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;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(6)&nbsp;&nbsp; License renewable for periods of 5 years, subject to the compliance of the contract conditions.&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; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(7)&nbsp;&nbsp; Renewable for an additional period equal to the duration of the Shareholders Agreement of Bebidas CCU-PepsiCo SpA., subject to the compliance of the contract conditions.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(8)&nbsp;&nbsp; License for 10 years, automatically renewable for periods of 5 years, unless notice of non-renewal.&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;&nbsp;&nbsp;&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(9)&nbsp;&nbsp; License for 10 years, automatically renewable on the same terms (Rolling Contract), each year for a period of 10 years, unless notice of non-renewal is given.&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; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(10) After the initial termination date, License is automatically renewable each year for a period of 5 years (Rolling Contract), unless notice of non-renewal is given.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(11) Indefinite contract, notice of termination 6 months in advance. The earliest possible effective date of termination is October 31, 2018.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(12) Indefinite contract, subject to the compliance of the contract conditions&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 6pt" face=Arial,sans-serif>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company&#8217;s address and main office is located in Santiago, Chile, at Avenida Vitacura N&#186; 2670, Las Condes district and its tax identification number (Rut) is 90,413,000-1.</FONT></P>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-11</FONT></P></DIV>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015 the Company had a total of &nbsp;8,100 employees according to the following detail:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Number of employes</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Parent company</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Consolidated</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Main Executives</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">86</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">400</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Professionals and techniciens</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">252</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,138</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Workers</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">27</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,562</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">365</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">8,100</FONT></B></P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. is under the control of Inversiones y Rentas S.A. (IRSA), which is the direct and indirect owner of 60% of the Company shares. IRSA is currently a joint venture between Qui&#241;enco S.A. and Heineken Chile Limitada, a company controlled by Heineken Americas B.V, each with a 50% equity participation.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The consolidated financial statements include the following direct and indirect significant subsidiaries where the percentage of participation represents the economic interests at the consolidated level:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Subsidiary</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Tax ID</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Country of origin</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Functional currency</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="42%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Share percentage direct and indirect</FONT></B></P></TD></TR>

<TR style="HEIGHT: 25.5pt">

   <TD style="HEIGHT: 25.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="29%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Direct</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Indirect</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cervecera CCU Chile Limitada</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">96,989,120-4</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.7500</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">0.2499</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9999</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9999</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Embotelladora Chilenas Unidas S.A. (4)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">99,501,760-1</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">97.7746</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">2.1592</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9338</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9433</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">C&#237;a. Cervecer&#237;as Unidas Argentina S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Argentine pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9923</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9923</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9923</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Vi&#241;a San Pedro Tarapac&#225; S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">91,041,000-8</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">64.6980</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">64.6980</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">64.6980</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Pisquera de Chile S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">99,586,280-8</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">46.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">34.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">80.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">80.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Transportes CCU Limitada</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">79,862,750-3</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">98.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">2.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CCU Investments Limited</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Islas Cayman</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9999</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">0.0001</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Inversiones INVEX DOS CCU Limitada</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,126,311-0</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.6451</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">0.3548</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9999</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9997</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CRECCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,041,227-9</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9602</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">0.0398</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">F&#225;brica de Envases Pl&#225;sticos S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">86,150,200-7</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">90.9100</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">9.0866</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9966</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9966</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Southern Breweries Establishment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Vaduz-Liechtenstein</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">50.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">49.9553</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9553</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9553</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Comercial CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">99,554,560-8</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">50.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">49.9866</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9866</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9866</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CCU Inversiones S.A. (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,593,550-4</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">98.8398</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1.1334</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9732</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9732</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Millahue S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">91,022,000-4</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9621</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9621</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9621</FONT></P></TD></TR>

<TR style="HEIGHT: 14.25pt">

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Aguas CCU-Nestl&#233; Chile S.A. (2)</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,007,212-5</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">50.0716</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">50.0716</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">50.0716</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CCU Inversiones II Limitada (3)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,349,531-0</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">80.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">19.9946</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9946</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9946</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Cervecera Kunstmann S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">96,981,310-6</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">50.0007</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">50.0007</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">50.0007</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Inversiones INVEX TRES Limitada</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,248,389-0</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">0.9884</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9884</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9884</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Milotur S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uruguayan pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Coralina S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uruguayan pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Marzurel S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uruguayan pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bebidas del Paraguay S.A. (3)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Paraguay</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Paraguayan guarani</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">50.0050</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">50.0050</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">50.0050</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Distribuidora del Paraguay S.A. (3)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Paraguay</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Paraguayan guarani</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">49.9590</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">49.9590</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">49.9590</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bebidas Ecusa SpA. (4)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,517,798-7</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9338</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9338</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="23%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-12</FONT></P></DIV>

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<TR style="HEIGHT: 45.35pt">

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="61%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0pt 0pt 0cm" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>In addition to the table presented above, below are the percentages of participation with voting rights, in each of the subsidiaries as of December 31, 2015 and 2014, respectively. Each shareholder has one vote per share which he owns or represents. The percentage of participation with voting rights represents the sum of the direct participation and indirect participation via subsidiary.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="32%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Subsidiary</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=3 width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Tax ID</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=3 width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Country of origin</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=3 width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Functional currency</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="26%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Share percentage with voting rights</FONT></B></P></TD></TR>

<TR style="HEIGHT: 25.5pt">

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">%</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">%</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cervecera CCU Chile Limitada</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">96,989,120-4</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Embotelladora Chilenas Unidas S.A. (4)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">99,501,760-1</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9338</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9444</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">C&#237;a. Cervecer&#237;as Unidas Argentina S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Argentine pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Vi&#241;a San Pedro Tarapac&#225; S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">91,041,000-8</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">64.6980</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">64.6980</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Pisquera de Chile S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">99,586,280-8</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">80.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">80.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Transportes CCU Limitada</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">79,862,750-3</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CCU Investments Limited</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Islas Cayman</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Inversiones INVEX DOS CCU Limitada</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,126,311-0</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CRECCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,041,227-9</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">F&#225;brica de Envases Pl&#225;sticos S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">86,150,200-7</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Southern Breweries Establishment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Vaduz-Liechtenstein</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Comercial CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">99,554,560-8</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CCU Inversiones S.A. (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,593,550-4</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9737</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9737</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Millahue S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">91,022,000-4</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9621</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9621</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Aguas CCU-Nestl&#233; Chile S.A. (2)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,007,212-5</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">50.1000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">50.1000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CCU Inversiones II Limitada (3)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,349,531-0</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Cervecera Kunstmann S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">96,981,310-6</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">50.0007</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">50.0007</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Inversiones INVEX TRES Limitada</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,248,389-0</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Milotur S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uruguayan pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Coralina S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uruguayan pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Marzurel S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uruguayan pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100.0000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bebidas del Paraguay S.A. (3)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Paraguay</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Paraguayan guarani</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">50.0050</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">50.0050</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Distribuidora del Paraguay S.A. (3)</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Paraguay</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Paraguayan guarani</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">49.9590</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">49.9590</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bebidas Ecusa SpA. (4)</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,517,798-7</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">99.9338</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The main movements in the ownership of the subsidiaries included in these consolidated financial statements are the following:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>(1)&nbsp;&nbsp;CCU Inversiones S.A.</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>I</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>n September and November, 2012, the Company, through its subsidiary CCU Inversiones S.A., acquired an additional 10.4430% interest in Vi&#241;a San Pedro Tarapac&#225; S.A. for ThCh$ 12,521,899 increasing its ownership interest to 60.4488%. Subsequently, during 2013, acquired an additional 4.2664% interest for ThCh$ 5,627,425 increasing its ownership interest to 64.7153%. As the Company has control of this subsidiary, the difference of ThCH$ 7,254,957 and ThCh$ 2,527,217 generated between purchase price and the equity method value was recorded under the item Other reserves in Equity in 2012 and 2013, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>(2) Aguas CCU-Nestl&#233; S.A.</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif><FONT style="FONT-SIZE: 9pt" face=Arial>O</FONT></FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>n December 24, 2012, the Company, through the subsidiary Aguas CCU-Nestl&#233; S.A., acquired 51.01% of shares of Manantial S.A. for ThCh$ 9,416,524. Manantial S.A. is </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>a Chilean company that specializes in purified water in bottles </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>for</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif> home and office, use through dispensers referred to internationally as HOD (Home and Office Delivery). Subsequently, on June 7, 2013, the Company paid the outstanding balance of ThCh$ 1,781,909.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-13</FONT></P></DIV>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0pt 0pt 0cm" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>(3) CCU Inversiones II Limitada</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>As explained in </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 20</FONT></I></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>, the Company participates of 50% of shares of Central Cervecera de Colombia S.A.S. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>As explained in </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 8</FONT></I></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>, during</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif> December 2013, the Company acquired 50.005% and 49.959% of the stock of Bebidas del Paraguay S.A. and Distribuidora del Paraguay S.A., respectively. This transaction allows the Company, participates in the beer distribution business, and production and marketing of non-alcoholic drinks, waters and nectars. The total amount of this transaction was ThCh$ 11,254,656. Subsequently, on June 9, 2015, the Company paid a committed capital of ThCh$ 7,414,290.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>(4) Embotelladoras Chilenas Unidas S.A.</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 11pt; TEXT-DECORATION: none; FONT-WEIGHT: normal" color=#003300 face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On November 16, 2015, </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>formed a new company called</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif> Bebidas ECUSA SpA., </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>where the subsidiary Embotelladoras Chilenas Unidas S.A. has the 99.9338% of participation. The purpose of this company </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>is the distribution, transport, import, export and marketing in general, on all types of soft drinks.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Below we briefly describe the companies that qualify as joint operations:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-GB style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>(a) </FONT></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face="Times New Roman">Promarca S.A.</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Promarca S.A. is a closed stock company with its main activity being the acquisition, development and administration of trademarks and their corresponding licenses to their operators.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif><FONT style="FONT-SIZE: 9pt" face=Arial>On</FONT>&nbsp;</FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, Promarca S.A. recorded a profit of ThCh$ 4,708,318 (ThCh$ 4,646,620 in 2014 and ThCh$ 4,540,335 in 2013), which in accordance with the Company&#180;s policies is 100% distributable.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>(b) Compa&#241;&#237;a Pisquera Bauz&#225; S.A.</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>On December 2, 2011, the subsidiary Compa&#241;&#237;a Pisquera de Chile S.A. (CPCh) signed a license agreement for the commercialization and distribution of the pisco brand Bauz&#225; in Chile. In addition, this transaction included the acquisition by CPCh of 49% of Compa&#241;&#237;a Pisquera Bauz&#225; S.A. (CPB), owner of the brand Bauz&#225; in Chile. The family Bauz&#225; owns 51% of that company and all of its productive assets, thereby continuing the link to the production of pisco Bauz&#225; maintaining its quality, origin and premium character. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif><FONT style="FONT-SIZE: 9pt" face=Arial>On</FONT>&nbsp;December 31, 2015, CPB recorded a profit of ThCh$ 82,663 (ThCh$ 109,207 in 2014 and ThCh$ 133,635 in 2013), which in accordance with the Company&#180;s policies is 100% distributable.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>At the end of December 31, 2015 this joint operation was classified to Assets of disposal group held for sale (see </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 25</FONT></I></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>(c) Bebidas CCU-Pepsico SpA</FONT></I></B><B><I><FONT lang=ES style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>.</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>On October 23, 2013, a new company called Bebidas CCU-PepsiCo SpA (BCP) was incorporated, which is defined as an joint operation, where the subsidiary Embotelladoras Chilenas Unidas S.A. has the 50% of participation. The capital of this entity amounts to ThCh$ 1,000. The purpose of this company is the manufacture, production, processing, transformation, transport, import, export, purchase, sale and in general comercialization of all type of concentrates. Its operations commenced <FONT style="FONT-SIZE: 9pt" face=Arial>on </FONT>January 1, 2014.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif><FONT style="FONT-SIZE: 9pt" face=Arial>On</FONT>&nbsp;December 31, 2015, BCP recorded a profit of ThCh$ 802,418 (ThCh$ 789,648 in 2014), which in accordance with the Company&#180;s policies is 100% distributable.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>(d) Bebidas Carozzi CCU SpA</FONT></I></B><B><I><FONT lang=ES style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>.</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>On November 26, 2015, the Company, through its subsidiary ECCUSA, entered into a joint arrangement that qualifies as a joint operation, in the company called Bebidas Carozzi CCU SpA. (BCCCU). CCU and Empresas Carozzi S.A. participate as only shareholders in equal parts. The purpose of this company is the production, marketing and distribution of instant beverage powder in the national territory. The total disbursement by ECCUSA in this transaction was an amount of ThCh$ 21<FONT style="FONT-SIZE: 9pt" face=Arial>,</FONT>846,500 (see </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 19</FONT></I></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>). Its operations commenced on December 1, 2015.</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif><FONT style="FONT-SIZE: 9pt" face=Arial>On</FONT>&nbsp;December 31, 2015, BCCCU recorded a profit of ThCh$ 402,228, which in accordance with the Company&#180;s policies is 100% distributable.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The companies mentioned above (letter a) to d)) meet the conditions stipulated in IFRS 11 to be considered "joint operations", as the primary assets in both entities are trademarks, the contractual arrangements establishes that the parties to the joint arrangement share all interests in the assets relating to the arrangement in a specified proportion and their income is 100% royalty charged to the joint operators from the sale of products using these trademarks.</FONT></P>

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<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 2&nbsp;</FONT></B> <B><FONT lang=ES-CL style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300 face="Times New Roman">&nbsp;</FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300 face=Arial>Summary of significant accounting policies</FONT></B></H1>

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<A href="#_INDICE"><B><FONT lang=EN-GB style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=#003300 face="Times New Roman"></FONT></B></A>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Significant accounting policies adopted for the preparation of these consolidated financial statements are described below: </FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.1</FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Basis of preparation</FONT></I></B></H3>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The accompanying consolidated financial statements have been prepared in accordance with the International Financial Reporting Standards (IFRS), issued by the International Accounting Standard Board (IASB), which have been applied uniformly to the periods presented.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The consolidated financial statements cover the following periods: Statement of Financial Position as of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, 2014 and January 1, 2014, Statement of changes in Equity, Statement of Income, Statement of Comprehensive Income and Statement of Cash Flow for the years ended December 31, 2015, 2014 and 2013.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The amounts shown in the attached financial statements are expressed in thousands of Chilean pesos, which is the Company&#8217;s functional currency. All amounts have been rounded to thousand pesos, except when otherwise indicated.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The consolidated financial statements have been prepared on the historical basis, as modified by the subsequent valuation of financial assets and financial liabilities (including derivative instruments) at fair value through profit and loss.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The preparation of the consolidated financial statements in accordance with IFRS requires the use of certain critical accounting estimates. It also requires that management uses its professional judgment in the process of applying the Company&#8217;s accounting policies. See </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 3</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif> for disclosure of significant accounting estimates and judgments.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>At the date of issuance of these consolidated financial statements the following Amendments, Improvements and Interpretations to existing IFRS standards have been published. These standard are required to be applied as following:</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">IAS 19 Improvement</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Discount rate: regional market issue</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">January 1, 2016</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">IAS 34 Improvement</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Disclosure of information elsewhere in the interim financial report</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">January 1, 2016</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Amendment IFRS 10 , IFRS 12 and IAS 28</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Investment Entities: Applying the Consolidated Exception</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">January 1, 2016</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Amendment IAS 1</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Disclosure initiative</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">January 1, 2016</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Amendment IAS 12</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Recognition of deferred tax assets for unrealized losses</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">January 1, 2017</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">IFRS 9</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">IAS 39 replacement</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">January 1, 2018</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">IFRS 15</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Revenue from contracts with customers</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">January 1, 2018</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">IFRS 16</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Leases</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">January 1, 2019</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 2pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>(1)&nbsp; As explained in </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif>Note 4</FONT></I></B><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>, the Company has early adopted the amendment IAS 16 and IAS 41.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company estimates that the adoption of these Standards, Amendments and Interpretations as described above will not have a material impact on the consolidated financial statements upon initial application, except for the IFRS 15, IFRS 16 and the Amendment of IAS 12, because the Company is in the process of analysis of the possible impact.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.2</FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Basis of consolidation</FONT></I></B></H3>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Subsidiaries</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Subsidiaries are the entities over which the Company is empowered to direct financial and operational policies, which is generally the result of ownership of over half the voting rights. Subsidiaries are consolidated as from the date on which control was obtained by the Company, and they are excluded from consolidation as of the date the Company loses such control.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The acquisition method is used for the accounting of acquisition of subsidiaries. The acquisition cost is the fair value of the assets delivered, of the equity instruments issued and of the liabilities incurred or assumed as of the exchange date. The identifiable assets acquired, as well as the identifiable liabilities and contingencies assumed in a business combination are initially valued at their fair value on the acquisition date, independently from the scope of minority interests. </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Goodwill is initially measured as the excess of the aggregate of the consideration transferred and the fair value of non-controlling interest over the net identifiable assets acquired and liabilities assumed. If this consideration is lower than the fair value of the net assets of the subsidiary acquired, the difference is recognized as income.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Joint operations</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As explained in </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 1</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, in those joint arrangements that qualify as joint operations, the Company recognises the</FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif> assets, liabilities, gains (losses) from operational activities respect of its interest in the joint operations in accordance with IFRS 11. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Intercompany transaction </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Intercompany transactions, balances and unrealized gains from transactions between the Group&#8217;s entities are eliminated during consolidation. Unrealized losses are also eliminated, unless the transaction provides evidence of an impairment of the asset transferred. Whenever necessary, the subsidiaries accounting policies are amended to ensure uniformity with the policies adopted by the Company.</FONT></P>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-16</FONT></P></DIV>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Non-controlling Interest</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The non-controlling interest is presented in the Equity section of the Statement of Financial Position. The net income attributable to equity holder of the parent and the non-controlling interest are each disclosed separately in the Consolidated Statement of Income after net income. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Investments accounted&nbsp;<FONT style="FONT-SIZE: 9pt" face=Arial>by</FONT> the equity method</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Joint ventures and associates</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company maintains investments in joint arrangements that qualify as joint ventures, which correspond to a contractual agreement by which two or more parties carry out an economic activity that is subject to joint control, and normally involves the establishment of a separate entity in which each party has a share based on a shareholders&#8217; agreement. In addition the Company maintains investments in associates which are defined as those entities that investor has significant influence and is not a subsidiary or is a joint venture.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company accounts for its participation in joint arrangement that qualify as joint ventures and associates using the equity method. The financial statements of the joint ventures are prepared for the same year, under accounting policies consistent with those of the Company. Adjustments are made to conform any difference in accounting policies that may exist to the Company&#180;s accounting policies.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Whenever the Company contributes or sells assets to the companies under joint control or associate, any part of the income or loss originated by the transaction is recognized based on how the asset is realized. Whenever the Company purchases assets of such companies, it does not recognize its share in the income or loss of the joint venture as regards to such transaction until the asset is sold or realized by the joint venture. </FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.3</FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Financial information as per operating segments</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company has defined three operating segments which are essentially defined with respect to its revenues in the geographic areas of commercial activity: 1.- Chile, 2.- International business and 3.- Wine. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>These operating segments mentioned are consistent with the way the Company is managed and how results will be reported by CCU. These segments reflect separate operating results which are regularly reviewed by each segment chief operating decision maker in order to make decisions about the resources to be allocated to the segment and assess its performance</FONT><B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif> </FONT></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt; TEXT-DECORATION: none" color=#339966 face=Arial,sans-serif>(See Note 7)</FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>.</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The segments performance is measured according to several indicators, of which OR (Operating Result), ORBDA (Operating Result Before Depreciation and Amortization), ORBDA margin (ORBDA&#8217;s % of total revenues for the operating segment), the volumes and Net sales. Sales between segments are conducted using terms and conditions at current market rates.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company defined the Operating Result as the Incomes (losses) before Other gains (losses), Net financial cost, Equity&nbsp; and income from joint ventures and associates, Foreign currency exchange differences, Results as per adjustment units and Income tax, and the ROADA, for the Company purposes, is defined as Operating Result before Depreciation and Amortization.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Corporate revenues and expenses are presented separately within the Other segment.</FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.4</FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Foreign currency and unidad de fomento (Adjustment unit)</FONT></I></B></H3>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Presentation and functional currency</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company uses the Chilean peso ($ or CLP) as its functional currency and for the presentation of its financial statements. The functional currency has been determined considering the economic environment in which the Company carries out its operations and the currency in which the main cash flows are generated. The functional currency of the Argentine, Uruguayan and Paraguayan subsidiaries is the Argentine peso, Uruguayan peso and Paraguayan guarani, respectively.&nbsp;<FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;The functional currency of the joint venture an associates in Colombia and Bolivia are Colombian peso and Boliviano, respectively.</FONT></FONT></P>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-17</FONT></P></DIV>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Transactions and balances</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Transactions in foreign currencies and adjustment units (&#8220;Unidad de Fomento&#8221; or &#8220;UF&#8221;) are initially recorded at the exchange rate of the corresponding currency or adjustment unit as of the date on which the transaction occurs. The Unidad de Fomento (UF) is a Chilean inflation-indexed peso-denominated monetary unit. The UF rate is set daily in advance based on changes in the previous month&#8217;s inflation rate. At the close of each Consolidated Statement of Financial Position, the monetary assets and liabilities denominated in foreign currencies and adjustment units are translated into Chilean pesos at the exchange rate of the corresponding currency or adjustment unit. The exchange difference arising, both from the liquidation of foreign currency transactions, as well as from the valuation of foreign currency monetary assets and liabilities, is included in statement of income, in Foreign currency exchange differences, while the difference arising from the changes in adjustment units are recorded in the statement of income as Result as per adjustment units.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>For consolidation purposes, the assets and liabilities of the subsidiaries whose functional currency is different from the Chilean peso are translated into Chilean pesos by using the exchange rates valid as of the date of the consolidated financial statements, and the exchange differences originated by the translation of the assets and liabilities are recorded in Equity Reserve, under the Currency Translation Reserves item. The income and expense are translated at the monthly average exchange rate for the corresponding terms as differences since there have not been significant fluctuations in the exchange rates during each month.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The exchange rates of the primary foreign currencies and adjustment units used in the preparation of the consolidated financial statements as of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015, 2014 and 2013 </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>are as follows:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Chilan Pesos as per unit of foreign currency or adjustable unit</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2013</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Ch$</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Ch$</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Ch$</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Foreign currencies</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">US Dollar</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

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   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">710.16</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">606.75</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">524.61</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Euro</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">EUR</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">774.61</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">738.05</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">724.30</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Argentine Peso</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">ARG</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">54.46</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">70.96</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">80.45</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uruguayan Peso</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">23.71</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">24.90</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">24.49</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Sterling Pound</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">GBP</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,053.02</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">944.21</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">866.41</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Paraguayan guarani</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">0.12</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">0.13</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">0.11</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bolivians</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">BS</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">103.67</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">88.45</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">76.47</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Colombian peso</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">COP</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">0.22</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">0.25</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">0.27</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Adjustment Units</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Unidad de fomento*</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">25,629.09</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">24,627.10</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">23,309.56</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>* The Unidad de Fomento (UF) is a Chilean inflation-indexed, peso-denominated monetary unit. The UF rate is set daily in advance based on changes in the previous month&#180;s inflation rate. </FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.5</FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Cash and cash equivalents</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=arial,sans-serif>Cash and cash equivalents includes cash available, bank balances, time deposits at financial entities, investments in mutual funds and financial instruments acquired under re-sale agreements, as well as short-term investments with a high liquidity, normally with an original maturity of up to three months. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT>&nbsp;</P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.6</FONT></I></B><B><I><FONT lang=EN-US style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=EN-US style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Other finantial assets</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=arial,sans-serif>Other financial assets include market securities, derivatives contracts and time deposits at financial entities with a maturity over 90 days.</FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt">&nbsp;</H3>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-18</FONT></P></DIV>

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<TR style="HEIGHT: 45.35pt">

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="61%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0pt 0pt 0cm" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.7</FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Financial instruments</FONT></I></B></H3>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Financial assets</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company recognizes a financial asset in its Consolidated Statement of Financial Position according to the following: </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of the date of the initial recognition, Management classifies its financial assets (i) at fair value through profit and loss and (ii) collectible credits and accounts, depending on the purpose for which the financial assets were acquired. For those instruments not classified at fair value through income, any cost attributable to the transaction is recognized as part of the asset value.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The fair value of the instruments that are actively quoted in formal markets is determined by the quoted price as of the financial statement closing date. For those investments without an active market, the fair value is determined using valuation technique including (i) the use of recent market transactions, (ii) references to the current market value of another financial instrument of similar characteristics, (iii) discounted cash flow and (iv) other valuation models.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>After the initial recognition the Company values the financial assets as described below:</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Accounts receivable</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Trade receivable credits or accounts are recognized according to their invoice value.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Estimated losses from bad debts are determined by applying differentiated percentages, taking into account maturity factors, until reaching 100% of the balance in most of the debts older than 180 days, with the exception of those cases that in accordance with current policies, losses are estimated due to partial deterioration based on a case by case analysis.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Current trade receivable credits and accounts are initially recognized at their nominal value and are not discounted because they do not differ significantly from their fair value. The Company has determined that the calculation of the amortized cost is not materially different from the invoiced amount because the transactions do not have significant associated costs.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Financial liabilities</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company recognizes a financial liability in its Consolidated Statement of Financial Position according to the following:</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Debts and financial liabilities that accrue interests</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Loans and financial obligations accruing interest are initially recognized at the fair value of the resources obtained, less costs incurred directly attributable to the transaction. After initial recognition, loans and obligations accruing interest are measured at their amortized cost. The difference between the net amount received and the value to be paid is recognized in the Consolidated Statement of Income during the term of the loan, using the effective interest rate method.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Interest paid and accrued related to debts and obligations used in a financing operations appear under financial cost.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Loans and obligations accruing interest with a maturity within twelve month period are classified as current liabilities, unless the Company has the unconditional right to defer the payment of the obligation for at least a twelve month period after the financial statement closing date. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-19</FONT></P></DIV>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Trade accounts payable and other payables</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Accounts payable and other accounts payable are initially recognized at their nominal value because they do not differ significantly from fair value. The Company has determined that no significant differences exist between the carrying value and amortized cost using the effective interest method.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Derivative Instruments</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>All derivative financial instruments are initially recognized as of the date of the agreement and subsequently measured at their fair value as of the date of the financial statements. Gains and losses resulting from fair value measurement are recorded in the Statement of Income as gains or losses due to fair value of financial instruments, unless the derivative instrument qualifies is designated, and is effective as a hedging instrument.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Financial Instruments at fair value through profit and loss include financial assets classified as held for trading by the Company. Financial assets are classified as held for trading when acquired with the purpose of selling them within a short term. Derivative instruments are classified as held for trading unless they are classified as hedge instruments.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Derivative instruments classified as hedges are accounted for as cash flow hedges.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In order to classify a derivative as a hedging instrument for accounting purposes, the Company documents (i) as of the transaction date or at designation time, the relationship or correlation between the hedging instrument and the hedged item, as well as the risk management purposes and strategies, (ii) the assessment, both at designation date as well as on a continuing basis, whether the instrument used is effective to offset changes in fair value or in the cash flows of the hedged item. A hedge is considered effective when changes in the fair value or in the cash flows of the underlying directly attributable to the risk hedged are offset with the changes in fair value, or in the cash flows of the hedging instrument with effectiveness between 80% to 125%.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The total fair value of hedging derivatives are classified as assets or financial liabilities in Other non-current if the maturity of the hedged item is more than 12 months and as other assets or current liabilities if the remaining maturity of the hedged item is less than 12 months. The effect on results of these instruments can be viewed in Other gains (losses) of the Consolidated Statements of Income. The effective portion of the change in the fair value of derivative instruments that are designated and qualified as cash flow hedges are initially recognized in Cash Flow Hedge Reserve in a separate component of Equity. The income or loss related to the ineffective portion is immediately recognized in the Statement of Income. The amounts accumulated in Equity are reclassified in Income during the same period in which the corresponding hedged item is reflected in the Statement of Income. When a cash flow hedge ceases to comply with the hedge accounting criteria, any accumulated income or loss existing in Equity remains in Equity and is recognized when the expected transaction is finally recognized in the Statement of Income. When it is estimated that an expected transaction will not occur, the accumulated gain or loss recorded in Equity is immediately recognized in the Statement of Income.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Deposits for returns of bottles and containers</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Deposits for returns of bottles and containers corresponds to the liabilities registered by the guarantees of money received from customers for bottles and containers placed at their disposal and represents the value that will be returned to the customer when it returns the bottles to the Company in good condition along with the original document. This value is determined by the estimation of the bottles and containers in circulation that are expected to be returned to the Company in the course of time based on the historic experience, physical counts held by clients and independent studies over the quantities that are in the hands of end consumers, valued at the average weighted guarantees for each type of bottles and containers.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company does not intend to make significant repayment of these deposits within the next 12 months. Such amounts are classified within current liabilities, under the line Other financial liabilities, since the Company does not have the legal ability to defer this payment for a period exceeding 12 months. This liability is not discounted, since it is considered a payable on demand, with the original document and the return of the respective bottles and containers and it does not have adjustability or interest clauses of any kind in its origin.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.8</FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>&nbsp;Financial asset impairment</FONT></I></B></H3>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>At each financial statement date the Company assesses if a financial asset or financial group of assets is impaired.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company assesses impairment of accounts receivable collectively by grouping the financial assets according to similar risk characteristics, which indicate the debtor&#8217;s capacity to comply with their obligations under the agreed upon conditions. When there is objective evidence that a loss due to impairment has been incurred in the accounts receivable, the loss amount is recognized in the Consolidated Statement of Income, as Administrative expenses.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In the event that during subsequent periods the impairment loss amount decreases and such decrease may be objectively related to an event occurring after impairment recognition, the impairment loss previously recognized is reversed.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Any subsequent impairment reversal is recognized in Income provided that the book value of the asset does not exceed its value as of the date the impairment was recognized.</FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.9</FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Inventories</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Inventories are stated at the lower of cost acquisition or production cost and net realizable value. The production cost of finished products and of products under processing includes raw material, direct labor, indirect manufacturing expenses based on a normal operational capacity and other costs incurred to place the products at the locations and in the conditions necessary for sale, net of discounts attributable to inventories.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The net realizable value is the estimated sale price in the normal course of business, less marketing and distribution expenses. When market conditions cause the production cost to be higher than its net realizable value, an allowance for assets deterioration is registered for the difference in value. This allowance for inventory deterioration also includes amounts related to obsolete items due to low turnover, technical obsolescence and products withdrawn from the market.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The inventories and cost of products sold, is determined using the Weighted Average Cost (WAC). The Company estimates that most of the inventories have a high turnover.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The materials and raw materials purchased from third parties are valued at their acquisition cost; once used, they are incorporated in finished products using the WAC methodology.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.10</FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Biological current assets</FONT></I></B></H3>

<P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Under the Biological current assets, the Company includes the costs associated with agricultural activities (grapes), which are capitalized up to the harvest date, at which time they become part of inventory cost for subsequents processes. The Company considers that the costs associated with agricultural activities represent a reasonable approximation to fair value. According to </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 4</FONT></I></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif> until December 31, 2014 and January 1, 2014, the Biological current assets are recorded under Inventories. The above mentioned implies only a reclassification and </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>has no impact on its value, Net income or Equity.</FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.11</FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Other non-financial assets</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Other non-financial assets</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif> mainly includes disbursements related to commercial advertising preparation that is in process but has not yet been shown, advances to property, plant and equipment to suppliers and current and non-current advertising agreements.</FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.12</FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Property, plant and equipment</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Property, plant and equipment are recorded at their historic cost, less accumulated depreciation and impairment losses. The cost includes both the disbursements directly attributable to the asset acquisition or construction, as well as the financing interest directly related to certain qualified assets, which are capitalized during the construction or acquisition period, as long as these assets qualify for these purposes considering the period necessary to complete and prepare the assets to be operative. Disbursements after the purchase or acquisition are only capitalized when it is likely that the future </FONT>


<FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>economic benefits associated to the investment flow towards the Company, and costs may be reasonably measured. Subsequent disbursements related to repairs and maintenance are recorded as expense when incurred.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-21</FONT></P></DIV>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Property, plant and equipment depreciation, including the assets under financial lease, is calculated on a straight line basis over the estimated useful life of the fixed assets, taking into account their estimated residual value. When an asset is formed by significant components with different useful lives, each part is separately depreciated. Property, plant and equipment useful lives and residual values estimates are reviewed and adjusted at each financial statement closing date, if necessary.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Property, plant and equipment estimated useful lives are as follows:</FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif> </FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Type of Assets</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Number of years</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Land</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Indefinite</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Buildings and Constructions</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">20 to 60</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10 to 25</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Furniture and accesories</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5 to 10</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other equipment (coolers and mayolicas)</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5 to 8</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Glass containers, and plastic containers</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3 to 12</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Vines in production</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">30</FONT></P></TD></TR>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Gains</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif> and losses resulting from the sale of properties, plants and equipment are calculated comparing their book values against the related sales proceeds and are included in the Consolidated Statement of Income.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Biological assets held by Vi&#241;a San Pedro Tarapac&#225; S.A. (VSPT) and its subsidiaries consist of vines under formation and under production. The harvested grapes are used for the later production of wines.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Vines under production are valued at the historic cost, less depreciation and any impairment loss.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Depreciation of under production vines is recorded on a straight-line basis based on the 30-years average estimated production useful life, which is periodically assessed. Vines under formation are not depreciated until they start production. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Costs incurred in acquiring and planting new vines are capitalized.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>When the book value of an asset of property, plant and equipment exceeds its recoverable amount, this is reduced immediately to its recoverable amount </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>(See Note 2.17)</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As described in </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 4</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, during year 2015, the Company has early adopted the amendment of IAS 16 and 41, therefore vines under formation and under production are recorded in Properties, plant and equipment. Until December 31, 2014 and January 1, 2014, these were recorded under the Biological non-current assets. This early application implies only a reclassification and has not impact on its value, Net income or Equity.</FONT></P>

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<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.13</FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Leases</FONT></I></B></H3>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Lease agreements are classified as financial leases when the agreement transfers to the Company substantially all the risks and rewards inherent to the asset ownership, according to International Accounting Standard No. 17 &#8220;Leases&#8221;. For those agreements that qualify as financial leases, at the initial date an asset and a liability are recognized at a value equivalent to the lower of the fair value of the asset and the present value of future lease payments. Subsequently, lease payments are allocated between the financial expense and the obligation reduction, so that a constant interest rate on the obligation balance is obtained.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Lease agreements that do not qualify as financial leases are classified as operating leases. Lease payments of operating leases are charged to income on a straight line basis over the life of the lease.</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.14</FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>&nbsp;Investment property</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Investment property consists of land and building held by the Company with the purpose of generating appreciation and are not used in the normal course of business, and are recorded at historic cost less impairment loss, if any. Investment property depreciation is calculated on a straight line basis over the estimated useful life of such property, taking into account the estimated residual value of such property.</FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.15</FONT></I></B><B><I><FONT lang=EN-US style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=EN-US style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Intangible assets other than goodwill</FONT></I></B></H3>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Commercial Trademarks</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company&#8217;s commercial trademarks correspond to intangible assets with an indefinite useful life that are presented at their historic cost, less any impairment loss. The Company believes that through marketing investments trademarks maintain their value, consequently they are considered as having an indefinite useful life and they are not amortizable. Such assets are subject to impairment tests on a yearly basis, or when factors exist indicating a likely loss of value </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>(Note 2.17).</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Software Program</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Software Program licenses acquired are capitalized at the value of the costs incurred for their acquisition and preparation for the use of the specific programs. Such costs are amortized over their estimated useful lives (4 to 7 years). The maintenance costs of the software programs are recognized as expense in the year during which they are incurred.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Research and development</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Research and development expenses are recognized in the period incurred. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Water Rights</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Water Rights acquired by the Company correspond to the existing exploitation rights of water from natural sources, and they are recorded at their attributed cost as of the transition date to IFRS. Given that such rights are perpetual they are not amortizable, nevertheless they are annually subject to impairment assessment, or when factors exist that indicate a likely loss of value </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>(See Note 2.17)</FONT></I></B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></I></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.16</FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Goodwill </FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Goodwill represents the excess of cost of a business combination over the Company&#8217;s share in the fair value of identifiable assets, liabilities and contingent liabilities as of the acquisition date, and is accounted for at its cost value less accumulated impairment losses. Goodwill related to joint venture acquisitions is included in the investment accounting value.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>For the purposes of impairment tests, goodwill is assigned Cash Generating Units (CGU) that are expected to benefit from the synergies of a business combination. Each unit or group of units (CGU - </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>See Note 22)</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif> represents the lowest level inside the Company at which goodwill is monitored for internal administration purposes, which is not larger than a business segment. The cash generating units to which the goodwill is assigned are tested for impairment annually or with a higher frequency, when there are signs indicating that a cash generating unit could experience impairment or some of the significant market conditions have changed.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Goodwill in the acquisition of joint ventures is assessed for impairment as part of the investment, provided that there are signs indicating that the investment may be impaired.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>An impairment loss is recognized for the amount that the book value of the cash generating unit exceeds its recoverable value, the recoverable value being the higher of the fair value of the cash generating unit, less costs to sell and its value in use.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>An impairment loss is first assigned in goodwill to reduce its book value, and then to other assets in the cash generating unit. A recognized impairment loss is not reversed in the following years.</FONT></P>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-23</FONT></P></DIV>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.17</FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Impairment of non-financial assets other than goodwill</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company annually assesses the existence of impairment indicators on non-financial assets. When indicators exist, the Company estimates the recoverable amount of the impaired asset. In case it is not possible to estimate the recoverable amount of the impaired asset at an individual level, the Company estimates the recoverable amount of the cash generating unit to which the asset belongs.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>For indefinite useful life intangible assets, which are not amortized, the Company performs all required test to ensure that the carrying amount does not exceed recoverable value.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The recoverable amount is defined as the higher of the fair value, less cost to sell and the value in use. The value in use is determined by estimating future cash flows associated with the asset or with the cash generating unit, discounted from its current value by using interest rates before taxes, which reflect the time value of money and the specific risks of the asset. In the event the asset book value exceeds its recoverable amount, the Company records an impairment loss in the Statement of Income.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>For other non-financial assets different than goodwill and intangibles with indefinite useful life, the Company assesses the existence of impairment indicators when some event or change in business circumstances indicate that the book value of the asset may not be recoverable and impairment is recognised when the book value is higher than its recoverable value.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company annually assesses if impairment indicators of non-financial assets for which impairment losses were recorded during prior years have disappeared or decreased. In the event of such situation, the recoverable amount of the specific asset is recalculated and its book value increased, if necessary. Such increase is recognized in the Statement of Income as reversal of impairment losses. The increase in the value of the previously impaired asset is recognized only when it is originated by changes in the assumptions used to calculate the recoverable amount. The asset amount increase resulting from the reversal of the impairment loss is limited to the amount that would have been recorded had impairment not occurred.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.18</FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Assets of a disposal group held for sale</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Property, plant and equipment expected to be recovered primarily through sale rather than through continuing use, for which active sale negotiations have begun and it is estimated that they will be sold within twelve months following the closing date are classified as assets of a disposal group held for sale. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>These assets are measured at the lower of their book value and the estimated fair value, less costs to sell. From the moment in which the assets are classified as assets of a disposal group held for sale they are no longer depreciated.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.19</FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Income taxes </FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Income taxes are composed by the legal obligations and the deferred taxes recognized according to International Accounting Standard N&#186; 12 &#8211; Income Taxes. Income tax is recognized in the Statement of Income, except when it is related to entries directly recorded in Equity, in which case the tax effect is also recognized in Equity.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Income Tax Obligation</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Income tax obligations are recognized in the financial statements on the basis of the best estimates of the taxable profits as of the financial statement closing date, and the income tax rate valid as of that date in the countries where the Company operates<FONT style="FONT-SIZE: 9pt" face=Arial>.</FONT></FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Deferred Tax</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Deferred taxes are those the Company expects to pay or to recover in the future, due to temporary differences between the book value of assets and liabilities (carrying amount for financial reporting purposes) and the corresponding tax basis of such assets and liabilities used to determine the profits subject to taxes. Deferred tax assets and liabilities are generally recognized for all temporary differences, and they are calculated at the rates that will be valid on the date the liabilities are paid or the assets realized.</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Deferred tax is recognized for temporary differences arising from investments in subsidiaries and associates, except in those cases where the Company is able to control the date on which temporary differences will be reversed, and it is likely that they will not be reverted in the foreseeable future. Deferred tax assets, including those originated by tax losses are recognized provided it is likely that in the future there are taxable profits against which deductible temporary differences may be charged.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Deferred tax assets and liabilities are offset when there is a legal right to offset tax assets against tax liabilities, and the deferred tax is related to the same taxable entity and the same taxing authority.</FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.20</FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Employees benefits</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Employees Vacation</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company accrues the expense associated with staff vacation when the employee earns the benefit.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Employees Bonuses</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company recognizes a liability and an expense for bonuses when it&#8217;s contractually obligated, it is estimated that, depending on the income requirement at a given date, bonuses will be paid out at the end of the year.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Severance Indemnity</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company recognizes a liability for the payment of irrevocable severance indemnities, originated from the collective and individual agreements entered into with employees. Such obligation is determined based on the actuarial value of the accrued cost of the benefit, a method which considers several factors in the calculation, such as estimates of future continuance, mortality rates, future salary increases and discount rates. The determined value is shown at its present value by using the accrued benefits for years of service method. The discount rates are determined by reference to market interest rates curves. The current losses and gains are directly recorded in Income. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>According to the amendment of IAS 19, the actuarial gains and losses are recognized directly in Other Comprehensive Income, under Equity and, according to the accounting policies of the Company, financial costs related to the severance indemnity are directly recorded under Financial cost in the Consolidated Statement of Income.</FONT></P>

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<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.21</FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Provisions</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Provisions are recognized when: (i) the Company has a current obligation, legal or implicit, as a result of past events, (ii) it is probable that monetary resources will be required to settle the obligation and (iii) the amounts can be reasonably established. The amounts recognized as provisions as of financial statements closing date, are Management&#180;s best estimates, and consider the necessary disbursements to liquidate the obligation.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The concepts by which the Company establishes provisions against Income correspond to civil, labour and taxation proceedings that could affect the Company </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>(See Note 29)</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.22</FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Revenue recognition</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Revenues are recognized when it is likely that economic benefits flow to the Company and can be measured reliably. Income is measured at the fair value of the economic benefits received or to be received, and they are presented net of valued added taxes, specific taxes, returns, discounts and rebates.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Sales of goods are recognized after the Company has transferred to buyer all the risks and benefits inherent in the ownership of such goods, and it does not hold the right to dispose of them; in general, this means that sales are recorded at the transfer of risks and benefits to clients, pursuant to the terms agreed in the commercial agreements.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-25</FONT></P></DIV>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Sale of products in the domestic market</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company obtains its revenues, both in Chile and Argentina, mainly from the sales of beers, soft drinks, mineral waters, purified water, juices, wines, cider and spirits, products that are distributed through retail establishments, wholesale distributors and supermarket chains. None of which act as commercial agents of the Company. Such revenues in the domestic markets, net of the value added tax, specific taxes, returns, discounts and rebates to clients, are recognized when products are delivered, together with the transfer of all risks and benefits related to them.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Exports</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In general, the Company&#180;s delivery conditions for sale are the basis for revenue recognition related to exports.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The structure of revenue recognition is based on the grouping of Incoterms, mainly in the following groups:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.25pt; TEXT-INDENT: -35.25pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.25pt; TEXT-INDENT: -35.25pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&#8226;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "FOB (Free on Board) shipping point", by which buyer organizes and pays for transportation, consequently the sales occur and revenue is recognized upon the delivery of merchandise to the transporter hired by buyer.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.25pt; TEXT-INDENT: -35.25pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&#8226;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#8220;CIF (Cost, Insurance &amp; Freight) and similar", by which the Company organizes and pays for external transportation and some other expenses, although CCU ceases being responsible for the merchandise after delivering it to the maritime or air company in accordance with the relevant terms. The sales occur and revenue is recognized upon the delivery of the merchandise at the port of destination.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In the case of discrepancies between the commercial agreements and Incoterms, the first one will prevail.</FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.23</FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Commercial agreements with distributors and supermarket chains</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company enters into commercial agreements with its clients, distributors and supermarkets through which they establish: (i) volume discounts and other client variables, (ii) promotional discounts that correspond to an additional rebate on the price of the products sold by reason of commercial initiatives development (temporary promotions), (iii) services payment and rendering of counter-services (advertising and promotion agreements, use of preferential spaces and others) and (iv) shared advertising, which corresponds to the Company&#8217;s participation in advertising campaigns, promotion magazines and opening of new sales locations.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Volume discounts and promotional discounts are recognized as a reduction in the sales price of the products sold. Shared advertising contributions are recognized when the advertising activities agreed upon with the distributor have been carried out, and they are recorded as marketing expenses incurred, under Other expenses by function.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The commitments with distributors or importers in the exports area are recognized on the basis of existing trade agreements. </FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.24</FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Cost of sales of products</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The costs of sales include the production cost of the products sold and other costs incurred to place inventories in the locations and under the conditions necessary for the sale. Such costs mainly include raw material costs, packing costs, production staff labour costs, production-related assets depreciation, returnable bottles depreciation, license payments, operational costs and plant and equipment maintenance costs.</FONT></P>

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<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.25</FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>&nbsp;Other expenses by function</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Other expenses by function include, mainly advertising and promotion expenses, depreciation of assets sold, selling expenses, marketing costs (sets, signs, neon signs at client&#8217;s facilities) and marketing and sales staff remuneration and compensations.</FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt 35.25pt; TEXT-INDENT: -35.25pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>2.26</FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>&nbsp;Distribution expenses </FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Distribution costs include all the necessary costs to deliver products to clients.</FONT></P>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-26</FONT></P></DIV>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT style="FONT-SIZE: 9pt" lang=ES-CL color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT style="FONT-SIZE: 9pt" lang=EN-US color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT style="FONT-SIZE: 9pt" lang=ES-CL color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 9pt" lang=ES-CL face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H3 style="TEXT-ALIGN: justify; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -35.25pt; MARGIN: 12pt 0cm 3pt 35.25pt"><B><I><FONT style="FONT-SIZE: 11pt" lang=ES-CL color=#003300 face=Arial,sans-serif>2.27</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=ES-CL color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT style="FONT-SIZE: 11pt" lang=ES-CL color=#003300 face=Arial,sans-serif>Administration expenses</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 9pt" lang=ES-CL face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=Arial,sans-serif>Administration expenses include the support units staff remuneration and compensation, depreciation of offices, equipment, facilities and furniture used for these functions, non-current assets amortization and other general and administration expenses.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=Arial,sans-serif></FONT></B>&nbsp;</P>

<H3 style="TEXT-ALIGN: justify; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -35.25pt; MARGIN: 12pt 0cm 3pt 35.25pt"><B><I><FONT style="FONT-SIZE: 11pt" lang=ES-CL color=#003300 face=Arial,sans-serif>2.28</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=ES-CL color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT style="FONT-SIZE: 11pt" lang=ES-CL color=#003300 face=Arial,sans-serif>Environment liabilities</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=Arial,sans-serif>Environmental liabilities are recorded based on the current interpretation of environmental laws and regulations, or when an obligation is likely to occur and the amount of such liability can be calculated reliably.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=Arial,sans-serif>Disbursements related to environmental protection are charged to the Consolidated Statements of Income as incurred, except, investments in infrastructure designed to comply with environmental requirements, are recorded following the accounting policies for property, plant and equipment.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Arial,sans-serif></FONT>&nbsp;</P>

<H3 style="TEXT-ALIGN: justify; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -35.25pt; MARGIN: 12pt 0cm 3pt 35.25pt"><B><I><FONT style="FONT-SIZE: 11pt" lang=EN-US color=#003300 face=Arial,sans-serif>2.29</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT style="FONT-SIZE: 11pt" lang=EN-US color=#003300 face=Arial,sans-serif>Reclassification to the Consolidated Financial Statements of previous years</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Arial,sans-serif>The Company has early adopted the amendment of IAS 16 and IAS 41. For comparison purposes of this Consolidated Financial Statements, the Company,&nbsp;had restated the originally figures reported at December 31, 2014 and January 1, 2014. </FONT><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=Arial,sans-serif>This early application implies only a reclassification and has not impact on its value, Net income or Equity.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=Arial,sans-serif>Below are the reclassifications that only affecting the Consolidated Statement of Financial Position:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Arial,sans-serif>a) <FONT style="FONT-SIZE: 9pt" face=Arial>On </FONT>December 31, 2014:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

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<TR style="HEIGHT: 51pt">

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif">Current assets</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 51pt; BORDER-TOP: white 1pt solid; BORDER-RIGHT: white 1pt solid; PADDING-TOP: 0cm" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif">Previously Reported <FONT style="FONT-SIZE: 8pt" face="Arial Narrow">a</FONT>t December 31, 2014</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif">Reclassification</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif">Total at December 31, 2014 (Restated)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-TOP: 0cm" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-TOP: 0cm" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-TOP: 0cm" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="55%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=black face="arial narrow,sans-serif">Inventories</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="3%" noWrap>&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="3%" noWrap>&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=black face="arial narrow,sans-serif">175,179,189</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=black face="arial narrow,sans-serif">(7,633,591)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=black face="arial narrow,sans-serif">167,545,598</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="55%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=black face="arial narrow,sans-serif">Biological current assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="3%" noWrap>&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="3%" noWrap>&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=black face="arial narrow,sans-serif">7,633,591</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=black face="arial narrow,sans-serif">7,633,591</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-BOTTOM: white 1pt solid; BORDER-LEFT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-TOP: white 1pt solid; PADDING-TOP: 0cm" width="55%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-TOP: white 1pt solid; PADDING-TOP: 0cm" width="3%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-TOP: white 1pt solid; PADDING-TOP: 0cm" width="3%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-TOP: white 1pt solid; PADDING-TOP: 0cm" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-TOP: white 1pt solid; PADDING-TOP: 0cm" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-TOP: white 1pt solid; BORDER-RIGHT: white 1pt solid; PADDING-TOP: 0cm" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 8.25pt; PADDING-TOP: 0cm" vAlign=bottom width="55%" noWrap>&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 8.25pt; PADDING-TOP: 0cm" vAlign=bottom width="3%" noWrap>&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 8.25pt; PADDING-TOP: 0cm" vAlign=bottom width="3%" noWrap>&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 8.25pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" noWrap>&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 8.25pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" noWrap>&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 8.25pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 51pt">

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif">Non-current assets</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 51pt; BORDER-TOP: white 1pt solid; BORDER-RIGHT: white 1pt solid; PADDING-TOP: 0cm" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif">Previously Reported at December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 51pt; BORDER-TOP: white 1pt solid; BORDER-RIGHT: white 1pt solid; PADDING-TOP: 0cm" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif">Reclassification</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 51pt; BORDER-TOP: white 1pt solid; BORDER-RIGHT: white 1pt solid; PADDING-TOP: 0cm" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif">Total at December 31, 2014 (Restated)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-TOP: 0cm" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-TOP: 0cm" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-TOP: 0cm" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="55%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face="arial narrow,sans-serif">Property, plant and equipment (net)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="3%" noWrap>&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="3%" noWrap>&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=black face="arial narrow,sans-serif">833,171,234</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=black face="arial narrow,sans-serif">18,084,408</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=black face="arial narrow,sans-serif">851,255,642</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="55%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=black face="arial narrow,sans-serif">Biological assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="3%" noWrap>&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="3%" noWrap>&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=black face="arial narrow,sans-serif">18,084,408</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=black face="arial narrow,sans-serif">(18,084,408)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; HEIGHT: 11.25pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-BOTTOM: white 1pt solid; BORDER-LEFT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-TOP: white 1pt solid; PADDING-TOP: 0cm" width="55%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-TOP: white 1pt solid; PADDING-TOP: 0cm" width="3%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-TOP: white 1pt solid; PADDING-TOP: 0cm" width="3%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-TOP: white 1pt solid; PADDING-TOP: 0cm" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-TOP: white 1pt solid; PADDING-TOP: 0cm" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt; BACKGROUND: #083a20; HEIGHT: 11.25pt; BORDER-TOP: white 1pt solid; BORDER-RIGHT: white 1pt solid; PADDING-TOP: 0cm" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=ES-CL color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT style="FONT-SIZE: 9pt" lang=ES-CL face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 9pt" lang=ES-CL face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-27</FONT></P></DIV>

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<TR style="HEIGHT: 45.35pt">

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="61%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0pt 0pt 0cm" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>b) January 1, 2014:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 51pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 51pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="61%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Current assets</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 51pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">At January 1, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 51pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Reclassification</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 51pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total at January 1, 2014 (Restated)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 15pt">

   <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Inventories</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">153,085,845</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(6,130,652)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">146,955,193</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Biological current assets</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,130,652</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,130,652</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 51pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 51pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="61%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Non-current assets</FONT></B></P></TD>

   <TD style="HEIGHT: 51pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">At January 1, 2014</FONT></B></P></TD>

   <TD style="HEIGHT: 51pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Reclassification</FONT></B></P></TD>

   <TD style="HEIGHT: 51pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total at January 1, 2014 (Restated)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 15pt">

   <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Property, plant and equipment (net)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">680,994,421</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,662,008</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">698,656,429</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Biological assets</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,662,008</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(17,662,008)</FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The costs associated with agricultural activities (grapes) for an amount of ThCh$ 7,633,591 and ThCh$ 6,130,652 as of December 31, 2014 and January 1, 2014, respectively, were presented under the Inventories. Beginning the year 2015, according to IAS 41, these are presented under the Biological current assets.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The vines under formation and under production for an amount of ThCh$ 18,084,408 and ThCh$ 17,662,008 as of December 31, 2014 and January 1, 2014, respectively, were presented under the Biological assets. Beginning the year 2015, according to Amendment of IAS 16 and IAS 41, these are presented under Property, plant and equipment.</FONT></P>

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<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 3 </FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300 face=arial>Estimates and application of professional judgment</FONT></B></H1>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Financial statement preparation requires estimates and assumptions from Management affecting the amounts included in the consolidated financial statements and their related notes. The estimates made and the assumptions used by the Company are based on the historical experience, changes in the industry and the information supplied by external qualified sources. Nevertheless, final results could differ from the estimates under certain conditions.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Significant estimates and accounting policies are defined as those that are important to correctly reflect the Company&#8217;s financial position and income, and/or those that require a high level of judgment by Management.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The primary estimates and professional judgments relate to the following concepts:</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.25pt; TEXT-INDENT: -35.25pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&#8226;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The valuation of goodwill acquired to determine the existence of losses due to potential impairment </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>(Note 2.16 and Note 22)</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.25pt; TEXT-INDENT: -35.25pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&#8226;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The valuation of commercial trademarks to determine the existence of potential losses due to potential impairment</FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif> (Note 2.17 and Note 21)</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.25pt; TEXT-INDENT: -35.25pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&#8226;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The assumptions used in the current calculation of liabilities and obligations to employees </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>(Note 2.20 and Note 31)</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.25pt; TEXT-INDENT: -35.25pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&#8226;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Useful life of property, plant and equipment</FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif> (Note 2.12 and Note 23)</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif> and intangibles</FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif> (Note 2.15 and Note 21)</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&#8226;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The assumptions used for the calculation of fair value financial instruments </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>(Note 2.7 and Note 6)</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt; TEXT-INDENT: -35.45pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&#8226;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The occurrence likelihood and the estimates amount in an uncertain or contingent manner </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>(Note 2.21 and Note 29)</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&#8226;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The valuation of Biological current assets </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>(Note 2.10 and Note 18)</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Such estimates are based on the best available information of the events analysed to date in these consolidated financial statements. However, it is possible that events that may occur in the future that result in adjustments to such estimates, which would be recorded prospectively.</FONT></P>

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<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=ES-CL style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 4 </FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300 face=Arial>Accounting changes</FONT></B></H1>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 21.3pt; TEXT-INDENT: -21.3pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>a)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company adopted the early application of Amendment to IAS 16 and 41 in 2015. This change in accounting policy implies that Biological assets (vines under formation and under production) are reclassified to Property, plant and equipment from Biological assets. Additionally, the costs associated with agricultural activities are reclassified to Biological current assets from Inventories.&nbsp; Until December 31, 2014 and January 1, 2014 these were presented under Biological assets (vines under formation and under production) and Inventories, respectively. The effects of this accounting policy are explained in </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 2.29</FONT></I></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>. For comparison purposes these change was applied retroactively to 2014.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 21.3pt; TEXT-INDENT: -21.3pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 21.3pt; TEXT-INDENT: -21.3pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>b)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>During the year ended on December 31, 2015, there have been no other changes in the use of accounting principles or relevant changes in any accounting estimates with regard to previous years that have affected these consolidated financial statements.</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

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<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=ES-CL style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 5&nbsp;</FONT></B> <B><FONT lang=ES-CL style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300 face=Arial>&nbsp;Risk Administration </FONT></B></H1>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Risk administration</FONT></I></B></H3>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>In those companies without a significant non-controlling interest, the Company&#8217;s Administration and Finance Officer provides a centralized service for the group&#8217;s companies to obtain financing and administration of exchange rate, interest rate, liquidity, inflation, raw material and loan risks. Such activity operates according to a policies and procedures framework, which is regularly reviewed to comply with the purpose of administrating the risk originated by the business needs.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>In those companies with a significant non-controlling interest (VSPT, CPCh, Aguas CCU-Nestl&#233;, Bebidas del Paraguay S.A. and Cervecera Kunstmann) each Administration and Finance Officer exercises such responsibility. When necessary, the Board of Directors has the final responsibility for establishing and reviewing the risk administration structure, as well as for the review of significant changes made to the risk administration policies.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>According to the financial risk policies, the Company uses derivative instruments only for the purpose of covering exposures to the interest rate and exchange rate risks originated by the Company&#8217;s operations and its financing sources. The Company does not acquire derivative facilities with speculative or investment purposes nevertheless, some derivatives are not treated as hedges for accounting purposes because they do not qualify as such. Transactions with derivative instruments are exclusively carried out by staff under the Finance Management and Internal Audit Management regularly reviews the control environment of this function. The relationship with Credit Rating Agencies and the monitoring of financial restrictions (covenants) are also administered by Finance Management.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company&#8217;s main risk exposure is related to the exchange rates, interest rates, inflation and raw material prices (commodities), taxes, client&#8217;s accounts receivable and liquidity. For the purpose of managing the risk originated by such exposures, several financial instruments are used.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>For each of the following, where applicable, sensitivity analysis developed are for illustrative purposes, since in practice the sensitized variables rarely change without affecting each other and without affecting other factors that were considered as constants.</FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Exchange rate risk</FONT></I></B></H3>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company is exposed to exchange rate risks originated by: a) its net exposure to foreign currency assets and liabilities, b) exports sales, c) the purchase of raw material, products and capital investments effected in foreign currencies, or indexed in such currencies, and d) the net investment of subsidiaries in Argentina, Uruguay and Paraguay. The Company&#8217;s greatest exchange rate exposure is the variation of the Chilean peso as compared to the US Dollar, Euro, Argentine Peso, Uruguayan Peso<FONT style="FONT-SIZE: 9pt" face=Arial>,</FONT> Paraguayan Guarani, Colombian peso and Boliviano.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015, the Company maintained foreign currency obligations amounting to ThCh$ 49,785,548 (ThCh$ 46,780,406 in 2014), mostly denominated in US Dollars. Foreign currency obligations (ThCh$ 16,626,496 in 2015 and ThCh$ 19,838,965 in 2014) represent 10% (11% in 2014) of the total of Other financial liabilities. The remaining 90% (89% in 2014) is mainly denominated in inflation-indexed Chilean pesos (see inflation risk section). In addition, the Company maintains foreign currency assets for ThCh$72,887,721 (ThCh$ 57,086,683 in 2014) that mainly correspond to exports accounts receivable.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Regarding the foreign subsidiaries operations, the net exposure liability in US Dollars and other currencies amounts to ThCh$ 1,368,068 (ThCh$ 1,932,014 in 2014).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>To protect the value of the net foreign currency assets and liabilities position of its Chilean operations, the Company enters into derivative agreements (currency forwards) to ease any variation in the Chilean peso as compared to other currencies.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015, the Company&#8217;s mitigate net asset exposure in foreign currencies in Chile, after the use of derivative instruments, is a liability amounting to ThCh$ 757,256 (ThCh$ 2,588,053 in 2014).</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Of the Company&#8217;s total sales, both in Chile and abroad, 8% (8% in 2014 and 8% in 2013) corresponds to export sales made in foreign currencies, mainly US Dollars and Euro and of the total costs 54% (55% in 2014 and 57% in 2013) corresponds to raw materials and products purchased in foreign currencies, or indexed to such currencies. The Company does not hedge the eventual variations in the expected cash flows from such transactions.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company is also exposed to movements in exchange rates relating to the conversion from Argentine Pesos, Uruguayan Pesos, Paraguayan Guaranis, Bolivians and Colombian Pesos to Chilean Pesos with respect to assets, liabilities, income and expenses of its subsidiaries in Argentina, Uruguay and Paraguay, associated in Bolivia and joint ventures in Colombia. The Company does not cover the risks associated with the conversion of its subsidiaries, which effects are recorded in Equity.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015, the net investment in foreign subsidiaries, associated and joint ventures amounted to ThCh$ 133,554,918, ThCh$ 14,276,937 and ThCh$ 18,718,832 respectively (ThCh$ 127,753,473, ThCh$ 12,757,874 and ThCh$ 1,445,478 in 2014).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Exchange rate sensitivity analysis</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The exchange rate differences effect recognized in the Consolidated Statement of Income for the year ended as of December 31, 2015, related to the foreign currency denominated assets and liabilities, was an income of ThCh$ 957,565 (and a loss of ThCh$ 613,181 in 2014 and ThCh$ 4,292,119&nbsp; in 2013). Considering the exposure as of December 31, 2015, and assuming a 10% increase (or decrease) in the exchange rate, and maintaining constant all other variables, such as interest rates, it is estimated that the effect over the Company&#8217;s income would be loss after taxes of ThCh$ 58,687 (a loss of ThCh$ 204,456 in 2014 and a loss of ThCh$ 85,506 in 2013).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Considering that approximately 8% of the Company&#8217; sales relates to export sales carried out in Chile (8% in 2014 and 2013), in currencies different from the Chilean Peso, and in approximately 54% (55% in 2014 and 57% in 2013) of the Company&#8217;s direct costs are indexed to the US Dollar and assuming that the functional currencies will be appreciated or (depreciated) by 10% as compared to the set of foreign currencies, when maintaining constant the rest of the variables the hypothetical effect on the Company&#8217;s income would be income (loss) after taxes of ThCh$ 10,380,193 income (loss) from </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>ThCh$ 10,004,379 in 2014 and ThCh$ 9,320,804 in 2013).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company can also be affected by the variation of the exchange rate of where the foreign subsidiaries operate, since the result is converted to Chilean Pesos at the average rate of each month. The result of the operations in the foreign subsidiaries during the year 2015 were ThCh$ 32,141,475 (ThCh $ 29,235,462 in 2014 and ThCh $ 26,738,414 in 2013). Therefore, a depreciation (or appreciation) of 10% in the exchange rate of the Argentine Peso, the Uruguayan Peso and the Paraguayan Guarani against the Chilean Peso, would be a loss (income) before tax of ThCh$ 3,214,147 (ThCh$ 2,923,546 in 2014 and ThCh$ 2,673,841 in 2013).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The net investment in foreign subsidiaries, associated and joint ventures amounted to ThCh$ 133,554,918, ThCh$ 14,276,937 and ThCh$ 18,718,832, respectively (ThCh$ 127,753,473, ThCh$ 12,757,874 and ThCh$ 1,445,4788 in 2014). Assuming a 10% increase or decrease in the Argentine Peso, Uruguayan Peso, Paraguayan Guarani, Bolivians and Colombian Peso against the Chilean Peso, and maintaining constant all the rest of the variables, the increase (decrease) would hypothetically result in income (loss) of ThCh$ 16,655,069 (ThCh$ 14,195,683 in 2014) recorded as a credit (charge) against Equity.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The company does not cover the risks associated with the currency conversion of the financial statements of its subsidiaries that have other functional currency, whose effects are reported in Equity.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Interest rates risk</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The interest rate risk mainly originated from the Company&#8217;s financing sources. The main exposure is related to LIBOR and BADLAR variable interest rate indexed obligations. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015, the Company had a total ThCh$ 20,206,608 in debt indexed to LIBOR (ThCh$ 13,690,987 in 2014). Consequently, as of December 31, 2015, the company&#8217;s financing structure is comprised by (without considering the effects of cross currency swaps effect) in approximately 12% (7% in 2014) in debt with variable interest rates, and 88% (93% in 2014) in debt with fixed interest rates.</FONT></P>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-31</FONT></P></DIV>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>To administer the interest rate risk, the Company has a policy that intends to reduce the volatility of its financial expense, and to maintain an ideal percentage of its debt in fixed rate instruments. The financial position is mainly set by the use of short-term and long-term debt, as well as derivative instruments such as cross currency interest rate swaps.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015, after considering the effect of interest rates and currency swaps, approximately 97% (100% in 2014) of the Company&#8217;s long-term debt has fixed interest rates.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The terms and conditions of the Company&#8217;s obligations as of December 31, 2015, including exchange rates, interest rates, maturities and effective interest rates, are detailed in Note 27.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Interest rates sensitivity analysis</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The total financial expense recognized in the Consolidated Statement of Income for the twelve month ended December 31, 2015, related to short-term and long-term debts amounted to ThCh$ 23,101,329 (ThCh$ 22,957,482 in&nbsp; 2014 and ThCh$ 24,084,226 in 2013).&nbsp; <FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Assuming a 100 base point increase (or decrease) in the Interest rate, and maintaining constant all other variables, it is estimated that the effect over the Company&#8217;s income would be loss before taxes of ThCh$ 41,872.</FONT></FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Inflation risk</FONT></I></B></H3>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company maintains a series of Unidad de Fomento* (UF) indexed agreements with third parties, as well as UF indexed financial debt, which means that the Company is exposed to the UF fluctuations, generating increases in the value of the agreements and inflation adjustable liabilities, in the event it experiences growth. This risk is mitigated by the Company&#8217;s policy of keeping the unitary net sales in UF constant, as long as the market conditions allow it. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>* The Unidad de Fomento (UF) is a Chilean inflation-indexed, peso-denominated monetary unit. The UF rate is set daily based on changes in the previous month&#180;s inflation rate. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Inflation sensitivity analysis</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The income for total adjustment unit recognized in the Consolidated Statement of Comprehensive Income for the twelve month ended December 31, 2015, related to UF indexed short-term and long-term debt, and resulted in a loss of ThCh$ 3,282,736 (ThCh$&nbsp; 4,159,131 in 2014 and ThCh$ 1,801,765 in 2013). Assuming a reasonably possible increase (decrease) of the Unidad de Fomento by approximately 3% and maintaining constant all the rest of the variables, such as interest rates, the aforementioned increase (decrease) would hypothetically result in a loss (income) of ThCh$ 3,065,747 (ThCh$ 3,035,371 in 2014 and ThCh$ 2,999,467 in 2013) in the Consolidated Statement of Income.</FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Raw material price risk</FONT></I></B></H3>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The main exposure to the raw material price variation is related to barley and malt used in the production of beer, concentrates, sugar and plastic containers used in the production of soft drinks and bulk wine and grapes for the manufacturing of wine and spirits.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Barley, malt and cans</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>In Chile, the Company obtains its barley and malt supply both from local producers and the international market. Long-term supply agreements are entered into with local producers where the barley price is set annually according to market prices, which are used to determine the malt price according to the agreements. The purchases commitments made expose the Company to a raw material price fluctuation risk. During 2015, the Company purchased 46,620 tons (52,720 tons in 2014) of barley and 53,890 tons (37,315 tons in 2014) of malt. CCU Argentina acquires mainly malt from local producers. Such raw materials represent approximately 9 % (12% in 2014) of the direct cost of Chile Operating segment.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Of the cost of Chile Operating segment, the cost of cans represents approximately 12% of the direct cost in 2015 (12% in 2014). Meanwhile in International business Operating segment the cans cost represent approximately 30% of the direct cost of raw materials in 2015 (20% in 2014).</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Concentrates, Sugar and plastic containers</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The main raw materials used in the production of non-alcoholic beverages are concentrates, which are mainly acquired from licensees, sugar and plastic resin for the manufacturing of plastic bottles and containers. The Company is exposed to price fluctuation risks of these raw materials, which jointly represent approximately 29% in 2015 (29% in 2014 and 27% in 2013) of the direct cost of Chile Operating segment. The company does not engage in hedging the purchases of raw materials.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Grapes and wine</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The main raw material used by the subsidiary VSPT for wine production are harvested grapes from own production and grapes and wines acquired from third parties through long term and spot contracts. For the last 12 months, approximately 31% of the total wine of VSPT supply comes from its own vineyards. In the export business the own supply for 2015 was 48% (37% for 2014). </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The remaining 69% (77% in 2014) supply is purchased from third parties through long term and spot contracts. During 2015, the subsidiary VSPT acquired 55% (69% in 2014) of the necessary grapes and wine from third parties through spot contracts. It also acquired 14% of its grape needs in 2015 from long term agreements (8% in 2014).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>We must consider that as of December 31, 2015, the wine represents 57% (59% in 2014) of the total direct cost of the Wine Operating Segment, meaning that the supply purchased to third parties represents 31% of the direct cost.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Raw material price sensitivity Analysis</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The total direct cost in the Consolidated Statement of Income for 2015 amounts to ThCh$ 485,391,583 (ThCh$ 433,749,832 in 2014 and ThCh$ 382,645,778 in 2013). Assuming a reasonably possible increase (decrease) in the direct cost of each Operating segment of 8% and maintaining constant all the rest of the variables, such as exchange rates, the aforesaid increase (decrease) would hypothetically result into a loss (income) before taxes of ThCh$ 24,078,370 (ThCh$ 21,875,405 in 2014 and ThCh$ 20,363,653 in 2013) for Chile Operating segment, ThCh$ 8,444,331 (ThCh$ 5,925,786 in 2014 and ThCh$ 5,421,437 in 2013) for International Business Operating segment, ThCh$ 6,736,734&nbsp;&nbsp;(ThCh$ 6,414,035 in 2014 and ThCh$ 6,180,951 <FONT style="FONT-SIZE: 9pt" face=Arial>in </FONT>2013) for Wine Operating segment.</FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Credit risk</FONT></I></B></H3>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The credit risk to which the Company is exposed originates from: a) the commercial accounts receivable maintained with retail clients, wholesale distributors and supermarket chains of domestic markets; b) accounts receivable from exports; and c) financial facilities maintained with Banks and financial institutions, such as demand deposits, mutual funds investments, facilities acquired under resale commitments and derivatives.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Domestic market</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The credit risk related to commercial collectible accounts of domestic markets is administered by the Loan and Collection Administration Officer, and it is monitored by the Loan Committee of each business unit. The Company has a wide client base that is subject to the policies, procedures and controls established by the Company. The loan limits are established for all clients on the basis of an internal qualification and payment performance. Outstanding commercial accounts receivable are regularly monitored. In addition, the Company acquires loan insurances covering 90% of the individually significant accounts receivable balances, a coverage that as of December 31, 2015, amounts to 88% (87% in 2014) of the total accounts receivable.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Overdue but not impaired commercial accounts receivable corresponds to clients that show delays of less than 21.4 days (18.2 days in 2014).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015, the Company had approximately 998 clients (904 clients in 2014) indebted in over Ch$ 10 million each that together represent approximately 85% (86% in 2014) of the total commercial accounts receivable. There were 217 clients (195 clients in 2014) with balances over Ch$ 50 million each, representing approximately 74% (76% in 2014) of the total accounts receivable. The 93% (94% in 2014) of such accounts receivable are covered by the loan insurance.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company believes that no additional credit risk provisions are needed to the individual and collective provisions determined at December 31, 2015, as a large percentage of these are covered by insurance.</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Exports market</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The loan risk related to accounts receivable for exports is administered by VSPT Head of Loan and Collection, and it is monitored by VSPT Administration and Finance Officer. The Company has a large client base, in over eighty countries, which are subject to the policies, procedures and controls established by the Company. In addition, the Company acquires loan insurance covering 99% (98% in 2014) of the total accounts receivable. Pending payment of commercial accounts receivable is regularly monitored. Apart from the loan insurance, having diversified sales in different countries decreases the loan risk.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015, there were 69 clients (72 clients in 2014) indebted for over ThCh$ 65,000 each, which represent 88% (87% in 2014) of the total accounts receivable of the export market.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Overdue but not impaired commercial accounts receivable corresponds to clients that show delays of less than 19 days <BR>(32 days in 2014).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company estimates that no loan risk provisions are necessary in addition to the individual and collective provisions determined as of December 31, 2015. See analysis of accounts receivables maturities and losses due to impairment of accounts receivables (Note 15).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company has policies limiting the counterparty loan risk exposure with respect to financial institutions, and such exposures are frequently monitored. Consequently, the Company does not have significant risk concentration with any specific financial institutions as of December 31, 2015.</FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Tax risk</FONT></I></B></H3>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Our businesses are taxed with different duties, particularly with excise taxes on the consumption of alcoholic and non-alcoholic beverages.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Argentine excise tax is 8.7% for beer, and the Chilean excise tax is 20.5% for beer and wine (15% in 2014), 31.5% for spirits (27% in 2014), 18% for sugar content non alcoholic beverages and 10% for no sugar content non alcoholic beverages (13% in 2014). In Uruguay the excise tax is 22% for beer, 19% for sugar content non alcoholic beverages, 12% for no sugar content non alcoholic beverages and 8% for bottled water. As for Paraguay, the excise tax is 9% for beer and 5% for sugar content non alcoholic beverages and bottled water.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;An increase in the rate of these or any other tax could negatively affect our sales and profitability.</FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Liquidity risk</FONT></I></B></H3>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company administers liquidity risk at a consolidated level. The cash flows originated from operational activities being the main liquidity source. Additionally, the Company has the ability to issue debt and equity instruments in the capital market according to our needs.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>To manage short-term liquidity, the Company considers projected cash flows for a twelve months moving period and maintains cash and cash equivalents available to meet its obligations.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Based on the current operational performance and its liquidity position, the Company estimates that cash flows originated by operating activities and the cash available shall be sufficient to finance working capital, capital investments, interest payments, dividend payments and debt payment requirements for the next 12-month period and the foreseeable future. &nbsp;</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>A summary of the Company&#8217;s financial liabilities with their maturities as of December 31, 2015 and 2014, based on the non-discounted contractual cash flows appears below:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Contractual flows maturities</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Less than 1 year</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Between 1 and 5 years</FONT></B></P></TD>

   <TD style="HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">More than 5 years</FONT></B></P></TD>

   <TD style="HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other financial liabilities no derivative</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Bank borrowings</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,050,091 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">33,250,667 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">52,025,633 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">- </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">85,276,300 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Bond payable</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">74,508,233 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,606,949 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">28,255,440 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">64,742,891 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">98,605,280 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Financial leases obligations</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,559,874 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,505,697 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,148,941 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">28,871,228 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">35,525,866 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Deposits for return of bottles and containers</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,503,170 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,503,170 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">- </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">- </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">12,503,170 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Sub-Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">180,621,368 </FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">52,866,483 </FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">85,430,014 </FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">93,614,119 </FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">231,910,616 </FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Derivative financial liabilities</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Derivative hedge liabilities</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">107,698 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"><FONT style="FONT-SIZE: 8pt" face="Arial Narrow">107,876</FONT></FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"><FONT style="FONT-SIZE: 8pt" face="Arial Narrow">-</FONT></FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"><FONT style="FONT-SIZE: 8pt" face="Arial Narrow">107,876</FONT></FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Derivative financial instruments</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">171,470 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">171,471</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">171,471</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Sub-Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">279,168 </FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"><FONT style="FONT-SIZE: 8pt" face="Arial Narrow">279,347</FONT></FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"><FONT style="FONT-SIZE: 8pt" face="Arial Narrow">-</FONT></FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"><FONT style="FONT-SIZE: 8pt" face="Arial Narrow">279,347</FONT></FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">180,900,536 </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">53,<FONT style="FONT-SIZE: 8pt" face="Arial Narrow">145</FONT>,<FONT style="FONT-SIZE: 8pt" face="Arial Narrow">830</FONT> </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">85,<FONT style="FONT-SIZE: 8pt" face="Arial Narrow">430,014</FONT> </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">93,614,119 </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">232,189,963 </FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="35%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="52%" colSpan=4 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Contractual flows maturities</FONT></B></P></TD></TR>

<TR style="HEIGHT: 30pt">

   <TD style="HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Less than 1 year</FONT></B></P></TD>

   <TD style="HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Between 1 and 5 years</FONT></B></P></TD>

   <TD style="HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">More than 5 years</FONT></B></P></TD>

   <TD style="HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other financial liabilities no derivative</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Bank borrowings</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">95,822,149</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">51,813,214</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">52,789,648</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">104,602,862</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Bond payable</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">73,937,639</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">5,485,283</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">23,204,531</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">71,545,695</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100,235,509</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Financial leases obligations</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">17,392,945</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,681,160</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">5,228,658</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">28,911,336</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">35,821,154</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Deposits for return of bottles and containers</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11,787,424</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11,787,424</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11,787,424</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Sub-Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">198,940,157 </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">70,767,081 </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">81,222,837 </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">100,457,031 </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">252,446,949 </FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Derivative financial liabilities</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Derivative hedge liabilities</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">228,376</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">161,879</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(307,947)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(146,068)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Derivative financial instruments</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">684,317</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">684,317</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">684,317</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Sub-Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">912,693 </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">846,196 </FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(307,947)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">- </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">538,249 </FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">199,852,850 </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">71,613,277 </FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">80,914,890 </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">100,457,031 </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">252,985,198 </FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 1pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>View current and non-current book value in </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif>Note 6</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>.</FONT></P>

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<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm">&nbsp;</H1>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-35</FONT></P></DIV>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=ES-CL style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 6 </FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300 face=Arial>Financial Instruments</FONT></B></H1>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Financial instruments categories</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The following are the book values of each financial instrument category at the closing of each year:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="26%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="27%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Current</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Non current</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Current</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Non current</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cash and cash equivalents</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">192,554,239</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">214,774,876</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other financial assets</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,644,105</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">80,217</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">6,483,652</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">343,184</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Accounts receivable - trade and other receivable </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">252,225,937</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">238,602,893</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Acoounts receivable from related companies</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,788,930</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">445,938</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11,619,118</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">522,953</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Total financial assets</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">463,213,211</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">526,155</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">471,480,539</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">866,137</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bank borrowings</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">27,714,998</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">48,335,093</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">49,137,896</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">46,684,253</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bonds payable</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,155,239</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">71,352,994</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">3,029,425</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">70,908,214</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Financial leases obligations</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">321,416</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,238,458</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">518,139</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">16,874,806</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Derivative financial instruments</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">171,470</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">684,317</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Derivative hedge liabilities</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">107,698</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">161,092</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">67,284</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Deposits for return of bottles and containers</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,503,170</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11,787,424</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Total other non-financial liabililities (*)</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">43,973,991</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">136,926,545</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">65,318,293</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">134,534,557</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Account payable- trade and other payable</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">227,736,803</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,645,098</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">203,782,805</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">369,506</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Accounts payable to related entities </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,624,218</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">10,282,312</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Total financial liabilities </FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">283,335,012</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">138,571,643</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">279,383,410</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">134,904,063</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 1pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(*) See </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif>Note 27 - Other financial liabilities</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>.</FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 12pt 0cm 3pt" align=left>&nbsp;</H3>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-36</FONT></P></DIV>

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<TR style="HEIGHT: 45.35pt">

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="61%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0pt 0pt 0cm" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 12pt 0cm 3pt" align=left><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Financial instruments fair value</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>a)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Composition of financial assets and liabilities:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The following tables show the fair values, based on the financial instrument categories, as compared to the book value included in the Consolidated Statements of Financial Position:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="26%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="27%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Fair Value</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Fair Value</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cash and cash equivalents</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">192,554,239</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">192,554,239</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">214,774,876</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">214,774,876</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other financial assets</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,724,322</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,724,322</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">6,826,836</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">6,826,836</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Accounts receivable - trade and other receivable </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">252,225,937</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">252,225,937</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">238,602,893</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">238,602,893</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Acoounts receivable from related companies</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,234,868</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,234,868</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">12,142,071</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">12,142,071</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Total financial assets</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">463,739,366</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">463,739,366</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">472,346,676</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">472,346,676</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bank borrowings</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,050,091</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">77,380,452</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">95,822,149</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">98,167,470</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bonds payable</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">74,508,233</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">80,087,449</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">73,937,639</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">80,134,117</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Financial leases obligations</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">17,559,874</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">29,104,078</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">17,392,945</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">28,975,321</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Derivative financial instruments</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">171,470</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">171,470</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">684,317</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">684,317</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Derivative hedge liabilities</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">107,698</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">107,698</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">228,376</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">228,376</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Deposits for return of bottles and containers</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,503,170</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,503,170</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11,787,424</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11,787,424</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Total other non-financial liabililities (*)</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">180,900,536</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">199,354,317</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">199,852,850</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">219,977,025</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Account payable- trade and other payable</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">229,381,901</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">229,381,901</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">204,152,311</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">204,152,311</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Accounts payable to related entities </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,624,218</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,624,218</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">10,282,312</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">10,282,312</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Total financial liabilities </FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">421,906,655</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">440,360,436</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">414,287,473</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">434,411,648</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The book value of current accounts receivables, cash and cash equivalents and other financial assets and liabilities approximate fair value due to the short-term nature of such facilities, and in the case of accounts receivable, due to the fact that any collection loss is already reflected in the impairment loss provision.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The fair value of non-derivative financial assets and liabilities that are not quoted in active markets are estimated through the use of discounted cash flows calculated on market variables observed as of the date of the financial statements. The fair value of derivative instruments is estimated through the discount of future cash flows, determined according to information observed in the market &nbsp;&nbsp;&nbsp; or to variables and prices obtained from third parties.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The fair value of bank borrowings and Bonds payable have hierarchy level 2 of fair value.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>b)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Financial instruments as per category:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 60pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 60pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="47%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 60pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Fair value with changes in income</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 60pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Cash and cash equivalents and loans and accounts receivables </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 60pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Hedge derivatives </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 60pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Financial assets </FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Derivative financial instruments</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,365,572</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">816,622</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,182,194</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Marketable securities and investments in other companies</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,542,128</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,542,128</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Total other financial assets</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">12,907,700</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">816,622</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">13,724,322</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cash and cash equivalents</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">192,554,239</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">192,554,239</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Accounts receivable-trade and other receivables </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">252,225,937</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">252,225,937</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Account receivable from to related companies</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,234,868</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,234,868</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">12,907,700</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">450,015,044</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">816,622</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">463,739,366</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-37</FONT></P></DIV>

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<TR style="HEIGHT: 45.35pt">

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="61%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0pt 0pt 0cm" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<TR style="HEIGHT: 60pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 60pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="47%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 60pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Fair value with changes in income</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 60pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Hedge derivatives </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 60pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Financial libilities measured at amortized cost</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 60pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Financial liabilities </FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bank borrowings</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,050,091</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,050,091</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bonds payable</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">74,508,233</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">74,508,233</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Financial leases obligations</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,559,874</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,559,874</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Deposits for return of bottles and containers</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,503,170</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,503,170</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Derivative financial instruments </FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">171,470</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">107,698</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">279,168</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Total others financial liabililities </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">171,470</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">107,698</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">180,621,368</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">180,900,536</FONT></B></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Account payable- trade and other payable</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">229,381,901</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">229,381,901</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Accounts payable to related entities </FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,624,218</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,624,218</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">171,470</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">107,698</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">421,627,487</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">421,906,655</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 63.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 63.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="47%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 63.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Fair value with changes in income</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 63.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Cash and cash equivalents and loans and accounts receivables </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 63.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Hedge derivatives </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 63.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Financial assets</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Derivative financial instruments</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,467,620</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">343,184</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,810,804</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Marketable securities and investments in other companies</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,016,032</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,016,032</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Total other financial assets</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">6,483,652</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">343,184</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">6,826,836</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cash and cash equivalents</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">214,774,876</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">214,774,876</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Accounts receivable-trade and other receivables </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">238,602,893</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">238,602,893</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Account receivable from to related companies</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,142,071</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,142,071</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">6,483,652</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">465,519,840</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">343,184</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">472,346,676</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 60pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 60pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="47%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 60pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Fair value with changes in income</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 60pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Hedge derivatives </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 60pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Financial libilities measured at amortized cost</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 60pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Financial liabilities </FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bank borrowings</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">95,822,149</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">95,822,149</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bonds payable</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">73,937,639</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">73,937,639</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Financial leases obligations</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,392,945</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,392,945</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Deposits for return of bottles and containers</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,787,424</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,787,424</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Derivative financial instruments </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">684,317</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">228,376</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">912,693</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Total others financial liabililities </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">684,317</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">228,376</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">198,940,157</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">199,852,850</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Account payable- trade and other payable</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">204,152,311</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">204,152,311</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Accounts payable to related entities </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,282,312</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,282,312</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">684,317</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">228,376</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">413,374,780</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">414,287,473</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-38</FONT></P></DIV>

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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

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<TR style="HEIGHT: 45.35pt">

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="61%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0pt 0pt 0cm" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Derivative Instruments</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The detail of maturities, number of derivative agreements, contracted nominal amounts, fair values and the classification of such derivative instruments as per type of agreement at the closing of each year is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="40%" colSpan=4 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="40%" colSpan=4 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 25.5pt">

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Number agreements</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Notional amounts thousand</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Asset</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Liability</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Number agreements</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Notional amounts thousand</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Asset</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Liability</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 23.25pt">

   <TD style="HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Cross interest rate swaps USD/USD</FONT></B></P></TD>

   <TD style="HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1</FONT></B></P></TD>

   <TD style="HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">10,094</FONT></B></P></TD>

   <TD style="HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">107,698</FONT></B></P></TD>

   <TD style="HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">2</FONT></B></P></TD>

   <TD style="HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">18,185</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">184,999</FONT></B></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Less than a year</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#ccffcc face="arial narrow,sans-serif">1</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,094</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">107,698</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,185</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">117,713</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Between 1 and 5 years</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#ccffcc face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,000</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">67,286</FONT></P></TD></TR>

<TR style="HEIGHT: 23.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Cross currency interest rate swaps USD/EURO</FONT></B></P></TD>

   <TD style="HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">2</FONT></B></P></TD>

   <TD style="HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">12,353</FONT></B></P></TD>

   <TD style="HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">816,622</FONT></B></P></TD>

   <TD style="HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">4,499</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">343,184</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">43,377</FONT></B></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Less than a year</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#ccffcc face="arial narrow,sans-serif">1</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,477</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">736,405</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">63</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">43,377</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Between 1 and 5 years</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#ccffcc face="arial narrow,sans-serif">1</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,877</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">80,217</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,436</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">343,184</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Forwards USD</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">27</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">148,404</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">9,276,156</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">117,151</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">30</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">93,709</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">5,467,620</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">570,413</FONT></B></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Less than a year</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#ccffcc face="arial narrow,sans-serif">27</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">148,404</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,276,156</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">117,151</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">30</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">93,709</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,467,620</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">570,413</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Forwards Euro</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">7</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11,981</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">57,834</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">52,368</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">8</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11,975</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">98,507</FONT></B></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Less than a year</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#ccffcc face="arial narrow,sans-serif">7</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,981</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">57,834</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">52,368</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">8</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,975</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">98,507</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Forwards CAD</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">4</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,500</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">18,192</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,951</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">870</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,622</FONT></B></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Less than a year</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#ccffcc face="arial narrow,sans-serif">4</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,500</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">18,192</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,951</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">870</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,622</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Forwards GBP</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">3</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">865</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">13,390</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">2</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,060</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">13,775</FONT></B></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Less than a year</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#ccffcc face="arial narrow,sans-serif">3</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">865</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,390</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,060</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,775</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Total derivative instruments</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">44</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">10,182,194</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">279,168</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">44</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">5,810,804</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">912,693</FONT></B></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>These derivative agreements have been entered into as a hedge of exchange rate risk exposure. In the case of forwards, the Company does not comply with the formal requirements for hedging classified; consequently their effects are recorded in Income, in Other gains (losses), separately from the hedged item.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-39</FONT></P></DIV>

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<TR style="HEIGHT: 45.35pt">

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="61%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0pt 0pt 0cm" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In the case of Cross Currency Interest Rate Swaps and the Cross Interest Rate Swaps, these qualify as cash flow hedges of the flows related to loans from Banco de Chile and Banco Scotiabank. See additional disclosures in </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 27</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<TR style="HEIGHT: 12pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="100%" colSpan=8 noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD></TR>

<TR style="HEIGHT: 48.75pt">

   <TD style="HEIGHT: 48.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Entity</FONT></B></P></TD>

   <TD style="HEIGHT: 48.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=3 width="24%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Nature of risks covered</FONT></B></P></TD>

   <TD style="HEIGHT: 48.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Rights</FONT></B></P></TD>

   <TD style="HEIGHT: 48.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Obligations</FONT></B></P></TD>

   <TD style="HEIGHT: 48.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Fair value of net asset (liabilities)</FONT></B></P></TD>

   <TD style="HEIGHT: 48.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=3 width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Maturity</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12pt">

   <TD style="HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Currency</FONT></B></P></TD>

   <TD style="HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Amount</FONT></B></P></TD>

   <TD style="HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Currency</FONT></B></P></TD>

   <TD style="HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Amount</FONT></B></P></TD>

   <TD style="HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Amount</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12pt">

   <TD style="HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12pt">

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Scotiabank</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Interest rate and exchange rate in bank obligations</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,700,299</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">EUR</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,589,172</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">111,127</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">18-06-2018</FONT></P></TD></TR>

<TR style="HEIGHT: 12pt">

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Banco de Chile</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Interest rate and exchange rate in bank obligations</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,205,865</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">EUR</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,500,370</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">705,495</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11-07-2016</FONT></P></TD></TR>

<TR style="HEIGHT: 12pt">

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Banco de Chile</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Interest rate on bank loans</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,227,245</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,334,943</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(107,698)</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">07-07-2016</FONT></P></TD></TR>

<TR style="HEIGHT: 12pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="24%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="100%" colSpan=8 noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 48.75pt">

   <TD style="HEIGHT: 48.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Entity</FONT></B></P></TD>

   <TD style="HEIGHT: 48.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=3 width="24%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Nature of risks covered</FONT></B></P></TD>

   <TD style="HEIGHT: 48.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Rights</FONT></B></P></TD>

   <TD style="HEIGHT: 48.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Obligations</FONT></B></P></TD>

   <TD style="HEIGHT: 48.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Fair value of net asset (liabilities)</FONT></B></P></TD>

   <TD style="HEIGHT: 48.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=3 width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Maturity</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Currency</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Amount</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Currency</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Amount</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Amount</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12pt">

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Scotiabank</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Interest rate on bank loans</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,862,197</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,870,405</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(8,208)</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">22-06-2015</FONT></P></TD></TR>

<TR style="HEIGHT: 12pt">

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Banco de Chile</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Interest rate and exchange rate on bank loans</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,718,035</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">EUR</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,418,228</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">299,807</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11-07-2016</FONT></P></TD></TR>

<TR style="HEIGHT: 12pt">

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Banco de Chile</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Interest rate on bank loans</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,128,184</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,304,976</FONT></P></TD>

   <TD style="HEIGHT: 12pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(176,792)</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">07-07-2016</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="24%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=windowtext face=Arial,sans-serif>The Consolidated Statement of Other Comprehensive Income includes under the caption cash flow hedge, for the years ended December 31, 2015,&nbsp;a debit before income taxes of ThCh$ 80,693 (a credit before incomes taxes of ThCh$ 155,258 and a debit of ThCh$ 256,592, in 2014 and 2013, respectively), relating to the fair value of the Cross Currency Interest Swap and Cross Interest Rate Swap derivatives instruments.</FONT></H3>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Fair value hierarchies</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The financial instruments recorded at fair value in the Statement of Financial Position are classified as follows, depending on the method used to obtain their fair values:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Level 1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fair values obtained through direct reference to quoted market prices, without any adjustment.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 70.5pt; TEXT-INDENT: -70.5pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Level 2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fair values obtained through the use of valuation models accepted in the market and based on prices different from those of Level 1, which may be directly or indirectly observed as of the measurement date (adjusted prices).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 70.5pt; TEXT-INDENT: -70.5pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Level 3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair values obtained through internally developed models or methodologies that use information which may not be observed or which is illiquid.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-40</FONT></P></DIV>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The fair value of financial instruments recorded at fair value in the Consolidated Financial Statements, are as follows:</FONT></P>

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   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="47%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Recorded fair value</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Fair value hierarchy </FONT></B></P></TD></TR>

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   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Level 1</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Level 2</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Level 3</FONT></B></P></TD></TR>

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   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Derivative financial instruments</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,365,572</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,365,572</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Market securities and investments in other companies</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,542,128</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,542,128</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Derivative hedge assets</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">816,622</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">816,622</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Fair value financial assets </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">13,724,322</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">3,542,128</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">10,182,194</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Derivative hedge liabilities </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">107,698</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">107,698</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Derivative financial instruments </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">171,470</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">171,470</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Fair value financial liabilities</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">279,168</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">279,168</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">&nbsp;</TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">&nbsp;</TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">&nbsp;</TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">&nbsp;</TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">&nbsp;</TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="47%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Recorded fair value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="40%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Fair value hierarchy </FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Level 1</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Level 2</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Level 3</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Derivative financial instruments</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,467,620</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,467,620</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Market securities and investments in other companies</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,016,032</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,016,032</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Derivative hedge assets</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">343,184</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">343,184</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Fair value financial assets </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">6,826,836</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,016,032</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">5,810,804</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Derivative hedge liabilities </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">228,376</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">228,376</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Derivative financial instruments </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">684,317</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">684,317</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Fair value financial liabilities</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">912,693</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">912,693</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>During year ended as of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, the Company has not made any significant instrument transfer between levels 1 and 2.</FONT></P>

<H3 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 0cm 3pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif>Credit Quality of financial assets</FONT></I></B></H3>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 5pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company uses two credit assessment systems for its clients: a) Clients with loan insurance are assessed according to the external risk criteria (trade reports, non-compliance and protested documents that are available in the local market), payment capability and equity situation required by the insurance company to grant a loan coverage; b) All other the clients are assessed through an ABC risk model, which considers internal risk (non-compliance and protested documents), external risk (trade reports, non-compliance and protested documents that&nbsp; are available in the local market) and payment capacity and equity situation. The uncollectible rate during the last two years has not been significant.</FONT></P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm">&nbsp;</H1>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-41</FONT></P></DIV>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0pt 0pt 0cm" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 7 </FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300 face=Arial>Financial Information as per operating segments</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-GB style="FONT-SIZE: 5pt" face=Arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 12pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=arial,sans-serif>The Company has defined three Operating segments, essentially defined with respect to its revenues in the geographic areas of commercial activity: 1. Chile, 2. International business and 3. Wine. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 12pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=arial,sans-serif>From the fourth quarter of 2015 onwards, was created the Committee of International Business, which brings together management of the business activities regarding the geographical areas Argentina, Uruguay and Paraguay. Following this change, the R&#237;o de la Plata Operating segment (consisting of the business activities referred to) will be renamed into the International Business Operating Segment. The Committee of International Business will at the same time represent and look after the interests associated with the investments in Bolivia and Colombia, which will continue to report its results under Equity and income of JVs and associated on a consolidated basis.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 12pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=arial,sans-serif>These Operating segments mentioned are consistent with the way the Company is managed and how results are reported by CCU. These segments reflect separate operating results which are regularly reviewed by each segment chief operating decision maker in order to make decisions about the resources to be allocated to the segment and assess its performance. </FONT></P>

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<TR style="HEIGHT: 13.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 13.5pt; BACKGROUND: #1f4130; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="21%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Operating segment</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 13.5pt; BACKGROUND: #1f4130; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="79%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Products</FONT></B></P></TD></TR>

<TR style="HEIGHT: 15pt">

   <TD style="HEIGHT: 15pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=top width="21%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 15pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=top width="79%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Beers, non-alcoholic beverages and spirits.</FONT></P></TD></TR>

<TR style="HEIGHT: 15pt">

   <TD style="HEIGHT: 15pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=top width="21%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">International business</FONT></P></TD>

   <TD style="HEIGHT: 15pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=top width="79%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Beers, cider, non-alcoholic beverages and spirits in Argentina, Uruguay and Paraguay.</FONT></P></TD></TR>

<TR style="HEIGHT: 15pt">

   <TD style="HEIGHT: 15pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=top width="21%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Wines</FONT></P></TD>

   <TD style="HEIGHT: 15pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=top width="79%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Wines, mainly in export markets to more 80 countries.</FONT></P></TD></TR>

<TR style="HEIGHT: 9.75pt">

   <TD style="HEIGHT: 9.75pt; BACKGROUND: #1f4130; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="100%" colSpan=2 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 6pt" color=white face=Arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 12pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=arial,sans-serif>Corporate revenues and expenses are presented separately within the Other segment. In addition this segment presents the elimination of transactions between segments.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 12pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=arial,sans-serif>The Company does not have any customers representing more than 10% of consolidated revenues.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 12pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=arial,sans-serif>The detail of the segments is presented in the following tables.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-42</FONT></P></DIV>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0pt 0pt 0cm" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>a)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Information as per operating segments for the years ended as of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015 and 2014</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>:</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 33.05pt 0pt 3.3pt" align=left><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

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<TR style="HEIGHT: 18pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 18pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 18pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Chile Operating segment</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 18pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">International business segment operation</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 18pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Wines operating segment</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 18pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Others</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 18pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD></TR>

<TR style="HEIGHT: 9.75pt">

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales revenue external customers</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">885,769,609</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">813,639,952</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">400,051,022</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">292,152,707</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">184,169,165</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">168,139,809</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,469,989,796</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,273,932,468</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Other income</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">10,238,408</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">9,100,957</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">4,708,728</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">3,992,902</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">5,214,674</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">3,918,028</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">8,220,109</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">7,021,944</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">28,381,919</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">24,033,831</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales revenue between segments</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">6,013,177</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">7,600,483</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">953,967</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">3,522,074</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">131,209</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">290,716</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(7,098,353)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(11,413,273)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Net sales</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">902,021,194</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">830,341,392</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">405,713,717</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">299,667,683</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">189,515,048</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">172,348,553</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,121,756</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(4,391,329)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,498,371,715</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,297,966,299</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; Change %</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">8.6</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">35.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">10.0</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">15.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Cost of sales</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(420,297,983)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(383,558,625)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(162,665,341)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(136,174,602)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(105,956,281)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(97,523,601)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">3,844,354</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">12,720,013</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(685,075,251)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(604,536,815)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; % of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">46.6</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">46.2</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">40.1</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">45.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">55.9</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">56.6</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">45.7</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">46.6</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Gross margin</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">481,723,211</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">446,782,767</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">243,048,376</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">163,493,081</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">83,558,767</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">74,824,952</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">4,966,110</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">8,328,684</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">813,296,464</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">693,429,484</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; % of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">53.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">53.8</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">59.9</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">54.6</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">44.1</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">43.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">54.3</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">53.4</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">MSD&amp;A (1)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(328,488,527)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(317,765,236)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(216,098,525)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(154,299,739)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(51,070,291)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(50,284,130)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(16,907,433)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(13,253,897)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(612,564,776)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(535,603,002)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; % of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">36.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">38.3</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">53.3</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">51.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">26.9</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">29.2</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">40.9</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">41.3</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Other operating income (expenses)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">688,920</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">722,478</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">3,315,892</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">20,173,967</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">44,823</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">238,952</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">155,675</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">2,585,913</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">4,205,310</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">23,721,310</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Operating result before Exceptional Items (EI)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">153,923,604</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">129,740,009</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">30,265,743</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">29,367,309</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">32,533,299</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">24,779,774</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(11,785,648)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(2,339,300)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">204,936,998</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">181,547,792</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; Change %</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">18.6</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">3.1</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">31.3</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">12.9</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; % of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">17.1</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">15.6</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">7.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">9.8</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">17.2</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">14.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">13.7</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">14.0</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Exceptional Items (EI) (2)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,214,505)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(412,995)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,627,500)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Operating result (3)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">153,923,604</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">129,740,009</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">30,265,743</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">28,152,804</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">32,533,299</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">24,779,774</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(11,785,648)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(2,752,295)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">204,936,998</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">179,920,292</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; Change %</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">18.6</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">7.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">31.3</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">13.9</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; % of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">17.1</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">15.6</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">7.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">9.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">17.2</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">14.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">13.7</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">13.9</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Net financial expense</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(15,255,586)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(10,820,891)</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="HEIGHT: 17.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Equity and income of associates and joint ventures</FONT></P></TD>

   <TD style="HEIGHT: 17.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 17.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 17.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 17.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 17.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 17.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 17.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 17.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 17.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(5,228,135)</FONT></P></TD>

   <TD style="HEIGHT: 17.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(898,607)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Foreign currency exchange differences</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">957,565</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(613,181)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Results as per adjustment units</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(3,282,736)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(4,159,131)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Other gains (losses)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">8,512,000</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">4,036,939</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Income before taxes</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">190,640,106</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">167,465,421</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Income taxes</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(50,114,516)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(46,673,500)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Net income for year</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">140,525,590</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">120,791,921</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Non-controlling interests</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">19,717,455</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">14,553,471</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Net income attributable to equity holders of the parent</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">120,808,135</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">106,238,450</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Depreciation and amortization</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">45,766,393</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">38,832,969</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">14,334,415</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">11,194,117</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">7,568,991</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">7,115,790</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">13,897,003</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">11,464,690</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">81,566,802</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">68,607,566</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">ORBDA before EI</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">199,689,997</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">168,572,978</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">44,600,158</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">40,561,426</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">40,102,290</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">31,895,564</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">2,111,355</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">9,125,390</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">286,503,800</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">250,155,358</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; Change %</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">18.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">10.0</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">25.7</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">14.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; % of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">22.1</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">20.3</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">11.0</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">13.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">21.2</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">18.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">19.1</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">19.3</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">ORBDA (4)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">199,689,997</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">168,572,978</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">44,600,158</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">39,346,921</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">40,102,290</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">31,895,564</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">2,111,355</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">8,712,395</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">286,503,800</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">248,527,858</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; Change %</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">18.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">13.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">25.7</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">15.3</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; % of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">22.1</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">20.3</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">11.0</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">13.1</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">21.2</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">18.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">19.1</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">19.1</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>(1)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>MSD&amp;A, included Marketing, Selling, Distribution and Administrative expenses. </FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 33.05pt 0pt 14.2pt; TEXT-INDENT: -14.2pt" align=left><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>(2)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>Exceptional Items are income or expenses that do not occur regularly as part of the normal activities of the Company. It&#8217;s presented separately because its important items for the understanding the normal operations of the Company due to importance or nature.</FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif> </FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>During the year 2014, the Company has considered this result as an Exceptional Items related to different restructuring process of operating segments.</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 33.05pt 0pt 14.2pt; TEXT-INDENT: -14.2pt" align=left><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>(3)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>Operating result (For management purposes we have defined as earnings before other gains (losses), net financial expense, equity and income of joint venture, foreign currency exchange differences, result as per adjustment units and income taxes).</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 33.05pt 0pt 14.2pt; TEXT-INDENT: -14.2pt" align=left><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>(4)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>ORBDA (For management purpose we have defined as Operating Result before Depreciation and Amortization).</FONT></P>

<P></P></DIV>

<P><FONT face=Arial></FONT></P></DIV></DIV></DIV></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-43</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>b)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Information as per operating segments for the years ended as of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2014 and 2013</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Chile Operating segment</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">International business segment operation</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Wines operating segment</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Others</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD></TR>

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   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales revenue external customers</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">813,639,952</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">751,079,523</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">292,152,707</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">274,029,865</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">168,139,809</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">146,938,005</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,273,932,468</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,172,047,393</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Other income</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">9,100,957</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">8,560,450</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">3,992,902</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">7,405,658</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">3,918,028</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">4,524,947</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">7,021,944</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">4,688,062</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">24,033,831</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">25,179,117</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales revenue between segments</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">7,600,483</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">5,555,707</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">3,522,074</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">999,777</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">290,716</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">792,495</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(11,413,273)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(7,347,979)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Net sales</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">830,341,392</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">765,195,680</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">299,667,683</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">282,435,300</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">172,348,553</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">152,255,447</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(4,391,329)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(2,659,917)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,297,966,299</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,197,226,510</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; Change %</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">8.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">6.1</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">13.2</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">8.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Cost of sales</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(383,558,625)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(343,230,330)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(136,174,602)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(113,264,790)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(97,523,601)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(92,864,092)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">12,720,013</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">12,662,578</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(604,536,815)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(536,696,634)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; % of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">46.2</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">44.9</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">45.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">40.1</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">56.6</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">61.0</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">46.6</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">44.8</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Gross margin</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">446,782,767</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">421,965,350</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">163,493,081</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">169,170,510</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">74,824,952</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">59,391,355</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">8,328,684</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">10,002,661</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">693,429,484</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">660,529,876</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; % of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">53.8</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">55.1</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">54.6</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">59.9</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">43.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">39.0</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">53.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">55.2</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">MSD&amp;A (1)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(317,765,235)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(275,202,656)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(154,299,739)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(142,972,002)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(50,284,131)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(46,036,147)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(13,253,897)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(9,312,740)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(535,603,002)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(473,523,545)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; % of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">38.3</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">36.0</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">51.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">50.6</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">29.2</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">30.2</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">41.3</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">39.6</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Other operating income (expenses)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">722,478</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,385,111</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">20,173,967</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,038,067</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">238,952</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(166,311)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">2,585,913</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,991,965</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">23,721,310</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">4,248,832</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Operating result before Exceptional Items (EI) &nbsp;</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">129,740,010</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">148,147,805</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">29,367,309</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">27,236,575</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">24,779,773</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">13,188,897</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(2,339,300)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">2,681,886</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">181,547,792</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">191,255,163</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; Change %</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(12.4)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">7.8</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">87.9</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(5.1)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; % of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">15.6</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">19.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">9.8</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">9.6</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">14.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">8.7</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">14.0</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">16.0</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Exceptional Items (EI) (2)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(780,458)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,214,505)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(543,111)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(275,700)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(412,995)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,390,060)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,627,500)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(2,989,329)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Operating result (3)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">129,740,010</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">147,367,347</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">28,152,804</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">26,693,464</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">24,779,773</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">12,913,197</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(2,752,295)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,291,826</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">179,920,292</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">188,265,834</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; Change %</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(12.0)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">5.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">91.9</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(4.4)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; % of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">15.6</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">19.3</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">9.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">9.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">14.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">8.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">13.9</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">16</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Net financial expense</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(10,820,891)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(15,830,056)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Equity and income of associates and joint ventures</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(898,607)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">308,762</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Foreign currency exchange differences</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(613,181)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(4,292,119)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Results as per adjustment units</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(4,159,131)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,801,765)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Other gains (losses)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">4,036,939</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">958,802</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Income before taxes</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">167,465,421</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">167,609,458</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Income taxes</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(46,673,500)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(34,704,907)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Net income for year</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">120,791,921</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">132,904,551</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Non-controlling interests</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">&nbsp;</TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">14,553,471</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">9,868,543</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Net income attributable to equity holders of the parent</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">106,238,450</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">123,036,008</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Depreciation and amortization</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">38,832,969</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">37,534,253</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">11,194,117</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">9,957,053</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">7,115,790</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">7,238,886</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">11,464,690</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">9,516,304</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">68,607,566</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">64,246,496</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">ORBDA before EI</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">168,572,979</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">185,682,058</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">40,561,426</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">37,193,628</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">31,895,563</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">20,427,783</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">9,125,390</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">12,198,190</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">250,155,358</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">255,501,659</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; Change %</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(9.2)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">9.1</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">56.1</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(2.1)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; % of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">20.3</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">24.3</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">13.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">13.2</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">18.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">13.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">19.3</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">21.3 </FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">ORBDA (4)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">168,572,979</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">184,901,600</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">39,346,921</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">36,650,517</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">31,895,563</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">20,152,083</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">8,712,395</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">10,808,130</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">248,527,858</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">252,512,330</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; Change %</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(8.8)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">7.4</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">58.3</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1.6)</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">&nbsp; % of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">20.3</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">24.2</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">13.1</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">13.0</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">18.5</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">13.2</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">19.1</FONT></P></TD>

   <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">21.1</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 33.05pt 0pt 21.3pt; TEXT-INDENT: -18pt" align=left><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>(1)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>MSD&amp;A, included Marketing, Selling, Distribution and Administrative expenses. </FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 33.05pt 0pt 21.3pt; TEXT-INDENT: -18pt" align=left><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>(2)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>Exceptional Items are income or expenses that do not occur regularly as part of the normal activities of the Company. It&#8217;s presented separately because its important items for the understanding the normal operations of the Company due to importance or nature.For the year 2013, the Company</FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif> </FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>has considered this result as an Exceptional items (EI) related to restructuring process which implied the early retirement of managers replaced internally, promotions and the sole and exceptional payments of incentives to the leaving and remaining personnel.</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 33.05pt 0pt 21.3pt; TEXT-INDENT: -18pt" align=left><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>(3)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>Operating result (For management purposes we have defined as earnings before other gains (losses), net financial expense, equity and income of joint venture, foreign currency exchange differences, result as per adjustment units and income taxes).</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 33.05pt 0pt 21.3pt; TEXT-INDENT: -18pt" align=left><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>(4)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>ORBDA (For management purpose we have defined as Operating Result before Depreciation and Amortization).</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 33.05pt 0pt 3.3pt" align=left><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Sales information by geographic location</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<TR style="HEIGHT: 30pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Net sales per geographical location</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="41%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,081,835,420 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">991,938,043 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">907,947,965 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">366,886,701 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">264,631,403 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">279,342,525 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">14,432,950 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,204,806 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,936,020 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Paraguay</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">35,216,644 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">30,192,047 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">- </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,498,371,715</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,297,966,299</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,197,226,510</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 1pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>See distribution of domestic and exports revenues in</FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif> Note 9</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Depreciation and amortization as per operating segments</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 30pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Property, plant and equipment depreciation and amortization of software</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="41%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile Operating segment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">45,766,393 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">38,832,969 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">37,534,253 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">International business segment operation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">14,334,415 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,194,117 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,957,053 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Wines operating segment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,568,991 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,115,790 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,238,886 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,897,003 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,464,690 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,516,304 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">81,566,802</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">68,607,566</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">64,246,496</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 1pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>(1)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>Others includes depreciation and amortization corresponding to the Corporate Support Units and Strategic Service Units.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-45</FONT></P>

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<TR style="HEIGHT: 45.35pt">

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="61%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0pt 0pt 0cm" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Capital expenditures as per operating segments</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 30pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Capital expenditures (property, plant and equipment and software additions)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="41%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile Operating segment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">72,292,561 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">85,904,965 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">70,441,360 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">International business segment operation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">27,871,662 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">33,481,407 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">29,779,226 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Wines operating segment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,052,863 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,686,080 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,839,881 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">21,513,836 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">98,007,700 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">19,498,562 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">131,730,922</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">230,080,152</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">124,559,029</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 6pt" face=Arial,sans-serif>(1)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>Others includes the capital investments corresponding to the Corporate Support Units and Strategic Service Units.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Assets as per operating segments</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="72%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Assets per segment</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile Operating segment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">685,295,557 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">653,728,891 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">International business segment operation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">256,319,478 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">275,037,618 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Wines operating segment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">308,288,465 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">297,145,081 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">573,453,051 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">542,989,483 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,823,356,551 </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,768,901,073 </FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 68.05pt; TEXT-INDENT: -68.05pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>(1)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>Others includes goodwill and the assets corresponding to the Corporate Support Units and Strategic Service Units.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 8pt" face=Arial,sans-serif>&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; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Assets per geographic location</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="72%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Assets per geographical location</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,555,550,811 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,480,587,584 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">188,897,724 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">211,886,432 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">25,703,157 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">23,971,219 </FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Paraguay</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">53,204,859 </FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">52,455,838 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,823,356,551 </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,768,901,073 </FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Liabilites as per operating segments</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 38.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 38.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="72%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Liabilites per segments</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 38.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 38.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile Operating segment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">328,182,912 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">370,380,118 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">International business segment operation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">97,680,139 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">125,647,902 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Wines operating segment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">102,780,420 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">99,164,051 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">107,190,935 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">25,209,084 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">635,834,406 </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">620,401,155 </FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt"><FONT lang=EN-US style="FONT-SIZE: 2pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 68.05pt; TEXT-INDENT: -68.05pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(1)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>O</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>thers includes liabilites corresponding to the Corporate Support Units and Strategic Service Units.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-46</FONT></P>

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<TR style="HEIGHT: 45.35pt">

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="61%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0pt 0pt 0cm" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Operating Segment&#8217;s additional information</FONT></I></B></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><B><I><FONT lang=EN-US style="FONT-SIZE: 11pt" color=#003300 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Consolidated Statement of Income classified according to the Company&#8217;s operations management is as follows:</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<TR style="HEIGHT: 36pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="50%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">CONSOLIDATED STATEMENT OF INCOME</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=3 width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Notes</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="40%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face=Arial,sans-serif>For the years ended December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Sales revenue external customers</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,469,989,796</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,273,932,468</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,172,047,393</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other income</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">28,381,919</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">24,033,831</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">25,179,117</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Net sales</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,498,371,715</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,297,966,299</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,197,226,510</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Change %</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">15.4</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">8.4</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Cost of sales</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(685,075,251)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(604,536,815)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(536,696,634)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">% of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">45.7</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">46.6</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">44.8</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Gross margin</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">813,296,464</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">693,429,484</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">660,529,876</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">% of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">54.3</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">53.4</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">55.2</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">MSD&amp;A (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(612,564,776)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(535,603,002)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(473,523,545)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">% of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">40.9</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">41.3</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">39.6</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other operating income (expenses)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">4,205,310</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">23,721,310</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">4,248,832</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Operating result before Exceptional Items (EI) </FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">204,936,998</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">181,547,792</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">191,255,163</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Change %</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">12.9</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(5.1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">% of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">13.7</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">14.0</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">16.0</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Exceptional Items (EI) (2)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,627,500)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2,989,329)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Operating result (3)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">204,936,998</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">179,920,292</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">188,265,834</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Change %</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">13.9</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(4.4)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">% of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">13.7</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">13.9</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">15.7</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Net financial expense</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(15,255,586)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(10,820,891)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(15,830,056)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Equity and income of associates and joint ventures</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">20</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(5,228,135)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(<FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">898,607</FONT>)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">308,762</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Foreign currency exchange differences</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">957,565</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(613,181)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(4,292,119)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Results as per adjustment units</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(3,282,736)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(4,159,131)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,801,765)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other gains (losses)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">13</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">8,512,000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">4,036,939</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">958,802</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Income before taxes</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">190,640,106</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">167,465,421</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">167,609,458</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Income taxes</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">26</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(50,114,516)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(46,673,500)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(34,704,907)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Net income for year</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">140,525,590</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">120,791,921</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">132,904,551</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Non-controlling interests</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">32</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">19,717,455</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">14,553,471</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">9,868,543</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Net income attributable to equity holders of the parent</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">120,808,135</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">106,238,450</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">123,036,008</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Depreciation and amortization</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">81,566,802</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">68,607,566</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">64,246,496</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">ORBDA before EI</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">286,503,800</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">250,155,358</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">255,501,659</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Change %</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">14.5</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2.1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">% of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">19.1</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">19.3</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">21.3</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">ORBDA (4)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">286,503,800</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">248,527,858</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">252,512,330</FONT></B></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Change %</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: white; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">15.3</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1.6)</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">% of Net sales</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">19.1</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">19.1</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">21.1</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face=Arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face=Arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face=Arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face=Arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face=Arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>See definition of (1), (2), (3) and (4) in information as per Operating segment. </FONT></P>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-47</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><FONT lang=EN-GB style="FONT-SIZE: 8pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=windowtext face=Arial,sans-serif>(4) The following is a reconciliation of our income operational activities, the most directly comparable IFRS measure to Operating Result for the years ended on&nbsp;December 31, 2015, 2014 and 2013:</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<TR style="HEIGHT: 36pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="41%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face=Arial,sans-serif>For the years ended December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Income from operational activities</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">213,448,998</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">183,957,231</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">189,224,636</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Add (Subtract):</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Results derivative contracts</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(9,839,675)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(4,152,548)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2,390,493)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Marketable securities to fair value</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(36,280)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">103,306</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">107,914</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Other</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,363,955</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">12,303</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,323,777</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Exceptional Items (EI) (2)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,627,500</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">2,989,329</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Operating result before EI</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">204,936,998</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">181,547,792</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">191,255,163</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Exceptional Items (EI) (2)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,627,500)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2,989,329)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Operating result (1)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">204,936,998</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">179,920,292</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">188,265,834</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>See definition of (1) and (2) in information as per Operating segment.</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>&nbsp;</DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm">&nbsp;</H1>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-48</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

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   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=ES-CL style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 8 </FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300 face=Arial>Business Combinations </FONT></B></H1>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>a) Bebidas del Paraguay S.A. and Distribuidora del Paraguay S.A.</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES style="FONT-SIZE: 7pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; FONT-STYLE: normal" color=#339966 face=Arial,sans-serif>Year 2013 Acquisitions</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>During</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif> December 2013, the Company acquired 50.005% and 49.96% of the stock of Bebidas del Paraguay S.A. and Distribuidora del Paraguay S.A., respectively. This transaction allows the Company, to participate in the beer distribution business, and production and marketing of non-alcoholic drinks, waters and nectars. The total amount of this transaction was ThCh$ 11,254,656.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On June 9, 2015 the committed equity of ThCh$7,414,290 was paid. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>For the acquisition of the Paraguayan companies, the Company have been determined the fair values of the assets, liabilities and contingent liabilities, generating goodwill and trademarks for an amount of ThCh$ 5,566,003 and <BR>ThCh$ 3,658,167, respectively, among others (</FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 21 and 22</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On December 23, 2014, the Company signed a contract with its subsidiary CCU Inversiones II Limited, in which the last acquired all of stock of Bebidas del Paraguay S.A. and Distribuidora del Paraguay S.A.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Bebidas del Paraguay S.A. (BdP) and Distribuidora del Paraguay S.A. (DdP) are considered as an economic group that share operational and financial strategy. BdP manufactures products with different brands of its property. DdP is sole and exclusive customer, which is responsible for the distribution and marketing of its products, reason why BdP is it consolidates DdP.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>It is expected that the acquisition of these companies increases their productive capacities, through the expansion of their productive assets, growth in market share through the various brands market and participation in local and foreign markets, as well as operational improvements as a result of synergies obtained in the operational and administrative functions.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>b) Manantial S.A.</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; FONT-STYLE: normal" color=#339966 face=Arial,sans-serif>Year 2013 Acquisitions</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On June 7, 2013, the Company proceeded to pay outstanding balance of ThCh$ 1,781,909 related to the acquisition of Manantial S.A. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>c) </FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015, the Company has not made business combinations.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=ES-CL style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 9 </FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif>Net Sales</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Net sales distributed between domestic and export, are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="41%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Domestic sales</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,374,282,584</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,188,231,333</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,102,834,492</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Exports sales</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">124,089,131</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">109,734,966</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">94,392,018</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,498,371,715</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,297,966,299</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,197,226,510</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-49</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0pt 0pt 0cm" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

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<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 10 </FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif>Nature of cost and</FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif> expense</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Operational cost and expense grouped by natural classification are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<TR style="HEIGHT: 26.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 26.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 26.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="41%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

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   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Raw material cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">485,391,583</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">433,749,832</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">382,645,778</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Materials and maintenance expense</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">43,093,939</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">38,678,842</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">32,596,344</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Personnel expense (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">197,915,151</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">169,331,464</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">155,010,442</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Transportation and distribution</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">234,431,464</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">201,371,151</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">184,417,248</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Advertising and promotion expense</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">117,921,841</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">105,649,991</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">85,063,591</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Lease expense</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,641,122</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,347,091</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,201,288</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Energy expense</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">25,178,032</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">29,566,627</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">25,398,656</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Depreciation and amortization</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">81,566,802</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">68,607,566</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">64,246,496</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other expenses</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">100,872,027</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">83,207,159</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">72,889,696</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,300,011,961</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,143,509,723</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,014,469,539</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 2pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=windowtext face=Arial,sans-serif>(1)</FONT><FONT lang=ES-CL style="FONT-SIZE: 7pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=windowtext face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>See</FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif> Note 31 Employee benefits.</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 32.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=#339966 face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 32.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=#339966 face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=ES-CL style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 11 </FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif>Financial results</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The financial income composition for the year ended as of December 31, 2015, 2014 and 2013, is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 27pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 27pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 27pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="41%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Financial Results</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Financial income</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,845,743</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,136,591</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,254,170</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Financial cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(23,101,329)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(22,957,482)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(24,084,226)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Foreign currency exchange differences</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">957,565</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(613,181)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(4,292,119)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Result as per adjustment units</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(3,282,736)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(4,159,131)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,801,765)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(17,580,757)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(15,593,203)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(21,923,940)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 12 </FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300 face=Arial>Other income by function </FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The detail of other income by function is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 27pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 27pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 0cm" vAlign=bottom width="62%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Other income by function</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 27pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="38%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 0cm" width="62%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="12%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 0cm" width="62%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="12%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="62%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Sales of fixed assets</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,644,435</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="3%">&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,146,816</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,381,160</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="62%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Lease expense</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">245,285</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="3%">&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">364,388</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">318,830</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="62%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,687,524</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">21,952,512</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,808,873</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 0cm" width="62%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">6,577,244</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="12%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">25,463,716</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">5,508,863</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face=Arial,sans-serif>&nbsp;</FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>(1)&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>Under this amount includes, the positive one-time effect compensations received by our Argentine subsidiary CICSA for an amount 227,245 thousands of Argentine pesos (equivalent to MUS$ 34,200), for the termination of the contract which allowed us to import and distribute on an exclusive basis, Corona and Negra Modelo beers in Argentina and the license for the production and distribution of Budweiser beer in Uruguay.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm">&nbsp;</H1>

<a name="_bclFooter50"></a><DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-50</FONT></P>

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<TR style="HEIGHT: 45.35pt">

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="61%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0pt 0pt 0cm" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 13 </FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300 face=arial>Other Gains (Losses) </FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The detail of other gain<FONT style="FONT-SIZE: 9pt" face=Arial>s</FONT> (loss<FONT style="FONT-SIZE: 9pt" face=Arial>es</FONT>) items is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 27pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 27pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 0cm" rowSpan=3 width="61%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Other gains (losses)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 27pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="39%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Results derivative contracts (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,839,675</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,152,548</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,390,493</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Marketable securities to fair value</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">36,280</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(103,306)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(107,914)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" width="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,363,955)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(12,303)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,323,777)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 0cm" width="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">8,512,000</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">4,036,939</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">958,802</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif>(1)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>&nbsp;&nbsp; Under this concept the Company received cash flows amounting ThCh$ 5,419,700, ThCh$ 927,149 and ThCh$ 358,195 corresponding to 2015, 2014 and 2013, respectevily and these were recorded in the Consolidated Cash Flow Statement, under Operational activities, in line item Other cash movements.</FONT><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif> </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 14 </FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300 face=Arial>&nbsp;Cash and cash equivalent</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif>s</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>&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;&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; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Cash and cash equivalent balances were as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="60%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="60%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="60%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cash</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,712</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,708</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">16,242</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="60%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Overnight deposits</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">462,873</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,319,399</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">883,299</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="60%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bank balances</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">42,370,367</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">30,853,126</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">29,614,669</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="60%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Time deposits</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">32,639,373</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">99,373,117</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">282,628,752</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="60%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Investments in mutual funds</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">503,838</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="60%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Securities purchased under resale agreements</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">117,068,914</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">83,216,526</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">95,206,467</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="60%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">192,554,239</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">214,774,876</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">408,853,267</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The currency composition of cash and cash equivalents at </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Chilean Peso</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">US Dollar</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Euro</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Argentine Peso</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Uruguayan Peso</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Paraguayan guarani</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Others</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cash</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,675</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">39</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,998</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,712</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Overnight deposits</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">462,873</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">462,873</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bank balances</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">21,964,295</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,922,732</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">955,840</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,699,756</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">948,816</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,519,619</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">359,309</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">42,370,367</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Time deposits</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">32,639,373</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">32,639,373</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Securities purchased under resale agreements</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">117,068,914</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 10.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">117,068,914</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="25%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">171,683,257</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">5,385,644</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">955,840</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">5,701,754</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">948,816</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">7,519,619</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">359,309</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">192,554,239</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The currency composition of cash and cash equivalents at December 31, 2014, is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 4pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Chilean Peso</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Unidad de Fomento</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">US Dollar</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Euro</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Argentine Peso</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Uruguayan Peso</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Paraguayan guarani </FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Others</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cash</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,939</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">420</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,349</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,708</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Overnight deposits</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,319,399</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,319,399</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bank balances</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,790,934</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,738,935</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">974,179</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,726,073</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">536,097</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,753,420</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">333,488</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">30,853,126</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Time deposits</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">90,962,579</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,410,538</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">99,373,117</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Securities purchased under resale agreements</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">83,216,526</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">83,216,526</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">182,979,978</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">8,410,538</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">6,058,754</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">974,179</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">11,728,422</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">536,097</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">3,753,420</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">333,488</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">214,774,876</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 4pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-51</FONT></P>

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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

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<TR style="HEIGHT: 45.35pt">

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="61%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0pt 0pt 0cm" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The currency composition of cash and cash equivalents at December 31, 2013, is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 4pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Chilean Peso</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Unidad de Fomento</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">US Dollar</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Euro</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Argentine Peso</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Uruguayan Peso</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Paraguayan guarani</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Others</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 14.25pt">

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cash</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,446</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">42</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,217</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,537</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">16,242</FONT></P></TD></TR>

<TR style="HEIGHT: 14.25pt">

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Overnight deposits</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">883,299</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">883,299</FONT></P></TD></TR>

<TR style="HEIGHT: 14.25pt">

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bank balances</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">24,559,899</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">695,292</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,718,676</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,730,671</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">545,378</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">364,753</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">29,614,669</FONT></P></TD></TR>

<TR style="HEIGHT: 14.25pt">

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Time deposits</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">282,628,752</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">282,628,752</FONT></P></TD></TR>

<TR style="HEIGHT: 14.25pt">

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Investments in mutual funds</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">503,838</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">503,838</FONT></P></TD></TR>

<TR style="HEIGHT: 14.25pt">

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Securities purchased under resale agreements</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">95,206,467</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 14.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">95,206,467</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">402,905,402</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,578,633</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,718,676</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,731,888</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">553,915</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">364,753</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">408,853,267</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The total accumulated cash flows paid in business combinations and acquisitions of associates are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 30pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 30pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="50%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 30pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="41%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 15pt">

   <TD style="HEIGHT: 15pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 15pt">

   <TD style="HEIGHT: 15pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Total disbursements for business acquisition</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="3%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 9.55pt">

   <TD style="HEIGHT: 9.55pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cash flows used in the purchase of non-controlling interests</FONT></P></TD>

   <TD style="HEIGHT: 9.55pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=#000000 face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 9.55pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,921,245 </FONT></P></TD>

   <TD style="HEIGHT: 9.55pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">13,776,885 </FONT></P></TD>

   <TD style="HEIGHT: 9.55pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="3%" noWrap align=right>&nbsp;</TD>

   <TD style="HEIGHT: 9.55pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">- </FONT></P></TD></TR>

<TR style="HEIGHT: 7.35pt">

   <TD style="HEIGHT: 7.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other payments to acquire interests in joint ventures</FONT></P></TD>

   <TD style="HEIGHT: 7.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=#000000 face="arial narrow,sans-serif">(2)</FONT></P></TD>

   <TD style="HEIGHT: 7.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">42,163,032 </FONT></P></TD>

   <TD style="HEIGHT: 7.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,445,478 </FONT></P></TD>

   <TD style="HEIGHT: 7.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="3%" noWrap align=right>&nbsp;</TD>

   <TD style="HEIGHT: 7.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">- </FONT></P></TD></TR>

<TR style="HEIGHT: 12.5pt">

   <TD style="HEIGHT: 12.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cash flows used for control of subsidaries or other businesses</FONT></P></TD>

   <TD style="HEIGHT: 12.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%" noWrap align=right>&nbsp;</TD>

   <TD style="HEIGHT: 12.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT lang=EN-US style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">- </FONT></P></TD>

   <TD style="HEIGHT: 12.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT lang=EN-US style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">8,369 </FONT></P></TD>

   <TD style="HEIGHT: 12.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="3%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT lang=EN-US style="FONT-SIZE: 6pt" color=#000000 face="arial narrow,sans-serif">(3) </FONT></P></TD>

   <TD style="HEIGHT: 12.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT lang=EN-US style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">14,566,278 </FONT></P></TD></TR>

<TR style="HEIGHT: 5.55pt">

   <TD style="HEIGHT: 5.55pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Payments for changes in ownership interests in subsidaries</FONT></P></TD>

   <TD style="HEIGHT: 5.55pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%" noWrap align=right>&nbsp;</TD>

   <TD style="HEIGHT: 5.55pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">- </FONT></P></TD>

   <TD style="HEIGHT: 5.55pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="14%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">- </FONT></P></TD>

   <TD style="HEIGHT: 5.55pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="3%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(4) </FONT></P></TD>

   <TD style="HEIGHT: 5.55pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">5,627,425 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="50%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#ffffff face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#ffffff face="arial narrow,sans-serif">44,084,277</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#ffffff face="arial narrow,sans-serif">15,230,732</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" colSpan=2 noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#ffffff face="arial narrow,sans-serif">20,193,703</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 1pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>(1)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>Corresponds to an increased of capital made in 2015 and the acquisitions made during 2014 of 34% of Bebidas Bolivianas S.A. &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>(2)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>Corresponds to pay of 50% of the acquisitions of Bebidas Carozzi CCU SpA. and to an increased of capital made in 2015 and 2014 of Central Cervecera de Colombia S.A.S.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>(3)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>Corresponds to the purchase of Bebidas del Paraguay S.A., Distribuidora del Paraguay S.A. and a pay of outstanding balance related to the acquisition in Manantial S.A. and Compa&#241;&#237;a Pisquera Bauz&#225; S.A. in 2013.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>(4)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>Corresponds to additionally percentage of acquisition in VSPT (</FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif>Note 1</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>) in 2013.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 15 </FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif>Accounts receivables &#8211; Trade and other receivables</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The accounts receivables &#8211; trade and other receivables were as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="72%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Accounts receivables:</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile reportable segment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">88,332,401</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">87,979,118</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">International business segment operation</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">52,591,935</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">50,498,496</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Wines reportable segment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">43,333,189</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">38,575,440</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Total Others reportable segment </FONT><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">47,871,339</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">43,083,819</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others accounts receivables</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">24,033,944</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">21,619,152</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Impairment loss estimate</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(3,936,871)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(3,153,132)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">252,225,937</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">238,602,893</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>(1)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>Primarlly includes Comercial CCU S.A. which makes sales multiclass on behalf of Cervecera CCU Chile, ECUSA, CPCh, VSPT and FOODs.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-52</FONT></P>

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<TR style="HEIGHT: 45.35pt">

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="61%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0pt 0pt 0cm" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company&#8217;s accounts receivable are denominated in the following currencies:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="72%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean Peso</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">158,757,937</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">151,677,364</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Argentine Peso</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">48,535,814</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">46,140,278</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">US Dollar</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">25,498,590</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">19,030,421</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Euro</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,463,166</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">10,038,934</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Unidad de Fomento</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,102</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">2,021</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uruguayan Pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,074,908</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">4,519,676</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Paraguayan guarani </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,111,636</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">5,477,622</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others currencies</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,776,784</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,716,577</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">252,225,937</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">238,602,893</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The detail of the accounts receivable maturities as of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 15pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom rowSpan=3 width="24%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Current balance</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="52%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Overdue balances</FONT></B></P></TD></TR>

<TR style="HEIGHT: 25.5pt">

   <TD style="HEIGHT: 25.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">0 to 3 months</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">3 to 6 months</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">6 to 12 months</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">More than 12 months</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.6pt">

   <TD style="HEIGHT: 12.6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Accounts receivables:</FONT></P></TD>

   <TD style="HEIGHT: 12.6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">&nbsp;</TD>

   <TD style="HEIGHT: 12.6pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.6pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.6pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.6pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.6pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile reportable segment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">88,332,401</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">80,543,609</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,601,090</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">421,928</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">298,999</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">466,775</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">International business segment operation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">52,591,935</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">45,600,898</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,839,178</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">226,648</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">321,512</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">603,699</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Wines reportable segment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">43,333,189</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">40,022,791</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,715,939</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">193,781</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">299,921</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">100,757</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Total Others reportable segment </FONT><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">47,871,339</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">43,481,018</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,507,731</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">237,742</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">212,994</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">431,854</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others accounts receivables</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">24,033,944</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">22,204,897</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">370,715</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">982,963</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">475,369</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Sub-Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">256,162,808</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">231,853,213</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">19,034,653</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">2,063,062</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,608,795</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,603,085</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Impairment loss estimate</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(3,936,871)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(888,274)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(280,839)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,168,592)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,599,166)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">252,225,937</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">231,853,213</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">18,146,379</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,782,223</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">440,203</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">3,919</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 1pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>(1)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>Primarlly includes Comercial CCU S.A. which makes sales multiclass on behalf of Cervecera CCU Chile, ECUSA, CPCh, VSPT and FOODs</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The detail of the accounts receivable maturities as of December 31, 2014, is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 15pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Current balance</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="52%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Overdue balances</FONT></B></P></TD></TR>

<TR style="HEIGHT: 25.5pt">

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 25.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">0 to 3 months</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">3 to 6 months</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">6 to 12 months</FONT></B></P></TD>

   <TD style="HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">More than 12 months</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.6pt">

   <TD style="HEIGHT: 12.6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Accounts receivables:</FONT></P></TD>

   <TD style="HEIGHT: 12.6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">&nbsp;</TD>

   <TD style="HEIGHT: 12.6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">&nbsp;</TD>

   <TD style="HEIGHT: 12.6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">&nbsp;</TD>

   <TD style="HEIGHT: 12.6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">&nbsp;</TD>

   <TD style="HEIGHT: 12.6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">&nbsp;</TD>

   <TD style="HEIGHT: 12.6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile reportable segment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">87,979,118</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">81,335,105</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,453,180</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">485,827</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">325,316</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">379,690</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">International business segment operation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">50,498,496</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">41,505,514</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,058,969</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">791,980</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">289,994</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">852,039</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Wines reportable segment</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">38,575,440</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">33,384,725</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,696,632</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">187,721</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">150,061</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">156,301</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Total Others reportable segment (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">43,083,819</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">38,808,700</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,218,244</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">212,767</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">230,855</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">613,253</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others accounts receivables</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">21,619,152</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">19,689,147</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">663,317</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,266,688</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Sub-Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">241,756,025</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">214,723,191</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">21,090,342</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">2,944,983</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">996,226</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">2,001,283</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Impairment loss estimate</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(3,153,132)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(608,126)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(285,728)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(505,187)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,754,091)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="24%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">238,602,893</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">214,723,191</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">20,482,216</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2,659,255</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">491,039</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">247,192</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 1pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>(1)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>Primarlly includes Comercial CCU S.A. which makes sales multiclass on behalf of Cervecera CCU Chile, ECUSA, CPCh, VSPT and FOODs</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company markets its products through retail, wholesale clients, chains and supermarkets. As of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, the accounts receivable from the three most important supermarket chains in Chile and Argentina represent 29.1% (29.2% in 2014) of the total accounts receivable.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-53</FONT></P>

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<TR style="HEIGHT: 45.35pt">

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="61%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="39%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0pt 0pt 0cm" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As indicated in the Risk management note</FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif> (Note 5)</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, for Credit Risk purposes, the Company acquires credit insurance policies to cover approximately 90% of the accounts receivable balances. For this reason, management estimates that it does not require establishing allowances for further deterioration, in addition to those already constituted based on an aging analysis of these balances.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Regarding amounts aged more than 6 months and for which no allowances have been constituted, they correspond mainly to amounts already covered by the credit insurance policies. In addition, there are amounts overdue within ranges for which, in accordance with current policies are only partially impaired for, based on a case by case analysis.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The movement of the impairment losses provision for accounts receivable is as follows: </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="72%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Balance at the beginning of year</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,153,132</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">4,506,069</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Impairment estimate for accounts receivable</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,883,258</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">346,606</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uncollectible accounts</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(264,618)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(914,016)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Release of unused provisions</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(557,106)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(680,950)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Effect of translation into presentation currency</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(277,795)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(104,577)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">3,936,871</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">3,153,132</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm">&nbsp;</H1>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-54</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=ES-CL style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 1<FONT style="FONT-SIZE: 14pt" face=Arial>6</FONT> </FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif>Accounts and transactions with related companies</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Transactions between the Company and its subsidiaries occur in the normal course of operations and have been eliminated during the consolidation process.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The amounts indicated as transactions in the following table relate to trade operations with related companies, which are under similar terms than what a third party would get respect to price and payment conditions. There are no uncollectible estimates decreasing accounts receivable or guarantees provided to related companies.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Balances and transactions with related companies consist of the following:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; TEXT-INDENT: -0.25in"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(1)&nbsp; Business operations agreed upon in Chilean Pesos. Companies not under a current trade account agreement not accrue interest and have payment terms of 30 days.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; TEXT-INDENT: -0.25in"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(2)&nbsp; Business operations agreed upon in Chilean Pesos. The remaining balance accrues interest at 90-days active bank rate (TAB) plus an annual spread. Interests is paid or charged against the trade current account.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; TEXT-INDENT: -0.25in"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(3)&nbsp; Business operations in foreign currencies, not covered by a current trade account, that do not accrue interest and have payment terms of 30 days. Balances are presented at the closing exchange rate.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; TEXT-INDENT: -0.25in"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(4)&nbsp; An agreement between the subsidiary Compa&#241;&#237;a Pisquera de Chile S.A. with Cooperativa Agr&#237;cola Control Pisquero de Elqui and Limar&#237; Ltda. due to differences resulting from the contributions made by the latter. It establishes a 3% annual interest over capital, with annual payments to be made in eight instalments of UF 1,124 each. Beginning February 28, 2007 and UF 9,995 bullet payment at the last contribution date. In accordance with the contract, </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Cooperativa Agr&#237;cola Control Pisquero de Elqui and Limari Ltda. </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>renew the contract for a period of ten years. Consequently, the UF 9,995 will pay in ten instalments of UF 1,162 each one, beginning February 28, 2015.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; TEXT-INDENT: -0.25in"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(5)&nbsp;&nbsp; An agreement of grape supply between the subsidiary Compa&#241;&#237;a Pisquera de Chile S.A. with Cooperativa Agr&#237;cola Control Pisquero de Elqui y Limar&#237; Ltda. These contracts stipulate a 3% annual interest on the capital, with a term of eight years, and annual payments due on May 31, 2018.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The transaction schedule includes all the transactions made with related parties.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The detail of the accounts receivable and payable from related companies as of December 31, 2015 and 2014, is as follows:</FONT></P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-55</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 8.5pt" color=#339966 face=Arial,sans-serif>Accounts receivable from related companies</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 1pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 8.5pt" color=#339966 face=Arial,sans-serif>Current:</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 1pt" color=black face=Arial,sans-serif></FONT>&nbsp;</P>

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<TR style="HEIGHT: 16.5pt">

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Tax ID</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Company</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Country of origin</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="6%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Ref.</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Relationship</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Transaction</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Currency</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Bebidas Bolivianas SA</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Bolivia</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Associated</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">78,810</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Heineken Brouwerijen B.V.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Holanda</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(3)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">43,428</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Pepsi Cola Panamericana S.R.L</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Per&#250;</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Related to the joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">1,149</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Banco de Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">126,435</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">179,284</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">96.571.220-8</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Banchile Corredores de Bolsa S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">1,073</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">96.819.020-2</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Agr&#237;cola El Cerrito S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">30</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">87.938.700-0</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Agroproductos Bauza y C&#237;a Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related joint operating</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">10,297</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">93.920.000-2</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Antofagasta Minerals S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">4,198</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">96.919.980-7</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Cervecer&#237;a Austral S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">29,502</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">235,683</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">96.919.980-7</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Cervecer&#237;a Austral S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Billed services</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">15,391</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">77.051.330-8</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Cervecer&#237;a Kunstmann Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">142,789</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">142,957</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">90.160.000-7</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Cia. Sud Americana de Vapores S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">522</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">77.755.610-K</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Comercial Patagona Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Joint venture subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">738,270</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">1,573,306</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">77.755.610-K</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Comercial Patagona Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Joint venture subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Rental of cranes</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">2,875</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">2,191</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">90.081.000-8</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Chilena de F&#243;sforos S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">5,651</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">2,978</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">81.805.700-8</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Cooperativa Agr&#237;cola Control Pisquero de Elqui y Limari Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Advance purchase</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">1,054,917</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">1,055,714</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">81.805.700-8</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Cooperativa Agr&#237;cola Control Pisquero de Elqui y Limari Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">24,027</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">60,673</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">81.805.700-8</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Cooperativa Agr&#237;cola Control Pisquero de Elqui y Limari Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(4)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Loan</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">29,589</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">29,602</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">81.805.700-8</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Cooperativa Agr&#237;cola Control Pisquero de Elqui y Limari Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(5)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Supply contract</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">74,529</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">71,616</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">96.591.040-9</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Empresas Carozzi S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">301,882</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">92.011.000-2</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Empresa Nacional de Energia ENEX S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Supply contract</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">2,136</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">99.542.980-2</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">358,428</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">841,647</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">99.542.980-2</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Transport service</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">881,499</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">433,647</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">99.542.980-2</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(2)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Remittance send</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">6,108,351</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">99.542.980-2</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(2)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Interests</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">219,647</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">362,790</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">99.542.980-2</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Sales Service</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">118,292</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">128,430</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">99.542.980-2</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Shared service</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">182,822</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">238,980</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">99.542.980-2</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Collection service</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">49,646</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">96.847.140-6</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Inmobiliaria Norte Verde S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">40</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">96.427.000-7</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Inversiones y Rentas S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">12,664</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">9,330</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">96.536.010-7</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Inversiones Consolidadas Limitadas</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">1,409</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">76.029.109-9</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Inversiones Chile Chico Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Billing services</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">5,353</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">94.625.000-7</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Inversiones Enex S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">203,349</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">99.525.700-9</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Las Margaritas S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">47</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">91.021.000-9</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Madeco S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">3,723</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">3,683</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">78.780.780-1</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Operaciones y servicios Enex Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">90,323</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">76.028.758-K</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Norgistics Chile S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">110</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">91.705.000-7</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Qui&#241;enco S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Shareholder Controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">3,070</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">96.645.790-2</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Socofin S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">10</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">76.178.803-5</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Vi&#241;a Tabal&#237; S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Billing services</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">29,817</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">79,437</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">4,788,930</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">11,619,118</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 1pt" color=black face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 8.5pt" color=#339966 face=Arial,sans-serif>Non Current:</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 1pt" color=black face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 16.5pt">

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Tax ID</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Company</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Country of origin</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="6%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Ref.</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Relationship</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Transaction</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Currency</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">81.805.700-8</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Cooperativa Agr&#237;cola Control Pisquero de Elqui y Limari Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(4)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Loan</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">209,330</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">223,980</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">81.805.700-8</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Cooperativa Agr&#237;cola Control Pisquero de Elqui y Limari Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(5)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Supply contract</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">236,608</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">298,973</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">445,938</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">522,953</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-56</FONT></P>

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<TR style="HEIGHT: 45.35pt">

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="48%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="52%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 1.15pt 3pt 0in"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Accounts payable to related companies</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Current:</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

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<TR style="HEIGHT: 16.5pt">

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Tax ID</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Company</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Country of origin</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="6%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Ref.</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Relationship</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Transaction</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Currency</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="HEIGHT: 16.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Heineken Brouwerijen B.V.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Holanda</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(3)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">License and technical asssintance</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">6,568,594</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">3,354,448</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Heineken Brouwerijen B.V.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Holanda</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(3)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">307,118</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">1,009,856</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Heineken Nederland Supply</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Holanda</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(3)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">License and technical asssintance</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">37,772</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Heineken supply chain B.V.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Holanda</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(3)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">11,647</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Amstel Brouwerijen B.V.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Holanda</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(3)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">License and technical asssintance</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">246,334</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">121,854</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Tabacos del Paraguay S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Paraguay</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(3)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Marketing services</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">13,051</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Nestle Waters Marketing &amp; Distribution</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Francia</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(3)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">21,861</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Nestle Waters Management &amp; Tecnology</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Francia</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(3)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">12,191</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Pespsi-cola manufacturi co.of uruguay SRL</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(3)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">151,578</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">87.938.700-0</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Agroproductos Bauza y C&#237;a. Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">31,199</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">99.540.870-8</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Aguas de Antofagasta S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Water service</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">36,879</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">89.010.400-2</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Alusa Chile S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">437,884</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">84.898.000-5</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Alusa S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">73,233</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">78.105.460-7</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Alimentos Nutrabien S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">212</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">314</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Banco de Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Billing services</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">2,431</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">4,504</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">76.115.132-0</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Canal 13 S.P.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Marketing services</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">21,100</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">170,091</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">96.919.980-7</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Cervecer&#237;a Austral S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">414,400</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">1,232,609</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">96.919.980-7</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Cervecer&#237;a Austral S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Royalty paid</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">45,687</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">77.051.330-8</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Cervecer&#237;a Kunstmann Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">15,707</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">6,400</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">77.755.610-K</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Comercial Patagona Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Joint venture subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Marketing services</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">24,694</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">22,810</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">90.160.000-7</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Sud Americana de Vapores S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Transport service</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">2,928</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">99.542.980-2</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">63,212</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">158,744</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">99.542.980-2</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Discount of transport</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">11,883</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">99.542.980-2</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Consignation sales</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">2,015,613</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">2,801,544</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">78.259.420-6</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Inversiones PFI Chile Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">1,195,665</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">1,116,372</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">96.798.520-1</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Saam Extraportuarios S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Transport service</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">17</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">94.058.000-5</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Servicios Aeroportuarios Aerosan S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Transport service</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">193</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">92.048.000-4</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Sudamericana Agencias A&#233;reas y Maritimas S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Transport service</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">231</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">96.689.310-9</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Transbank S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Commission</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">25,911</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">54</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">76.178.803-5</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Vi&#241;a Tabal&#237; S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Collect of customers</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">37,185</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">92.236.000-6</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Watt&#180;s S.A.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Related joint venture</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">13,205</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">67,315</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="22%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">11,624,218</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">10,282,312</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-57</FONT></P>

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<TR style="HEIGHT: 45.35pt">

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="48%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.35pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="52%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Most significant transactions and effects on results:</FONT></I></B></P>

<P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 12pt 1.15pt 3pt 0in"><FONT lang=EN-GB style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=windowtext face=Arial,sans-serif>The following are the most significant transactions with related entities that are not subsidiaries of the Company and their effect on the Consolidated Statement of Income:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 3.9pt 0pt 0in"><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 9pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=4 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Tax ID</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=4 width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Company</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=4 width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Country of origin</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=4 width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Relationship</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=4 width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Transaction</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="42%" colSpan=6>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 24pt">

   <TD style="HEIGHT: 24pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Amounts</FONT></B></P></TD>

   <TD style="HEIGHT: 24pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">(Charges)/Credits (Effect on Income)</FONT></B></P></TD>

   <TD style="HEIGHT: 24pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Amounts</FONT></B></P></TD>

   <TD style="HEIGHT: 24pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">(Charges)/Credits (Effect on Income)</FONT></B></P></TD>

   <TD style="HEIGHT: 24pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Amounts</FONT></B></P></TD>

   <TD style="HEIGHT: 24pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">(Charges)/Credits (Effect on Income)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Bebidas Bolivianas S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Bolivia</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Associated</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">209,292</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">79,531</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 5.25pt">

   <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Heineken Brouwerijen B.V.</FONT></P></TD>

   <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Holanda</FONT></P></TD>

   <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Billing services</FONT></P></TD>

   <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">27,904</FONT></P></TD>

   <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(27,904)</FONT></P></TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">95,533</FONT></P></TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(95,533)</FONT></P></TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">58,343</FONT></P></TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(58,343)</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Heineken Brouwerijen B.V.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Holanda</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">71,107</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">295,899</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">225,145</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Heineken Brouwerijen B.V.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Holanda</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">208,932</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">79,394</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">244,804</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">93,026</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Heineken Brouwerijen B.V.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Holanda</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">License and technical asssintance</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">9,331,241</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(9,331,241)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">6,338,435</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(6,338,435)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">6,990,715</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(6,990,715)</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Heineken Italia Spa</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Italia</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">40,025</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Nestle Waters Argentina S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">License and technical asssintance</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,350</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(1,350)</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Nestle Waters S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Italia</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Royalty paid</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">308,527</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(308,527)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">204,010</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(204,010)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">155,839</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(155,839)</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.956.680-K</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Alusa S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">2,665,007</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,562,351</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,427,550</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco de Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Transport service</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">452,384</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(452,384)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">356,432</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(356,432)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">72,005</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(72,005)</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco de Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">39,148</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">25,446</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">60,472</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">21,165</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">30,865</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">10,803</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco de Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Derivatives</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">105,973,453</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,708,487</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">2,595,060</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(1,637)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">9,358,500</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">3,158</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco de Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Investments</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">423,550,000</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">770,364</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">181,200,794</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,427,444</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">111,695,000</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">366,198</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco de Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Interests</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">316,411</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(316,411)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">387,547</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(387,547)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">258,196</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(258,196)</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco de Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Leasing paid</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">123,316</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(23,901)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">224,872</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(24,155)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">140,033</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(24,680)</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.571.220-8</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banchile Corredores de Bolsa S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Investments</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">944,450,000</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">583,333</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">315,790,000</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">797,953</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">205,902,500</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">368,684</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.571.220-9</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banchile Corredores de Bolsa S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Commissions</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">577,994</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(577,994)</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">76.115.132-0</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Canal 13 S.P.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Marketing services</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,554,332</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(405,349)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">3,318,107</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(1,196,948)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4,397,642</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(2,078,401)</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.919.980-7</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Cervecer&#237;a Austral S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">36,560</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">23,764</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">315,650</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">126,260</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">293,194</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">117,278</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.919.980-7</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Cervecer&#237;a Austral S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Royalty paid</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">425,164</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(425,164)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">389,655</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(389,655)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">340,706</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(340,706)</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.919.980-7</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Cervecer&#237;a Austral S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Royalty charged</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">30,694</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">30,694</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">47,265</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">47,265</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.919.980-7</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Cervecer&#237;a Austral S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4,776,140</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">3,525,715</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">2,703,252</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.919.980-7</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Cervecer&#237;a Austral S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Billing services</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">425,165</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">425,165</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">231,038</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">231,038</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">205,076</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">205,076</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">77.051.330-8</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Cervecer&#237;a Kunstmann Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">405,652</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">324,522</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">317,990</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">254,392</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">265,054</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">212,043</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">77.051.330-8</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Cervecer&#237;a Kunstmann Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Billing services</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">77,166</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">77,166</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">23,335</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">23,335</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">174,871</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">174,871</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">77.755.610-K</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Comercial Patagona Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Joint venture subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Marketing services</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">279,401</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(279,401)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">225,128</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(225,128)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">208,191</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(208,191)</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">77.755.610-K</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Comercial Patagona Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Joint venture subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">2,679,985</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,098,794</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,410,939</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">578,485</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,998,700</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">819,468</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">79.985.340-K</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Cervecera Valdivia S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Dividends paid</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">489,942</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">511,172</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">523,063</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">76.029.691-0</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Comarca S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Access fee</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,313,475</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">90.081.000-8</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Chilena de F&#243;sforo S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Dividends paid</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4,055,034</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,637,775</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,134,431</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">81.805.700-8</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Cooperativa Agr&#237;cola Control Pisquero de Elqui y Limari Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Loan</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">29,589</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">5,827</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">27,681</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">7,975</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">26,200</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">8,092</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">81.805.700-8</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Cooperativa Agr&#237;cola Control Pisquero de Elqui y Limari Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Supply contract</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">74,529</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">8,487</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">71,616</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">11,411</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">67,784</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">12,456</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">81.805.700-8</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Cooperativa Agr&#237;cola Control Pisquero de Elqui y Limari Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Purchase of grape</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">6,226,156</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">5,027,758</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">8,251,401</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">81.805.700-8</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Cooperativa Agr&#237;cola Control Pisquero de Elqui y Limari Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Dividends paid</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">791,836</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">617,964</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">774,087</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">81.805.700-8</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Cooperativa Agr&#237;cola Control Pisquero de Elqui y Limari Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Billing services</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">181,437</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">181,437</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">81.805.700-8</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Cooperativa Agr&#237;cola Control Pisquero de Elqui y Limari Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">8,071</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">6,457</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">89.602.300-4</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Csav Austral Spa</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Transport service</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">122,991</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(122,991)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">81,743</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(81,743)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">76.173.468-7</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Fondo de Inversi&#243;n Privado Mallorca</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Remaining amount of shares</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,529,715</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">99.542.980-2</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Interests</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">287,243</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">287,243</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">363,945</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">363,945</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">334,899</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">334,899</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">99.542.980-2</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Remittance send</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">27,189,651</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">31,144,541</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">22,938,115</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">99.542.980-2</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Remittances received</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">33,298,001</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">31,367,766</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">24,353,351</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">99.542.980-2</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Billing services</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">7,633,582</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">7,633,582</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">6,990,442</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">6,990,442</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4,901,800</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4,901,800</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">99.542.980-2</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">30,209</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">430,381</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(430,381)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">345,267</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(345,267)</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">99.542.980-2</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Consignation sales</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">24,067,498</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">23,303,360</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">13,523,940</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">99.542.980-2</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Joint venture</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">13,540</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">6,223</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">15,097</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">9,511</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">16,926</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">12,981</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">76.173.468-7</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Fondo de Inversi&#243;n Privado Mallorca</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Billing services</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">17,172</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">60,053</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">92.011.000-2</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Empresa Nacional de Energia Enex S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Billing services</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">170,878</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(170,878)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">76.313.970-0</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Inversiones Irsa LTDA.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Billing services</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4,089,832</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">78.259.420-6</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Inversiones PFI Chile Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">3,161,063</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">7,147,674</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.657.690-7</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Inversiones Punta Brava S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,587</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,270</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.427.000-7</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Inversiones y Rentas S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Billing services</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">31,777,378</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">32,701,972</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">35,285,513</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.427.000-7</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Inversiones y Rentas S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Office rental</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">11,006</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">11,006</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">10,539</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">10,539</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">10,174</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">10,174</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">90.703.000-8</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Nestle Chile S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Shareholders of subsidiary</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Billing services</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">2,704,376</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">2,581,736</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">2,442,310</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">78.780.780-1</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Operaciones y Servicios Enex LTDA.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">328,256</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">262,605</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">91.705.000-7</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Qui&#241;enco S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Shareholder controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Sales of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">14,509</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">11,607</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">79.903.790-4</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Soc. Agr&#237;cola y Ganadera R&#237;o Negro Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Purchase of products</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">162,772</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.689.310-9</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Transbank S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Commission</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">45,756</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(45,756)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">26,585</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">(26,585)</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">76.178.803-5</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Vi&#241;a Tabal&#237; S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Billing services</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">50,787</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">50,787</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">64,321</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">64,321</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">47,440</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">47,440</FONT></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">76.178.803-5</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Vi&#241;a Tabal&#237; S.A.</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Related to the controller</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Sales of fixed assets</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">15,306</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">15,306</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt 0in" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-58</FONT></P>

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<TR style="HEIGHT: 45.15pt">

   <TD style="HEIGHT: 45.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="66%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="34%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Remuneration of the Management key employees</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company is managed by a Board of Directors comprised of 9 members, each of whom is in office for a 3-year term and may be re-elected.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Board was appointed at the Ordinary Shareholders&#180; Meeting held on April 10, 2013, being elected Messrs. Andr&#243;nico Luksic Craig, Pablo Granifo Lav&#237;n, Carlos Molina Sol&#237;s, John Nicolson, Manuel Jos&#233; Noguera Eyzaguirre, Philippe Pasquet, Francisco P&#233;rez Mackenna, Jorge Luis Ramos Santos and Vittorio Corbo Lioi, who is independent, according to article 50 bis of Law N&#186;18,046. The Chairman and the Vice Chairman, as well as the members of the Audit Committee were appointed at the Board of Directors&#180; meeting held on April 10, 2013. At the same meeting, and according to article 50 bis of Law N&#176; 18,046, the independent Director Mr. Vittorio Corbo Lioi appointed the other members of the Directors Committee, which is composed of Directors Messrs. P&#233;rez, Pasquet and Corbo. Additionally, Messrs. Corbo and Pasquet were appointed as members of the Audit Committee, both meeting the independence criteria under the Securities Exchange Act of 1934, the Sarbanes-Oxley Act of 2002 and the New York Stock Exchange Rules (the &#8220;SoX Regulation&#8221;). The Board of Directors also resolved that Directors Messrs. P&#233;rez and Ramos shall participate in the Audit Committee&#180;s meetings as observers.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Due to the resignation of Mr. Manuel Jos&#233; Noguera Eyzaguirre and Philippe Pasquet to their position as director of the Company, both effective as of June 30, 2015, at the Board of Directors Meeting held on July 7, 2015, Messrs. Didier Debrosse and Rodrigo Hinzpeter Kirberg were appointed as Directors, until the next Ordinary Shareholders&#180; Meeting, as permitted by Article 32 of Law N&#176;18,046.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Furthermore, at that same Board meeting, the independent Director Mr. Vittorio Corbo Lioi appointed Director Mr. Jorge Luis Ramos Santos as a member of the Directors Committee, in place of Mr. Philippe Pasquet, as required by art. 50 bis of Law N&#176;18,046 and Regulation N&#176;1956 of 2009 of the Superintendencia de Valores y Seguros (&#8220;SVS&#8221;). Therefore the Directors Committee is currently composed by Messrs. Vittorio Corbo Lioi, Francisco P&#233;rez and Jorge Luis Ramos Santos.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Director Jorge Luis Ramos Santos was appointed at the June 7, 2015 Board of Directors&#180; meeting, as a member of the Audit Committee, in place of&nbsp; Mr. Pasquet. Also at the same meeting, Director Carlos Molina Solis was appointed as an observer of the Audit Committee. Therefore, the Audit Committee is currently composed by the Directors. Vittorio Corbo Lioi and Jorge Luis Ramos Santos, who met the independence requirements as set out in the SOX Regulation, and Directors. Francisco P&#233;rez Mackenna and Carlos Molina Solis participate in the Audit Committee&#8217;s meetings on an observer status.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As agreed to at the Ordinary Shareholders&#180; Meeting held on April 15, 2015, the Directors&#8217; remuneration for their attendance at each meeting was fixed in UF 100 per Director, and UF 200 for the Chairman, plus an amount equivalent to 3% of the distributed dividends, for the whole Board, at a rate of one-ninth for each Director and in proportion to the time each one served as such during the year 2015. If the distributed dividends exceed 50% of the net profits, the Board of Directors&#8217; variable remuneration shall be calculated over a maximum 50% of such profits. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Those Directors that are members of the Directors Committee receive a remuneration of UF 34 for each meeting they attend, plus the amount that, as the percentage of the dividends, is required to complete one third of the total remuneration a Director is entitled to, pursuant to article 50 bis of Law N&#186; 18,046 and Regulation N&#176; 1956 of the SVS. Directors that are members of the Audit Committee receive a monthly remuneration of UF 25.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>According to the above, as of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, the Directors received ThCh$ 2,657,132 (ThCh$ 2,746,921 in 2014 and ThCh$ 2,461,403 in 2013) in per diems and shares. In addition, ThCh$ 141,283 (ThCh$ 117,342 in 2014 and ThCh$ 109,981 in 2013) were paid in compensation for gains sharing to the main executives of the Parent Company.</FONT></P>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-59</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="34%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The following is the total remuneration received by the top officers of the Parent Company during the years ended as of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015 and 2014</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 1pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="72%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="28%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Salaries</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,441,196</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,212,395</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Employees&#8217; short-term benefits</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,897,823</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,620,769</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Employments termination benefits</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">331,022</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,107,575</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">8,670,041</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">10,940,739</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company grants annual discretionary and variable bonuses to the top officers, which are not subject to an agreement and are decided on the basis of the compliance with individual and corporate goals and depending on the year results.</FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif> </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=ES-CL style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 17 </FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300 face=Arial>Inventories</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The inventory balances were as follows:</FONT></P>

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<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Finished products</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">50,873,881</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">56,873,874</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">In process products</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,828,386</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,568,879</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Raw material</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">113,716,967</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">103,535,487</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">In transit raw material</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,707,440</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">553,972</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Materials and products</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,926,122</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,602,904</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Realizable net value estimate and obsolescence</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,825,381)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2,589,518)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">174,227,415</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">167,545,598</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company wrote off a total of ThCh$ 2,057,246, ThCh$ 1,033,337 and ThCh$ 1,495,381 relating to inventory shrinkage and obsolescence for the year ended </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015, 2014 and 2013</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Additionally, an estimate for obsolescence inventories include amounts related to low turnover, technical obsolescence and product recalls from the market.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Movement of Realizable net value and obsolescence estimate is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=2 width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Initial balance</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2,589,518)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,286,695)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Inventories write-down estimation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,469,233)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2,682,310)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Inventories recognised as an expense</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,057,704</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,369,096</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Business combination effect</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">175,666</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,391</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(1,825,381)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(2,589,518)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015 and 2014</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, the Company does not have any inventory pledged as guarantee against financial obligations.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm">&nbsp;</H1>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-60</FONT></P>

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<TR style="HEIGHT: 45.15pt">

   <TD style="HEIGHT: 45.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="66%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="34%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=ES-CL style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 18 </FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif>Biological current assets</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company recorded under Biological current assets the agricultural activities (grapes) derived from production of plantations that will be destined to be an input to the following process of the wine production.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The costs associated to the agricultural activities (grapes) are accumulated to the harvest date.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The valuation of Biological current assets is described in </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 2.10</FONT></I></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The movement of Biological current assets were as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="85%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="85%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="85%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">As of January 1, 2014</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="85%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Historic cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,130,652</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="85%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">6,130,652</FONT></B></P></TD></TR>

<TR style="HEIGHT: 5.25pt">

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="85%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="85%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="85%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Additions</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">16,886,294</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="85%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Decreases due to the harvest</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(15,383,355)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="85%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">7,633,591</FONT></B></P></TD></TR>

<TR style="HEIGHT: 5.25pt">

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="85%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="85%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="85%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Historic cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,633,591</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="85%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">7,633,591</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="85%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="85%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="85%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Additions</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">18,192,939</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="85%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Decreases due to the harvest</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(18,193,190)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="85%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">7,633,340</FONT></B></P></TD></TR>

<TR style="HEIGHT: 5.25pt">

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="85%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="85%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="85%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Historic cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,633,340</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="85%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">7,633,340</FONT></B></P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-61</FONT></P>

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   <TD style="HEIGHT: 45.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="66%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="34%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"> </FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=ES-CL style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 19&nbsp;</FONT></B> <B><FONT lang=EN-GB style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300 face=Arial>&nbsp;Other non-financial assets</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company maintained the following other non-financial assets:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Insurance paid</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,512,317</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,841,121</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Advertising</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,474,579</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,885,301</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Advances to suppliers</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,438,102</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,098,153</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Guarantees paid</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">328,242</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">318,105</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Consumables</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">526,645</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">453,548</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Dividends receivable</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">150,343</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">36,044</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Recoverable taxes (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,303,925</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,610,979</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Stock rights (2)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">21,846,500</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,141,174</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,144,091</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">44,721,827</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">24,387,342</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Current</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,654,373</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">18,558,445</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Non current</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">27,067,454</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,828,897</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">44,721,827</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">24,387,342</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>(1) Correspond to a minimum presumed income tax and an exporter credit of the subsidiaries in Argentine.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" face=Arial,sans-serif>(2) </FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>See</FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif> Note 1</FONT></I></B><FONT lang=ES-CL style="FONT-SIZE: 7pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 20 </FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300 face=Arial>Investments accounted for by the equity method</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt" color=#003300 face=Arial,sans-serif>Joint ventures and Associates</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015 and 2014</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, the Company recorded investments qualifying as joint venture and associates.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The share value of the investments in joint ventures and associates is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 26.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 26.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="72%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 26.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 26.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cervecer&#237;a Austral S.A. (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,043,071</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,957,494</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A. (2)</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,582,085</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,837,774</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bebidas Bolivianas S.A. (3)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">14,276,937</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,757,874</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Central Cervecera de Colombia S.A.S. (4) </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">18,718,832</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,445,478</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other companies</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">374,338</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">49,995,263</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">31,998,620</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-62</FONT></P>

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<TR style="HEIGHT: 45.15pt">

   <TD style="HEIGHT: 45.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="66%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="34%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The above mentioned values include the goodwill generated through the acquisition of the following joint ventures, which are presented net of any impairment loss:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="72%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cervecer&#237;a Austral S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,894,770</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,894,770</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bebidas Bolivianas S.A. </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,581,614</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,186,271</FONT></FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">11,476,384</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1<FONT style="FONT-SIZE: 8pt" face="Arial Narrow">0</FONT>,081,041</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The results accrued in joint ventures and associates are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 24.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 24.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 24.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="41%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cervecer&#237;a Austral S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">247,180</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">157,836</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">221,662</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Foods Compa&#241;&#237;a de Alimentos CCU S.A. </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,251,392)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(16,476)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">87,100</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bebidas Bolivianas S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,557,886)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,039,967)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Central Cervecera de Colombia S.A.S. </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2,668,179)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other companies</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,142</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(5,228,135)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(898,607)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">308,762</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Changes in investments in joint ventures and associates during such periods are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Balance at the beginning of year</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">31,998,620</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,563,028</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Business combination effect</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">23,387,006</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">15,222,363</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Participation in the joint ventures and associates (losses)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(5,228,135)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(898,607)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Dividends received</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(150,343)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(39,096)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other changes</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(11,885)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">150,932</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">49,995,263</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">31,998,620</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Following are the significant matters regarding the investments accounted by the equity method:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-GB style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>(1) Cervecer&#237;a Austral S.A. </FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>A closed stock company that operates a beer manufacturing facility in the southern end of Chile, being the southernmost brewery in the world.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt" face=Arial,sans-serif>(2)</FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif> </FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300><FONT style="FONT-FAMILY: Arial">Foods Compa&#241;&#237;a de Alimentos&nbsp;CCU S.A.</FONT>&nbsp;</FONT></I></B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif> </FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>A closed stock company devoted to the production and marketing of food products such as like cookies and other baked goods, caramels, candy and cereal, among others.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On November 26, 2015, Foods signed an agreement of sale with Empresas Carozzi S.A., under which the first sold to the second machinery, equipment and brands related to products marketed under the brands Natur and Calaf. The amount of this transaction was ThCh$ 14,931,000 and CCU recognized a net loss after taxes for an amount of ThCh$ 1,034,638, corresponding to their participation.</FONT></P>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-63</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="34%">

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   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>(3) Bebidas Bolivianas S.A. </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>On May 7, 2014,</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif> the Company acquired 34% of the stock rights of Bebidas Bolivianas S.A. a Bolivian and a closed stock company that produces soft drinks and beers in three plants located in Santa Cruz de la Sierra and Nuestra Se&#241;ora de la Paz cities. </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The amount of this transaction was ThCh$ 13,776,885. On December 9, 2015, the Company paid an increased of capital for an amount of USD 2,720,000 (equivalents to ThCh$ 1,921,244).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>(4) Central Cervecera de Colombia S.A.S. </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>On November 10, 2014, CCU, directly and through its subsidiaries CCU Inversiones II Limitada, and Postob&#243;n have established a joint arrangements through a company named Central Cervecera de Colombia S.A.S. (the "Company"), in which CCU and Postob&#243;n participate as equal shareholders. The purpose of this Company is the beer and non-alcoholic drinks production, marketing and distribution based on malt. The Parties will invest in the Company an approximate amount of US$ 400,000,000, following a gradual investment plan conditioned to the fulfillment of certain milestones. At the date of issuance of these consolidated financial statements CCU Inversiones II Limitada paid US$ 33,901,562.11 (US$ 2,411,019.21 in 2014). The partnership involves the construction of a beer production plant, with a<FONT style="FONT-SIZE: 9pt" face=Arial>n annual</FONT>&nbsp;total capacity of 3,000,000 hectoliters. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The summarized financial information of these companies as of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, 2015 and 2014, appears in detail in </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 7</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company does not have any contingent liabilities related to joint ventures and associates as of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The figures for each entity 100% of each in summary form are as follows:</FONT></P>

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<TR style="HEIGHT: 18.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 18.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="35%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 18.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="26%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 18.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="26%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 18.75pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2013</FONT></B></P></TD></TR>

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   <TD style="HEIGHT: 40.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Joint Ventures</FONT></B></P></TD>

   <TD style="HEIGHT: 40.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Associated</FONT></B></P></TD>

   <TD style="HEIGHT: 40.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Joint Ventures</FONT></B></P></TD>

   <TD style="HEIGHT: 40.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Associated</FONT></B></P></TD>

   <TD style="HEIGHT: 40.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Joint Ventures</FONT></B></P></TD></TR>

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   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Net sales</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">59,187,508</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">18,310,272</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">46,399,652</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,470,716</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">31,261,730</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Operating result</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(6,796,020)</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(4,039,249)</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">212,503</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2,882,721)</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">238,819</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Net income for year</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(6,803,143)</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(4,573,734)</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(392,427)</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2,920,431)</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">620,549</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Depreciation and amortization</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,998,935)</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(534,485)</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,936,455)</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,091,414</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,416,740)</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Current assets</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">57,908,034</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,326,003</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">15,625,609</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,987,602</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,610,219</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Non-current assets</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">29,453,402</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">31,393,842</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">39,076,178</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,664,655</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">32,411,942</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Current liabilities</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,233,586</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,086,146</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,550,702</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,467,768</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,385,478</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Non-current liabilities</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,720,129</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,494,421</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,725,097</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,244,421</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,285,096</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-64</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="34%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=ES-CL style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 21&nbsp;</FONT></B> <B><FONT lang=ES-CL style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300 face=Arial>&nbsp;Intangible assets</FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif> other t<FONT style="FONT-SIZE: 12pt" face=Arial>h</FONT>an goodwill</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The intangible assets movement during the years ended as of December 31, 2014 and 2015 was as follows:</FONT></P>

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<DIV align=left>

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<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="35%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Trademarks</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Software programs</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Water rights</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Distribution rights</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">As of January 1, 2014</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Historic cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">56,088,048</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">19,199,598</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">925,356</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,024,457</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">77,237,459</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Accumulated amortization</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(12,639,953)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(563,575)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(13,203,528)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">56,088,048</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">6,559,645</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">925,356</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">460,882</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">64,033,931</FONT></B></P></TD></TR>

<TR style="HEIGHT: 5.25pt">

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Additions</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,292,555</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">988,783</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">21,933</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,303,271</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Additions by business combination (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,658,167</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">568,666</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,226,833</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Amortization of the year</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,718,514)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(45,718)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,764,232)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Effect of conversion amortization</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">79,405</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,512</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">86,917</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Conversion effect </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,025,947)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(141,556)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(62,322)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,229,825)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">58,720,268</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">7,071,535</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,914,139</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">950,953</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">68,656,895</FONT></B></P></TD></TR>

<TR style="HEIGHT: 5.25pt">

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Historic cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">58,720,268</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">21,353,252</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,914,139</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,046,487</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">83,034,146</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Accumulated amortization</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(14,281,717)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(95,534)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(14,377,251)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">58,720,268</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">7,071,535</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,914,139</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">950,953</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">68,656,895</FONT></B></P></TD></TR>

<TR style="HEIGHT: 5.25pt">

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Additions</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,160,435</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">104,739</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,265,174</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Transfers (2)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(3,266,332)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(3,266,332)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Divestitures (amortization)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,748</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,748</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Divestitures (cost)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(3,748)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(3,748)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Amortization of the year</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,814,784)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(126,877)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,941,661)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Effect of conversion amortization</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">164,652</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">22,210</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">186,862</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Conversion effect </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2,235,479)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(297,814)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(247,219)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2,780,512)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">53,218,457</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">8,284,024</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,914,139</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">703,806</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">64,120,426</FONT></B></P></TD></TR>

<TR style="HEIGHT: 5.25pt">

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Historic cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">53,218,457</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">24,212,125</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,914,139</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">904,006</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">80,248,727</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="35%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Accumulated amortization</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(15,928,101)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(200,200)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(16,128,301)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="35%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">53,218,457</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">8,284,024</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,914,139</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">703,806</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">64,120,426</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 1pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>(1) See </FONT><B><I><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif>Note 8 &#8211; </FONT></I></B><B><I><FONT lang=EN-US style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif>Business Combinations</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>(2) See </FONT><B><I><FONT lang=EN-US style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif>Note 25 &#8211; Assets of disposal group held for sale</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>There are no restriction or any pledge against on intangible assets.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-65</FONT></P>

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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

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<TR style="HEIGHT: 45.15pt">

   <TD style="HEIGHT: 45.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="66%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="34%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The detail of the Trademarks appears below:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="36%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Segment</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Cash Generating Unit</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(CGU)</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Embotelladoras Chilenas Unidas S.A. </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">19,280,007</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">19,280,007</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Pisquera de Chile S.A. </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,363,782</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">4,630,114</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Cerveceria Kunstmann S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">286,518</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">286,518</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Sub-Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">20,930,307</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">24,196,639</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">International Business</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CCU Argentina S.A. and subsidiaries</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,171,061</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">8,040,335</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Marzurel S.A., Coralina S.A. and Milotur S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,932,762</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">3,079,360</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bebidas del Paraguay S.A. and Distribuidora del Paraguay S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,440,608</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">3,658,167</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Sub-Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,544,431</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">14,777,862</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Wines</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Vi&#241;a San Pedro Tarapac&#225; S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">19,743,719</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">19,745,767</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Sub-Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">19,743,719</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">19,745,767</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="36%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">53,218,457</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">58,720,268</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Management has not identified any evidence of impairment of intangible assets. Respect to trademarks with indefinite useful life, used the same methodology which is designated in </FONT><B><I><FONT lang=EN-US style="FONT-SIZE: 10pt" color=#339966 face=Arial,sans-serif>Note 22</FONT></I></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm">&nbsp;</H1>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-66</FONT></P>

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<TR style="HEIGHT: 45.15pt">

   <TD style="HEIGHT: 45.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="66%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="34%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=ES-CL style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 22 </FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif>Goodwill</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The goodwill movements during the years ended as of December 31, 2015 and 2014 was as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

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<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Goodwill</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">As of January 1, 2014</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Historic cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">81,872,847</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">81,872,847</FONT></B></P></TD></TR>

<TR style="HEIGHT: 5.25pt">

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Additions through business combination (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,566,003</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Conversion effect</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(658,947)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">86,779,903</FONT></B></P></TD></TR>

<TR style="HEIGHT: 5.25pt">

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Historic cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">86,779,903</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">86,779,903</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Transfers (2)</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2,856,245)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Conversion effect</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(623,085)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">83,300,573</FONT></B></P></TD></TR>

<TR style="HEIGHT: 5.25pt">

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Historic cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">83,300,573</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">83,300,573</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 1pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>(1) See </FONT><B><I><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif>Note 8 &#8211; </FONT></I></B><B><I><FONT lang=EN-US style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif>Business Combinations</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>(2) See </FONT><B><I><FONT lang=EN-US style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif>Note 25 &#8211; Assets of disposal group held for sale</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>There are no restrictions or pledges against on goodwill.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Goodwill from investments acquired in business combinations is assigned as of the acquisition date to the Cash Generating Units (CGU), or group of CGUs that it is expected will benefit from the business combination synergies. The book value of the goodwill of the investments assigned to the CGUs inside the Company segments are:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="36%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Segment</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Cash Generating Unit</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(CGU)</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face=Arial,sans-serif>Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Embotelladoras Chilenas Unidas S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,083,766</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">9,083,766</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Manantial S.A. </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,879,245</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">8,879,245</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Pisquera de Chile S.A. </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,808,550</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">12,664,795</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Los Huemules S.R.L. </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">47,443</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">47,443</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Sub-Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">27,819,004</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">30,675,249</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">International Business</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CCU Argentina S.A. and subsidiaries</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,864,697</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">11,557,934</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Marzurel S.A., Coralina S.A. and Milotur S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,701,975</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">6,580,451</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bebidas del Paraguay S.A. and Distribuidora del Paraguay S.A.</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,514,631</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">5,566,003</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Sub-Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">23,081,303</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">23,704,388</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Wines</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Vi&#241;a San Pedro Tarapac&#225; S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">32,400,266</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">32,400,266</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Sub-Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">32,400,266</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">32,400,266</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="36%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">83,300,573</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">86,779,903</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-67</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0pt" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT color=#339966></FONT></P></TD>

   <TD style="HEIGHT: 45.15pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="34%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Goodwill assigned to the CGU is submitted to impairment tests annually or with a higher frequency in case there are indications that any of the CGU could experience impairment. The recoverable amount of each CGU is determined as the higher of value in use or fair value less costs to sell. To determine the value in use, the Company has used cash flow projections over a 5-year span, based on the budgets and projections reviewed by the Management for the same term and with an average grown-rate of 3%. The rates used to discount the projected cash flows reflect the market assessment of the specific risks related to the corresponding CGU. The pre-tax discount rates used range from a 9.6% to 13.3%. Given the materiality of the amounts involved, it was not considered relevant to describe additional information in this Note. A reasonable change in assumptions would not result in an impairment to goodwill.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>As December 31, 2015, t</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>he Company has not identified any evidence of impairment of goodwill</FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-68</FONT></P>

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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT></P></TD>

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<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=ES-CL style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 23 </FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif>Property, plant and equipment</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0pt 0pt 0cm" align=left><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The movement of Property, plant and equipment is as follows:</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 0pt 0pt 0cm" align=left><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<TR style="HEIGHT: 28.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="19%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">&nbsp;</FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Land, buildings and contruction </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">&nbsp;Machinery and equipment </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">&nbsp;Bottles and containers </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">&nbsp;Other Equipment </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">&nbsp;Assets under contruction and vines under formation</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">&nbsp;</FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Furniture, accesories and vehicles </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Assets under finance lease</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Under production vines&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">&nbsp;Total </FONT></B></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">&nbsp;ThCh$ </FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">&nbsp;ThCh$ </FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">&nbsp;ThCh$ </FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">&nbsp;ThCh$ </FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">&nbsp;ThCh$ </FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">&nbsp;ThCh$ </FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">&nbsp;ThCh$ </FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">&nbsp;ThCh$ </FONT></B></P></TD>

   <TD style="HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">&nbsp;ThCh$ </FONT></B></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">As of January 1, 2014</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Historic cost</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">453,487,502</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">349,828,341</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">161,171,871</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">97,514,125</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">89,374,472</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">46,791,929</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">16,605,170</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">28,664,297</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,243,437,707</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Accumulated depreciation</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(123,108,099)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(218,430,772)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(85,972,361)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(68,502,303)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(33,715,569)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(2,240,127)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(12,812,047)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(544,781,278)</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">330,379,403</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">131,397,569</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">75,199,510</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">29,011,822</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">89,374,472</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">13,076,360</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">14,365,043</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">15,852,250</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">698,656,429</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.25pt">

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Additions</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">212,498,423</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">212,498,423</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Additions of historic cost by business combintation</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">10,427,012</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">12,835,099</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">3,418,895</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">36,673</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,183,127</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">27,900,806</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Additions of acumulated depreciation by business combination</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,389,726)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(7,479,822)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,432,178)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(976,481)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(11,278,207)</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Transfers</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">100,881,784</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">36,903,635</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">31,891,992</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">16,780,869</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(198,536,632)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">10,054,122</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">214,720</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,809,510</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Conversion effect historic cost</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(3,282,317)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(4,921,609)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(4,702,605)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,528,664)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(318,097)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(230,044)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(20,437)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(15,003,773)</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Write off (cost)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,209,647)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,572,892)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(806,633)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(869,736)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,107,114)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(4,543)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(415,903)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(5,986,468)</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Write off (depreciation)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,662</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,413,756</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">788,331</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">868,292</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">880,419</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">2,310</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">231,641</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">4,186,411</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Capitalized interests</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">189,738</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">888,636</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(68,078)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,010,296</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Depreciation</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(13,108,407)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(17,346,363)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(18,438,461)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(7,772,824)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(5,888,407)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(435,795)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,179,010)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(64,169,267)</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Conversion effect depreciation</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">360,239</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,784,979</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,700,078</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">850,194</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">184,539</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">42,677</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">4,922,706</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Others increase (decreased)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,577,324)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,465,411</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">2,208,005</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(643,234)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(567,720)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">28,620</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(392,983)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">520,775</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Transfers to Investment Property (cost)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(534,384)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(559,440)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,093,824)</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Transfers to Investment Property (depreciation)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">12,590</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">12,590</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Divestitures (cost)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(912,917)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(8,793,380)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(751,727)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(2,887,307)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(525,145)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(7,538)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(13,878,014)</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Divestitures (depreciation)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">424,428</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">8,619,785</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">694,205</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">2,761,160</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">451,775</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">5,406</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">12,956,759</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">420,662,134</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">155,194,804</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">87,782,695</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">38,557,289</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">101,859,601</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">17,131,771</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">13,746,620</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">16,320,728</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">851,255,642</FONT></B></P></TD></TR>

<TR style="HEIGHT: 1.5pt">

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Historic cost</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">557,500,819</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">388,454,274</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">189,538,674</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">111,860,840</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">101,859,601</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">56,290,001</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">16,367,167</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">30,037,467</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,451,908,843</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Accumulated depreciation</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(136,838,685)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(233,259,470)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(101,755,979)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(73,303,551)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(39,158,230)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(2,620,547)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(13,716,739)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(600,653,201)</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">420,662,134</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">155,194,804</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">87,782,695</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">38,557,289</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">101,859,601</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">17,131,771</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">13,746,620</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">16,320,728</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">851,255,642</FONT></B></P></TD></TR>

<TR style="HEIGHT: 1.5pt">

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Additions</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">123,581,249</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">123,581,249</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Transfers</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">24,332,658</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">53,855,456</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">21,539,178</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">12,777,031</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(121,954,867)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">8,596,245</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">8,750</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">845,549</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Conversion effect historic cost</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(6,736,100)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(10,797,668)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(11,546,968)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(4,002,063)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(460,019)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(511,782)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(2,578)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(180,003)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(34,237,181)</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Write off (cost)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(747,359)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(289,708)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(3,742,613)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,918,945)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,156,594)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(18,734)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(7,873,953)</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Write off (depreciation)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">394,898</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">184,171</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">3,456,971</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,909,228</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">636,696</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">12,858</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">6,594,822</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Capitalized interests</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">579,382</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,434,338</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(926,744)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,086,976</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Depreciation</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(16,319,675)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(23,241,987)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(20,568,254)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(9,738,483)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(6,504,278)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(290,871)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,009,087)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(77,672,635)</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Conversion effect depreciation</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">828,924</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">4,905,696</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">5,480,844</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">2,894,015</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">353,900</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">256</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">81,519</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">14,545,154</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Others increase (decreased)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(314,605)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,065,596)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">783,920</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">226,420</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(4,709)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">150,953</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(23,262)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(246,879)</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Divestitures (cost)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(416,892)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,536,631)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(11,721,918)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,758,026)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,512,864)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(283)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(1,063,451)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(18,010,065)</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Divestitures (depreciation)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">489,274</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,193,606</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">10,980,342</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,624,423</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">965,423</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">165</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">629,647</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">15,882,880</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Transfers to assets held for sale (cost)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(2,682,692)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(2,682,692)</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Transfers to assets held for sale (depreciation)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">443,892</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">443,892</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">420,513,839</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">179,836,481</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">82,444,197</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">40,570,889</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">102,094,511</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">18,149,470</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">13,432,921</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">15,624,902</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">872,667,210</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.25pt">

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 2.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Historic cost</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">569,642,008</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">428,398,944</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">185,024,437</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">117,920,217</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">102,094,511</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">60,844,400</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">16,447,490</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">29,639,562</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">1,510,011,569</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">Accumulated depreciation</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(149,128,169)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(248,562,463)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(102,580,240)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(77,349,328)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(42,694,930)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(3,014,569)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(14,014,660)</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=black face="arial narrow,sans-serif">(637,344,359)</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">420,513,839</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">179,836,481</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">82,444,197</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">40,570,889</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">102,094,511</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">18,149,470</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">13,432,921</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">15,624,902</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">872,667,210</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter69"></a><DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-69</FONT></P>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>
<A name=page_70></A>
<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">
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<DIV align=left>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>

  <TR style="HEIGHT: 44.95pt">
    <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and
      subsidiaries</FONT></FONT></P>
      <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial
      Statements</FONT></FONT></P>
      <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT size=+0></FONT></P></TD>
    <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="34%" align=right>
      <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>&nbsp; <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The balance of the land at the end
of each year is as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>

  <TR style="HEIGHT: 25.5pt">
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31,
2014</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 12.75pt">
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 11.25pt">
    <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Land</FONT></P></TD>
    <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">227,849,584</FONT></P></TD>
    <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">228,846,045</FONT></P></TD></TR>
  <TR style="HEIGHT: 11.25pt">
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>
    <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">227,849,584</FONT></B></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">228,846,045</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Capitalized interest as of December
31, 2015, amounted to ThCh$ 1,086,976 (ThCh$ 1,010,296 in 2014), using an
annually capitalization rate of 4.17% for both years.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company, through its
subsidiaries Vi&#241;a San Pedro Tarapac&#225; S.A., has biological assets corresponding
to vines that produce grapes. The vines are segmented into those under formation
and those under production, and they are grown both on leased and owned
land.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The grapes harvested from these
vines are used in the manufacturing of wine, which is marketed both in the
domestic market and abroad.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, the Company maintained
approximately 4,245, of which 3,967 hectares are for vines in production stage.
Of the total hectares mentioned above, 3,648 correspond to own land and 319 to
leased land.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The vines under formation are
recorded at historic cost, and only start being depreciated when they are
transferred to the production phase, which occurs in the majority of cases in
the third year after plantation, when they start producing grapes commercially
(in volumes that justify their production-oriented handling and later
harvest).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>During 2015, the production plant
vines yield approximately 60.1 million kilos of grapes (42.5 million kilos of
grapes in 2014).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As part of the risk administration
activities, the subsidiaries use insurance agreements for the damage caused by
nature or other to their biological assets. In addition, either productive or
under formation vines are not affected by title restrictions of any kind, nor
have they been pledged as a guarantee for financial liabilities.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>For production vines depreciation
is carried out on a linear basis and it is based on the 30-years average
estimated production useful life, which is periodically assessed. Vines under
formation are not depreciated until they start production. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>By the nature of business of the
Company, in the value of the assets it is not considered to start an allowance
for cost of dismantling, removal or restoration.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In relation to the impairment
losses of property, plant and equipment, the administration has not perceived
evidence of impairment with respect to these at December 31, 2015.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Assets under finance
lease:</FONT></I></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The book value of land and
buildings relates to finance lease agreements for the Parent Company and its
subsidiaries. Such assets will not be owned by the Company until the
corresponding purchase options are exercised.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>

  <TR style="HEIGHT: 25.5pt">
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31,
2014</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 12.75pt">
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 11.25pt">
    <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Land</FONT></P></TD>
    <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,511,623</FONT></P></TD>
    <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,511,623</FONT></P></TD></TR>
  <TR style="HEIGHT: 11.25pt">
    <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Buildings</FONT></P></TD>
    <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,333,443</FONT></P></TD>
    <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,449,575</FONT></P></TD></TR>
  <TR style="HEIGHT: 11.25pt">
    <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Machinery and equipment</FONT></P></TD>
    <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,061,907</FONT></P></TD>
    <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,352,085</FONT></P></TD></TR>
  <TR style="HEIGHT: 11.25pt">
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>
    <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">14,906,973</FONT></B></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">15,313,283</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>In</FONT><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>
</FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 27, letter b</FONT></I></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; FONT-STYLE: normal" color=#339966 face=Arial,sans-serif>)</FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif> </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>includes the detail of the lease agreements, and it also
reconciles the total amount of the future minimum lease payments and their
current value as regards such assets, the purchase options originated at CCU
S.A., Compa&#241;&#237;a Cervecera Kunstmann S.A. and Manantial S.A.</FONT></P>
<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm">&nbsp;</H1>
<a name="_bclFooter70"></a><DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>
<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-70</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>
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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="34%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; FONT-STYLE: normal" color=#003300 face=Arial,sans-serif>Note 24 </FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif>Investment Property</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Changes in the movement of the investment property during the years ended <FONT style="FONT-SIZE: 9pt" face=Arial>as </FONT>of December 31, 2014 and 2015 is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="59%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=#ffffff face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Lands</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Buildings</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">As of January 1, 2014</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">Historic cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,590,369</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,964,783</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,555,152</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">Depreciation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(653,691)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(653,691)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#ffffff face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">5,590,369</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,311,092</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">6,901,461</FONT></B></P></TD></TR>

<TR style="HEIGHT: 5.25pt">

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">Additions</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">275,001</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">275,001</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">Transfers from PPE (Cost)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">243,505</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">850,319</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,093,824</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">Transfers from PPE (acumulated depreciation)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(12,590)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(12,590)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">Depreciation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(65,208)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(65,208)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">Convertion effect (Cost)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(248,418)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(39,897)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(288,315)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">Conversion effect (depreciation)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,440</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,440</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#ffffff face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">5,860,457</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2,057,156</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">7,917,613</FONT></B></P></TD></TR>

<TR style="HEIGHT: 5.25pt">

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">Historic cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5,860,457 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2,775,205 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8,635,662 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">Depreciation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -&nbsp;&nbsp; </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(718,049)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(718,049)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#ffffff face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">5,860,457</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2,057,156</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">7,917,613</FONT></B></P></TD></TR>

<TR style="HEIGHT: 5.25pt">

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">Additions</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,148</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,148</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">Transfers from PPE (cost)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(275,000)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(275,000)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">Depreciation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(60,450)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(60,450)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">Convertion effect (Cost)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(488,315)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(291,926)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(780,241)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">Conversion effect (depreciation)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">31,932</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">31,932</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#ffffff face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">5,097,142</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,740,860</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">6,838,002</FONT></B></P></TD></TR>

<TR style="HEIGHT: 5.25pt">

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">Historic cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5,097,142 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2,487,425 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7,584,567 </FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#000000 face="arial narrow,sans-serif">Depreciation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -&nbsp;&nbsp; </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(746,565)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(746,565)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=#ffffff face="arial narrow,sans-serif">Book Value</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">5,097,142</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,740,860</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">6,838,002</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Investment property includes twenty land properties, two offices and one apartment, situated in Chile, which are maintained for appreciation purposes, with one land property, two offices and one apartment of them being leased and generating ThCh$ 172,243 revenue during year 2015 (ThCh$ 153,283 in 2014 and ThCh$110,333 in 2013). Additionally, there are three land properties in Argentina, which are leased and generated an income for ThCh$ 127,093 for year 2015 (ThCh$ 117,661 in 2014 and ThCh$ 134,103 in 2013). In addition, the expenses associated with such investment properties amounted to ThCh$ 120,340 for the year ended as of December 31, 2015 (ThCh$ 190,670 in 2014 and ThCh$ 161,915 in 2013).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The fair value, of investment property that represent 90% of the book value, is ThCh$ 18,365,934.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Management has not detected any evidence of impairment of Investment property.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company does not maintain any pledge or restriction over investment property items.</FONT></P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm">&nbsp;</H1>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-71</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

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   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

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<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 25 </FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif>Assets of disposal group held for sale</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>During the last quarter of 2009, the Board of Tamar&#237; S.A. (</FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>merged with Finca la Celia S.A. as of April 1, 2011) </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>authorized the sale of fixed assets which includes the winery with facilities for processing and storage of wines as well as of acres that surround it and the guest house. This decision is based primarily on the advantage of consolidating the operations of processing and packaging of wines from the Wine Group subsidiaries VSPT facilities in Finca La Celia, generating significant synergies for the Group.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=arial,sans-serif>During 2010, the Company hired a specialist broker for such assets. Subsequently, on December 13, 2011, a sales reservation contract was signed for all of the assets. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>During December 2014, the subsidiary Sidra La Victoria S.A. authorized the sale of property located in Cipolletti city, Provincia de R&#237;o Negro, Argentina. During November 2015 this property was sold and a gain before tax of ThCh$ 1,977,432 was recognize.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=arial,sans-serif>During September 2015, the subsidiary Saenz Briones S.A. authorized the sale of property located in Luj&#225;n de Cuyo city, Provincia de Mendoza, Argentina.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Besides, during 2015, the subsidiary Vi&#241;a Valles de Chile S.A. (legal and continuing successor of Vi&#241;a Misiones de Rengo S.A.) authorized the sale of certanis fixed asstes located in Rengo city, Provincia de Cachapoal, Sexta Regi&#243;n.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>On January 7, 2016, the shareholders of Compa&#241;&#237;a Pisquera Bauz&#225; S.A. came to an agreement in which Compa&#241;&#237;a Pisquera de Chile S.A. (subsidiary of Compa&#241;&#237;a Cervecer&#237;as Unidas S.A.) has sold its interest of 49% to Agroproductos Bauz&#225; S.A. The price of the transaction amounted to UF 150,000 (equivalent to ThCh$ 3,844,364 on December 31, 2015). </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Previously, in October 2015, the Board Director of CPCh agreed to order the Administration to obtain an agreement with Agroproductos Bauz&#225; in terms which were reflected in the before mentioned transaction. The consequence the aforementioned was CPCh recorded a provision before taxes for an amount of ThCh$ 1,401,253, charged to the result for the year 2015. This amount is presented under Other gains/losses in the Consolidated Statement of Income.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As described in </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 2.18</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, non-current assets held for sale have been recorded at the lower of book value and estimated sale value </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, 2015.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>At </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015 and 2014</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, the items of assets held for sale are the following:</FONT></P>

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<TR style="HEIGHT: 25.5pt">

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Assets of disposal group held for sale</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

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   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Land</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,855,980</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">196,818</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Contructions</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">544,863</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">467,833</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Machinery</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">74,109</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">94,109</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Joint agreement (Trade surplus , net of deferred taxes)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,844,364</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">6,319,316</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">758,760</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm">&nbsp;</H1>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-72</FONT></P>

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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

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<TR style="HEIGHT: 44.95pt">

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="66%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="34%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 26 </FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif>Income taxes </FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Tax accounts receivable</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The detail of the taxes receivables is the following:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Refundable tax previous year</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,773,573</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">658,744</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Taxes under claim</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,661,253</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,808,110</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Argentinean tax credits</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,756,333</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,910,500</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Monthly provisions</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,592,593</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,394,028</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Payment of absorbed profit provision</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">33,276</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">975,477</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other credits</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,447,192</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,666,555</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">15,264,220</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">19,413,414</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Taxes accounts payable</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The detail of taxes payable taxes is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean income taxes</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,689,139</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,718,638</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Monthly provisional payments</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,488,085</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,113,611</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean unique taxes</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">224,045</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">48,810</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Estimated Argentine minimum gain subsidiaries taxes</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">796,755</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">816,076</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">12,198,024</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">11,697,135</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-73</FONT></P>

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<TR style="HEIGHT: 44.95pt">

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="66%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="34%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Tax expense</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The detail of the income tax and deferred tax expense for the years ended as of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015, 2014 and 2013</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="57%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="43%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 15pt">

   <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="57%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="17%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="57%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="17%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="57%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Income as per deferred tax related to the origin and reversal of temporary differences</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(454,933)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%">&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">992,342</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">101,216</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="57%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Prior year adjustments</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,204,656</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%">&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,763,242</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,857,107</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="57%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Effect of change in tax rates</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,066,964)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(14,520,287)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="57%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Tax benefits (loss)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">248,559</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%">&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">527,447</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(2,225,971)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="57%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Total deferred tax expense (1)</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,931,318</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="17%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(8,237,256)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">5,732,352</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="57%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Current tax expense</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(48,168,474)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%">&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(34,522,795)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(35,137,106)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="57%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Prior period adjustments </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(3,877,360)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%">&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(3,913,449)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(5,300,153)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="57%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(Loss) Income from income tax</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(50,114,516)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="17%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(46,673,500)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(34,704,907)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(1)&nbsp;&nbsp; On September 29, 2014 Act No. 20,780 was published in Chile, regarding the so called &#8220;Tax reform&#8221; which introduces amendments, among others, to the Income tax system.&nbsp; The said Act provides that corporations will apply by default the "Partially Integrated System", unless a future Extraordinary Shareholders Meeting agrees to opt for the "Attributed Income Regime&#8221;. The Act provides for the "Partially Integrated System" a gradual increase in the First Category Income tax rate, going from 20% to 21% for the business year 2014, to 22.5% for the business year 2015, to 24% for the business year 2016, to 25.5% for the business year 2017 and to 27% starting 2018 business year.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The effect of the new tax rate of 21%, applicable from January 1, 2014, resulted in charges of ThCh$ 1,359,437 against income in 2014.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The difference between assets and liabilities for deferred taxes which occur as a direct effect of the increase in the First Category Income tax rate introduced by Act No. 20,780, has been accounted against to Net income. As of December 31, 2014, the total effect registered against the Net income was an amount of ThCh$ 14,520,287.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The deferred taxes related to items charged or credited directly to Consolidated Statement of Comprehensive Income are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="57%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="43%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="57%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="17%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="57%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="17%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="57%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Net income from cash flow hedge</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(17,563)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%">&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">39,470</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(51,304)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="57%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Actuarial gains and losses deriving from defined benefit plans</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">314,541</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%">&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">501,689</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">105,151</FONT></P></TD></TR>

<TR style="HEIGHT: 12pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="57%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Charge to equity</FONT></B></P></TD>

   <TD style="HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">296,978</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="17%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">541,159</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">53,847</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Effective Rate</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company&#8217;s income tax expense as of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015, 2014&nbsp;and 2013</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif> represents 26.4%, 27.9% and 20.7%, respectively of income before taxes. The following is reconciliation between such effective tax rate and the statutory tax rate valid in Chile.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 23.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="46%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 23.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="54%" colSpan=6>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Tax rate %</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Tax rate %</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=white face="arial narrow,sans-serif">Tax rate %</FONT></B></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="46%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">Income before taxes</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">190,640,106</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">- </FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">167,465,421</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">- </FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">167,609,458</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">- </FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="46%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">Income tax using the statutory rate</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">(42,894,024)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">22.5 </FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">(35,167,738)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">21.0 </FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">(33,521,892)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">20.0 </FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="46%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">Adjustments to reach the effective rate</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="46%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">Tax effect of permanent differences and non-taxable items, net</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">(3,202,337)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">1.7 </FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">(70,944)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">0.1 </FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">(1,307,033)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">0.7 </FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="46%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">Effect of change in tax rate</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">(1,066,964)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">0.6 </FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">(14,520,287)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">8.6 </FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">- </FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="46%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">Effect of tax rates abroad</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">(2,278,489)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">1.2 </FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">2,235,676</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">(1.3)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">(2,432,936)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">1.5 </FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="46%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">Prior year adjustments</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">(672,702)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">0.4 </FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">849,793</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">(0.5)</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">2,556,954</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">(1.5)</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="46%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">Income tax, as reported</FONT></B></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">(50,114,516)</FONT></B></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">26.4 </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">(46,673,500)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">27.9 </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">(34,704,907)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">20.7 </FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-74</FONT></P>

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<TR style="HEIGHT: 44.95pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="34%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Deferred taxes</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Deferred tax assets and liabilities included in the Balance Sheet were as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 2pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Deferred tax assets</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Accounts receivable impairment provision</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">712,135</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">721,772</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Employee benefits and other non taxable expenses</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,402,580</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,984,756</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Inventory impairment provision</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">894,231</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">886,694</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Severance indemnity</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,044,560</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,592,647</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Inventory valuation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,060,489</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,143,039</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Amortization of intangibles</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,785,174</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,021,992</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other assets</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,927,120</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,401,374</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Tax loss carryforwards</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,703,304</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,454,745</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Total assets from deferred taxes</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">34,529,593</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">30,207,019</FONT></B></P></TD></TR>

<TR style="HEIGHT: 5.25pt">

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">&nbsp;</TD>

   <TD style="HEIGHT: 5.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Deferred taxes liabilities</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Fixed assets depreciation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">39,673,300</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">36,618,758</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Capitalized software expense</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,852,161</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,694,859</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Agricultural operation expense</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,348,021</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,493,499</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Manufacturing indirect activation costs</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,867,574</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,777,813</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Intangibles</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,654,342</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,524,509</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Land</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">28,756,600</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">30,479,610</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other liabilities</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">994,965</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">929,652</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Total liabilities from deferred taxes</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">88,146,963</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">87,518,700</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total </FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(53,617,370)</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(57,311,681)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 1pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>No deferred taxes have been recorded for the temporary differences between the taxes and accounting value generated by investments in subsidiaries; consequently deferred tax is not recognized for the Translation Adjustments or investments in Joint Ventures and Associates.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 5pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In accordance with current tax laws in Chile, taxable losses do not expire and can be applied indefinitely. Regarding Argentina, taxable losses expire after 5 years.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 27.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 27.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Movement of deferred taxes </FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 27.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">Deferred Taxes ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">As of January 1, 2014</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(48,508,053)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Deferred taxes for business combination</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(461,566)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Deferred Tax Losses Tax absorption</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(968,195)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Charge to income tax deferred</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(8,237,257)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Conversion effect</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">84,862</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Deferred taxes against equity</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">541,159</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other deferred movements taxes</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">237,369</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Charge</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(8,803,628)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(57,311,681)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 4.5pt">

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 4.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">As of January 1, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Deferred taxes for joint operation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">881,910</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Deferred taxes from tax loss carry forwards absortion</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(33,276)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Credit to income tax deferred</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,931,318</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Conversion effect</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">503,187</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Deferred taxes against equity</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">296,978</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other deferred movements taxes</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">114,194</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Credit </FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,694,311</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(53,617,370)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 5pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-75</FONT></P>

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<TR style="HEIGHT: 44.95pt">

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="66%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 6.3pt 0pt 0cm" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="34%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 27 </FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif>Other financial liabilities </FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Debts and financial liabilities classified based on the type of obligation and their classifications in the consolidated balance sheet are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bank borrowings (*)</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,050,091</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">95,822,149</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bonds payable (*)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">74,508,233</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">73,937,639</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Financial leases obligations (*)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,559,874</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,392,945</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Deposits for return of bottles and containers</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,503,170</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,787,424</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Derivatives (**)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">171,470</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">684,317</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Liability coverage (**)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">107,698</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">228,376</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">180,900,536</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">199,852,850</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Current</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">43,973,991</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">65,318,293</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Non current</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">136,926,545</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">134,534,557</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">180,900,536</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">199,852,850</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 2pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(*)&nbsp; See </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif>Note 5</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(**) See </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif>Note 6</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-76</FONT></P>

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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>
<A name=page_78></A>
<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">
<a name="_bclHeader78"></a><DIV>
<DIV align=left>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>

  <TR style="HEIGHT: 44.95pt">
    <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="67%">
      <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and
      subsidiaries</FONT></FONT></P>
      <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial
      Statements</FONT></FONT></P>
      <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT size=+0></FONT></P></TD>
    <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966><IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The maturities and interest rates
of such obligations are as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>As of
</FONT></I></B><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>:</FONT></I></B></P>
<DIV align=left>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>

  <TR style="HEIGHT: 5.25pt">
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="36%" colSpan=6 noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Undiscounting amounts according to
      maturity</FONT></B></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>
  <TR style="HEIGHT: 12.75pt">
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Debtor Tax ID</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Company</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Debtor country</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Lending party Tax ID</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Creditor name</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Creditor country</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="5%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Currency</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">0 to 3 months</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">3 months to 1 year</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Over 1 year to 3 years</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Over 3 years to 5 years</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Over 5 years</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Amortization rate</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="5%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Interest Rate</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 7.5pt">
    <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">%</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="18%" colSpan=2 noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Bank
      borrowings</FONT></B></P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Supervielle</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">128,459</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">128,459</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">6.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Patagonia</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">272,706</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">272,706</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Patagonia</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">106,222</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">106,222</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Patagonia</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">420,665</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">420,665</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Patagonia</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,857</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">7,389</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">3,095</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">12,341</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Quarter</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">15.25</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Patagonia</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">506,450</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">506,450</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">27.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">151,260</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">151,260</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">486,804</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">486,804</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Patagonia</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">405,927</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">405,927</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">25.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      BBVA</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">535,283</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">535,283</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">91.041.000-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Vi&#241;a San
      Pedro Tarapaca S.A. (1)</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28,782</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">3,150,341</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">3,179,123</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1.92</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">91.041.000-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Vi&#241;a San
      Pedro Tarapaca S.A. (2)</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">66,496</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">7,101,600</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">7,168,096</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1.90</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">91.041.000-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Vi&#241;a San
      Pedro Tarapaca S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">56,243</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">9,739,054</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">9,795,297</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">2.70</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">91.041.000-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Vi&#241;a San
      Pedro Tarapaca S.A. (1)</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.018.000-1</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Scotiabank</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">2,977</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5,590,024</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5,593,001</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1.15</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">99.586.280-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Pisquera de Chile S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">449,879</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">15,978,778</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">16,428,657</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">6.86</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">15,123</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">46,470</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">109,544</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">171,137</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.80</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">8,529</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">26,304</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">75,692</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">16,855</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">127,380</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5.48</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">7,004</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">21,588</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">12,375</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">40,967</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5.36</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">13,500</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">40,500</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">108,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">72,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">234,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">6.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">19,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">57,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">88,668</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">164,668</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">7.59</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">14,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">42,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">112,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">32,667</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">200,667</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5.88</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">22,500</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">67,500</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">180,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">112,500</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">382,500</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5.76</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">76.645.030-K</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Ita&#250;</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">23,690</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">56,839</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">80,529</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">6.66</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">76.645.030-K</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Ita&#250;</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">7,704</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">23,532</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">68,516</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">50,621</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">150,373</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">6.12</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">200,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">200,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5.26</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">254,313</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">254,313</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.38</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">35,843</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">36,436</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">72,279</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">7.56</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">150,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">150,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5.40</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">255,510</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">255,510</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.22</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">18,029</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">55,418</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">158,974</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">138,117</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">370,538</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5.02</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Milotur
      S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Nuevo
      Banco Comercial</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">25,991</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">71,036</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97,027</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Milotur
      S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Ita&#250;</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">UYI</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">344,850</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,701,800</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">2,046,650</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">6.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.981.310-6</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;ia
      Cervecera Kunstmann S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">515,083</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">515,083</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.34</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.981.310-6</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;ia
      Cervecera Kunstmann S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">618,100</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">618,100</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.34</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.981.310-6</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;ia
      Cervecera Kunstmann S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,030,538</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,030,538</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.38</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.981.310-6</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;ia
      Cervecera Kunstmann S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.018.000-1</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Scotiabank</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">7,229</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">453,561</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">460,790</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1.90</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.981.310-6</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;ia
      Cervecera Kunstmann S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">180,724</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">555,208</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,589,858</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,378,183</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">3,703,973</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5.02</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.981.310-6</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;ia
      Cervecera Kunstmann S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.018.000-1</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Scotiabank</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,028,447</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,028,447</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.08</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Industrial Cervecera S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      BNA</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">345,777</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">927,294</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">2,472,784</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,236,392</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4,982,247</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">15.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Industrial Cervecera S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      BNA</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">173,166</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">392,114</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">697,088</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,262,368</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">25.19</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Industrial Cervecera S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      BBVA</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">560,011</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,633,640</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,089,584</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">3,283,235</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Quarter</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">26.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Industrial Cervecera S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Galicia</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,272,502</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,815,157</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5,446,285</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">8,533,944</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Quarter</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29.40</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Industrial Cervecera S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Macro</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">44,130</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">136,150</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">75,639</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">255,919</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">15.25</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Saenz
      Briones &amp; C&#237;a SAIC</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Citibank</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">65,596</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">121,022</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">186,618</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">15.25</FONT></P></TD></TR>
  <TR style="HEIGHT: 6pt">
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Sub-Total</FONT></P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">6,259,888</FONT></B></P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">21,455,110</FONT></B></P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">35,558,704</FONT></B></P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">12,776,389</FONT></B></P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">-</FONT></B></P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">76,050,091</FONT></B></P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>
<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-77</FONT></P>
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    <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="67%">
      <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and
      subsidiaries</FONT></FONT></P>
      <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial
      Statements</FONT></FONT></P>
      <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT size=+0></FONT></P></TD>
    <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966><IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
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  <TR style="HEIGHT: 9pt">
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="36%" colSpan=6 noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Undiscounting amounts according to
      maturity</FONT></B></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>
  <TR style="HEIGHT: 15pt">
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Debtor Tax ID</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Company</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Debtor country</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="16%" colSpan=2>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Registration or ID No.
      Instrument</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Creditor country</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="5%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Currency</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">0 to 3 months</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">3 months to 1 year</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Over 1 year to 3 years</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Over 3 years to 5 years</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Over 5 years</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Amortization rate</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="5%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Interest Rate</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 9pt">
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">%</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 8.25pt">
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="18%" colSpan=2 noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Bonds
      payable</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">90.413.000-1</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Cervecer&#237;as Unidas S.A.</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="16%" colSpan=2 noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">388 18/10/2004 BONO SERIE E</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">2,539,921</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4,953,915</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">5,095,419</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">10,251,636</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">22,840,891</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Semiannual</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">90.413.000-1</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Cervecer&#237;as Unidas S.A.</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="16%" colSpan=2 noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">573 23/03/2009 BONO SERIE H</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">615,318</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">2,252,581</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">48,799,443</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">51,667,342</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Semiannual</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4.25</FONT></P></TD></TR>
  <TR style="HEIGHT: 8.25pt">
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Sub-Total</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">615,318</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">2,539,921</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">4,953,915</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">7,348,000</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">59,051,079</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">74,508,233</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>

  <TR style="HEIGHT: 5.25pt">
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="36%" colSpan=6 noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Undiscounting amounts according to
      maturity</FONT></B></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>
  <TR style="HEIGHT: 15pt">
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Debtor Tax ID</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Company</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Debtor country</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Lending party Tax ID</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Creditor name</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Creditor country</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="5%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Currency</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">0 to 3 months</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">3 months to 1 year</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Over 1 year to 3 years</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Over 3 years to 5 years</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Over 5 years</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Amortization rate</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="5%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Interest Rate</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 9pt">
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">%</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 8.25pt">
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="18%" colSpan=2 noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Financial leases
    obligations</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco
      Supervielle</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,267</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">3,900</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">6,147</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">11,314</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">17.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.000.600-6</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco de
      Creditos e Inversiones</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">5,371</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">16,386</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">9,292</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">31,049</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">5.06</FONT></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">10,764</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">16,845</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">13,524</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">41,133</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">9.31</FONT></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.053.000-2</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco
      Security</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">21,598</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">25,628</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">12,867</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">60,093</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">6.81</FONT></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">90.413.000-1</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Cervecer&#237;as Unidas S.A.</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">99.012.000-5</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Consorcio Nacional de Seguros
    S.A</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">12,499</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">38,806</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">113,757</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">225,991</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">16,628,473</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">17,019,526</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">7.07</FONT></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.981.310-6</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Cervecera Kunstmann S.A</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">42,822</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">23,183</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">12,799</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">78,804</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">5.58</FONT></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.981.310-6</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Cervecera Kunstmann S.A</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">23,716</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">72,672</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">196,552</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">292,940</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4.33</FONT></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">76.077.848-6</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Cervecera Belga de la
    Patagonia</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.015.000-5</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco
      Santander de Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,455</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4,504</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">13,097</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">5,959</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">25,015</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">6.27</FONT></P></TD></TR>
  <TR style="HEIGHT: 8.25pt">
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="18%" colSpan=2 noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Sub-Total </FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">119,492</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">201,924</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">378,035</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">231,950</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">16,628,473</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">17,559,874</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>
  <TR style="HEIGHT: 8.25pt">
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>&nbsp;</TD></TR>
  <TR style="HEIGHT: 8.25pt">
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">6,994,698</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">24,196,955</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">40,890,654</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">20,356,339</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">75,679,552</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">168,118,198</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 1pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 6pt" face=Arial,sans-serif>(1) This obligation is hedged by a
Cross Currency Interest Rate Swap agreement </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 6pt" color=#339966 face=Arial,sans-serif>(Note
6</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 6pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=#339966 face=Arial,sans-serif>)</FONT><FONT lang=EN-GB style="FONT-SIZE: 6pt" face=Arial,sans-serif>.</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><FONT lang=EN-GB style="FONT-SIZE: 6pt" face=Arial,sans-serif>(2) This obligation is hedged by a
Cross Interest Rate Swap agreement </FONT><B><I><FONT lang=EN-US style="FONT-SIZE: 6pt" color=#339966 face=Arial,sans-serif>(</FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 6pt" color=#339966 face=Arial,sans-serif>Note
6</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 6pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=#339966 face=Arial,sans-serif>)</FONT><B><I><FONT lang=EN-US style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif>.</FONT></I></B></P>
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>
<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-78</FONT></P>
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    <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="67%">
      <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and
      subsidiaries</FONT></FONT></P>
      <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial
      Statements</FONT></FONT></P>
      <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT size=+0></FONT></P></TD>
    <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966><IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>As of December 31,
2014:</FONT></I></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>

  <TR style="HEIGHT: 5.25pt">
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="36%" colSpan=6 noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Undiscounting amounts according to
      maturity</FONT></B></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>
  <TR style="HEIGHT: 12.75pt">
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Debtor Tax ID</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Company</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Debtor country</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Lending party Tax ID</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Creditor name</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Creditor country</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="5%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Currency</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">0 to 3 months</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">3 months to 1 year</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Over 1 year to 3 years</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Over 3 years to 5 years</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Over 5 years</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Amortization rate</FONT></B></P></TD>
    <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="5%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Interest Rate</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 7.5pt">
    <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 7.5pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">%</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="18%" colSpan=2 noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Bank
      borrowings</FONT></B></P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 5.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Santader
      RIO</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">338,173</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">338,173</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Santader
      RIO</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">338,173</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">338,173</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Supervielle</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">73,057</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">73,057</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Supervielle</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">79,145</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">79,145</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Supervielle</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">76,101</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">76,101</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Supervielle</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">75,844</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">75,844</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Fondo
      para la Transformaci&#243;n y Crec.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">2,114</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">2,114</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Semiannual</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">6.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Patagonia</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">581,393</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">581,393</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Patagonia</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">569,746</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">569,746</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">30.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Patagonia</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">327,034</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">327,034</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Patagonia</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">174,129</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">174,129</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">26.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Patagonia</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">3,725</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">13,226</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">13,708</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">30,659</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Quarter</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">15.25</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Patagonia</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">131,476</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">131,476</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">26.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,640</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,640</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">26.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,640</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,640</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">26.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">177,838</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">177,838</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">26.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      San Juan</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29,711</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">BBVA</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">402,311</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">402,311</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">28.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Patagonia</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">43,659</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">43,659</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">24.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">91.041.000-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Vi&#241;a San
      Pedro Tarapaca S.A. (1)</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">23,097</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">2,691,604</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">2,714,701</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1.79</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">91.041.000-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Vi&#241;a San
      Pedro Tarapaca S.A. (2)</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">53,348</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">6,067,500</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">6,120,848</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1.79</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">91.041.000-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Vi&#241;a San
      Pedro Tarapaca S.A. (2)</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.018.000-1</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Scotiabank</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,438</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4,854,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4,855,438</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1.19</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">91.041.000-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Vi&#241;a San
      Pedro Tarapaca S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">EUR</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4,590,673</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4,590,673</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0.59</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">91.041.000-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Vi&#241;a San
      Pedro Tarapaca S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">54,044</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">9,358,298</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">9,412,342</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">2.70</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">99.586.280-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Pisquera de Chile S.A</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">448,895</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">15,949,982</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">16,398,877</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">6.86</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">14,752</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">42,394</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">120,811</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">48,426</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">226,383</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.80</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">7,798</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">23,813</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">68,838</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">53,562</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">154,011</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5.48</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">6,392</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">19,613</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">39,365</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">65,370</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5.36</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,654</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">2,266</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">3,920</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">9.12</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">19,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">57,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">152,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">12,667</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">240,667</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">7.59</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">14,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">42,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">112,000</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">88,667</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">256,667</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5.88</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">76.645.030-K</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Ita&#250;</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">9,214</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">3,107</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">12,321</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">7.32</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">76.645.030-K</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Ita&#250;</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">7,426</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">17,873</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">25,299</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">7.56</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">76.645.030-K</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Ita&#250;</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">22,178</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">68,690</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">80,528</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">171,396</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">6.66</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">76.645.030-K</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Ita&#250;</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">62,759</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">192,305</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">255,064</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.38</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">251,734</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">251,734</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0.37</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5,834</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">14,043</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">19,877</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0.63</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">33,596</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">104,022</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">72,279</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">209,897</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0.63</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">200,852</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">200,852</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0.63</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">76.645.030-K</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Ita&#250;</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">18,792</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">18,792</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Milotur
      S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Nuevo
      Banco Comercial</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">23,418</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">69,795</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">93,672</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">186,885</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Milotur
      S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Nuevo
      Banco Comercial</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">601,212</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">601,212</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">17.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Milotur
      S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Nuevo
      Banco Comercial</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">357,814</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">357,814</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1.12</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Milotur
      S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Nuevo
      Banco Comercial</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">138,532</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">138,532</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">17.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Milotur
      S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Nuevo
      Banco Comercial</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Uruguay</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">643,409</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">643,409</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">16.80</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.981.310-6</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;ia
      Cervecera Kunstmann S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">515,411</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">515,411</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.981.310-6</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;ia
      Cervecera Kunstmann S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">618,493</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">618,493</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.981.310-6</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;ia
      Cervecera Kunstmann S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,034,167</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,034,167</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4.92</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.981.310-6</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;ia
      Cervecera Kunstmann S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.018.000-1</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Scotiabank</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">2,413</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">387,514</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">389,927</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1.90</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">96.981.310-6</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;ia
      Cervecera Kunstmann S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,303,864</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,303,864</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">3.22</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Industrial Cervecera S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      BBVA</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,541,623</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4,401,173</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">5,942,796</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Quarter</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">15.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Industrial Cervecera S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      BNA</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">445,789</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,208,180</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">3,221,814</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">3,221,813</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">8,097,596</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">15.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Industrial Cervecera S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Macro</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">54,865</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">177,392</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">335,073</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">567,330</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">15.25</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Industrial Cervecera S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      BBVA</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">690,557</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">1,418,990</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">4,257,610</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">6,367,157</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Quarter</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">26.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Industrial Cervecera S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Citibank</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">14,494,421</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">14,494,421</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">26.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Industrial Cervecera S.A.</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Santander R&#237;o</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">3,063,385</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">3,063,385</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">29.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Saenz
      Briones SA</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">HSBC</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">2,724</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">2,724</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">20.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Saenz
      Briones SA</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Citibank</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">93,631</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">236,522</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">236,522</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">566,675</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">15.25</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.5pt">
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Saenz
      Briones SA</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Banco
      Patagonia</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">829,136</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">829,136</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="HEIGHT: 4.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 3pt" color=black face="arial narrow,sans-serif">30.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 6pt">
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Sub-Total</FONT></P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">28,599,857</FONT></B></P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">20,538,039</FONT></B></P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">33,900,820</FONT></B></P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">12,783,433</FONT></B></P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">-</FONT></B></P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">95,822,149</FONT></B></P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>
    <TD style="HEIGHT: 6pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<a name="_bclFooter80"></a><DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0cm 18pt 0pt 0cm" align=center><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV></DIV>
<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-79</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

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  <TR style="HEIGHT: 44.95pt">
    <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="67%">
      <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and
      subsidiaries</FONT></FONT></P>
      <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial
      Statements</FONT></FONT></P>
      <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT size=+0></FONT></P></TD>
    <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966><IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>
<DIV align=left><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</DIV></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 4pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>

  <TR style="HEIGHT: 9pt">
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" rowSpan=3 width="15%" colSpan=2>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Registration or ID No.
      Instrument</FONT></B></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="36%" colSpan=6 noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Undiscounting amounts according to
      maturity</FONT></B></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>
  <TR style="HEIGHT: 15pt">
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Debtor Tax ID</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Company</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Debtor country</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Creditor country</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="5%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Currency</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">0 to 3 months</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">3 months to </FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">1 year</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Over 1 year to 3</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">&nbsp;years</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Over 3 years to 5 </FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">years</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Over 5 years</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Amortization</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">&nbsp;rate</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="5%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Interest </FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Rate</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 9pt">
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">%</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 8.25pt">
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="18%" colSpan=2 noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Bonds
      payable</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="8%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">90.413.000-1</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">CCU
      S.A</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="15%" colSpan=2 noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">388 18/10/2014 BONO SERIE E</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">2,437,294</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4,741,076</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4,818,518</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">12,313,550</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">24,310,438</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Semiannual</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4.00</FONT></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">90.413.000-1</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">CCU
      S.A</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="15%" colSpan=2 noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">573 23/03/2009 BONO SERIE H</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">592,131</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">2,149,320</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">46,885,750</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">49,627,201</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Semiannual</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4.25</FONT></P></TD></TR>
  <TR style="HEIGHT: 8.25pt">
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Sub-Total</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="8%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">592,131</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">2,437,294</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">4,741,076</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">6,967,838</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">59,199,300</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">73,937,639</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 4pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 4pt" face=Arial,sans-serif></FONT>&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>

  <TR style="HEIGHT: 9pt">
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="36%" colSpan=6 noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Undiscounting amounts according to
      maturity</FONT></B></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>
  <TR style="HEIGHT: 15pt">
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Debtor Tax ID</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Company</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Debtor country</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Lending party</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">&nbsp;Tax ID</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Creditor name</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="7%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Creditor country</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="5%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Currency</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">0 to 3 months</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">3 months to 1 year</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Over 1 year to 3</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">&nbsp;years</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Over 3 years to 5 years</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Over 5 years</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="6%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Amortization rate</FONT></B></P></TD>
    <TD style="HEIGHT: 15pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="5%">
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Interest </FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Rate</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 9pt">
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>
    <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">%</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 8.25pt">
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="18%" colSpan=2 noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif">Financial leases
    obligations</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">0-E</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Finca La
      Celia S.A</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">O-E</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Supervielle</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Argentina</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,475</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4,620</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">11,088</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">2,466</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">19,649</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">At
      maturity</FONT></P></TD>
    <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">17.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.000.600-6</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco de
      Creditos e Inversiones</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">7,058</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">15,218</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">29,841</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">52,117</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">0.42</FONT></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">20,250</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">42,944</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">37,825</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">101,019</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">0.50</FONT></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">12,160</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">6,585</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">18,745</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1.17</FONT></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.711.590-8</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.053.000-2</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco
      Security</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">31,538</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">79,780</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">57,744</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">169,062</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">0.55</FONT></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">90.413.000-1</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">CCU
      S.A</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">99.012.000-5</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Consorcio Nacional de Seguros
    S.A</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">22,926</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">38,773</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">102,087</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">117,043</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">16,135,005</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">16,415,834</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">7.07</FONT></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.981.310-6</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Cervecera Kunstmann S.A</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.004.000-5</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco de
      Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">38,866</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">101,818</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">75,724</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">216,408</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">6.43</FONT></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">96.981.310-6</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a
      Cervecera Kunstmann S.A</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.030.000-7</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco
      Estado</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">21,843</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">66,935</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">189,245</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">92,241</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">370,264</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4.33</FONT></P></TD></TR>
  <TR style="HEIGHT: 5.25pt">
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">76.077.848-6</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Cervecera Belga de la
    Patagonia</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">97.015.000-5</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Banco
      Santander de Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Chile</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">1,306</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">4,044</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">11,760</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">12,737</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">29,847</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">Monthly</FONT></P></TD>
    <TD style="HEIGHT: 5.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=black face="arial narrow,sans-serif">6.27</FONT></P></TD></TR>
  <TR style="HEIGHT: 8.25pt">
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="18%" colSpan=2 noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Sub-Total</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">157,422</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">360,717</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">515,314</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">224,487</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">16,135,005</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">17,392,945</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>
  <TR style="HEIGHT: 8.25pt">
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>&nbsp;</TD>
    <TD style="HEIGHT: 8.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>&nbsp;</TD></TR>
  <TR style="HEIGHT: 8.25pt">
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="12%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="7%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">29,349,410</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">23,336,050</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">39,157,210</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">19,975,758</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">75,334,305</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif">187,152,733</FONT></B></P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="6%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>
    <TD style="HEIGHT: 8.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="5%" noWrap>
      <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 4pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR></TABLE><FONT lang=EN-GB style="FONT-SIZE: 1pt" face=Arial,sans-serif></FONT></DIV>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><FONT lang=EN-GB style="FONT-SIZE: 6pt" face=Arial,sans-serif>(1) This obligation is hedged by a
Cross Currency Interest Rate Swap agreement </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 6pt" color=#339966 face=Arial,sans-serif>(Note
6</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 6pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=#339966 face=Arial,sans-serif>)</FONT><FONT lang=EN-GB style="FONT-SIZE: 6pt" face=Arial,sans-serif>.</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" align=left><FONT lang=EN-GB style="FONT-SIZE: 6pt" face=Arial,sans-serif>(2) This obligation is hedged by a
Cross Currency Rate Swap agreement </FONT><B><I><FONT lang=EN-US style="FONT-SIZE: 6pt" color=#339966 face=Arial,sans-serif>(</FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 6pt" color=#339966 face=Arial,sans-serif>Note
6</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 6pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=#339966 face=Arial,sans-serif>)</FONT><B><I><FONT lang=EN-US style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif>.</FONT></I></B></P>
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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV></DIV>
<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-80</FONT></P>
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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT face=Arial></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Details of the fair value of bank borrowings, financial leases obligations and bonds payable are described in </FONT><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 6</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The effective interest rates of bond obligations are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif>Bonds Serie A&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; 3.96%</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif>Bonds Serie E&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; 4.52%</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Bonds Serie H&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; 4.26%</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Bonds Serie I&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; 3.18%</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The debts and financial liabilities are stated in several currencies and they accrue fixed and variable interest rates. The details of such obligations classified as per currency and interest type (excluding the effect of cross currency interest rate swap agreements) are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="26%" colSpan=2 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="27%" colSpan=2 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 26.25pt">

   <TD style="HEIGHT: 26.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 26.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Fixed Interest</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">&nbsp;Rate</FONT></B></P></TD>

   <TD style="HEIGHT: 26.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Variable Interest </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Rate</FONT></B></P></TD>

   <TD style="HEIGHT: 26.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Fixed Interest </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Rate</FONT></B></P></TD>

   <TD style="HEIGHT: 26.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Variable Interest </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Rate</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">US Dollar</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">686,276</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">15,940,220</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,557,305</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,690,987</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Chilean Pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">25,840,175</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">21,537,298</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Argentine Pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,146,915</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,266,388</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">42,866,462</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Unidades de Fomento</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">102,191,574</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">101,169,041</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,590,673</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Uruguayan Pesos</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,740,967</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">UYI</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,046,650</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">147,911,590</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">20,206,608</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">173,461,746</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">13,690,987</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The terms and conditions of the main interest accruing obligations as of December 31, 2015, were as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 21.3pt; TEXT-INDENT: -21.3pt"><B><FONT lang=ES-CL style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>A)</FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 7pt; TEXT-DECORATION: none" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>Bank Borrowings</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Banco Estado &#8211; Bank Loans</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>a) On</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif> July 27, 2012, the subsidiary Compa&#241;&#237;a Pisquera Chile S.A. (CPCh) signed a bank loan with the Banco Estado for a total of ThCh$ 16,000,000, for a period of 5 years, with maturity on July 27, 2017.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>This loan accrues interest at an annual fixed rate of 6.86% and an effective rate of 7.17%. The Company amortizes interest semi-annually, and the capital amortization consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>This obligation is subject to certain reporting obligations in addition to complying with the following financial ratios, </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>which will be measured on the half-yearly financial statements of CPCh</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(a)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain a Financial Expense Coverage not less than 3, calculated as the relationship between Gross Margin less Marketing costs, Distribution and Administration expenses, plus Other income by function, less Other expenses by function, plus Depreciation and Amortization, divided by Financial costs. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(b)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain a debt ratio of no more than 2.5, measured as Total liabilities divided by Equity.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(c)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain an Equity higher than UF 770,000.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In addition, this loan obliges CPCh to comply with certain restrictions of affirmative nature, including maintaining insurance, maintaining the ownership of essential assets, and also to comply with certain restrictions, such as not to pledge, mortgage or grant any kind of encumbrance or real right over any fixed asset with an individual accounting value higher than&nbsp;UF 10,000, except under the terms established by the agreement, among other.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015, the Company was in compliance with the financial covenants and specific requirements of this loan.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-81</FONT></P>

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   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="67%">

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>b)&nbsp;&nbsp; On April 25, 2012, the subsidiary Compa&#241;&#237;a Cervecera Kunstmann S.A. signed a bank loan with Banco Estado for a total of ThCh$ 500,000, maturing on April 25, 2013. Subsequently this loan was renewed for one year, maturing on April 25, 2014. It was renewed for one year, maturing on April 25, 2015. Subsequently this loan was renewed for one year, maturing on April 27, 2016.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This loan accrues a fixed interest at an annual rate. The subsidiary amortizes interest and capital amortization consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On April 25, 2014 it was renewed for one year, maturing on April 25, 2015.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On April 24, 2015 it was renewed for one year, maturing on April 27, 2016.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>c)&nbsp;&nbsp; On April 25, 2013, the subsidiary Compa&#241;&#237;a Cervecera Kunstmann S.A. signed a bank loan with Banco Estado for a total of ThCh$ 600,000, maturing on April 25, 2014. It was renewed for one year, maturing on April 25, 2015. Subsequently this loan was renewed for one year, maturing on April 27, 2016.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This loan accrues a fixed interest at an annual rate. The subsidiary amortizes interest and capital amortization consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On April 25, 2014 it was renewed for one year, maturing on April 25, 2015.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On April 24, 2015 it was renewed for one year, maturing on April 27, 2016.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>d)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On April 23, 2012, the subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. signed a bank loan with Banco Estado for a total of ThCh$ 3,000,000, maturing on July 19, 2012.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On July 19, 2012 the previous loan was renewed for a period of 71 days, maturing on September 28, 2012. Subsequently, on the same time this loan was renewed for a period of 84 days, maturing on December 21, 2012. On December 21, 2012, this loan was renewed for 60 days, maturing on February 19, 2013, renewed again for 94 days, maturing on May 24, 2013.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>This loan accrued interest at an annual rate. The subsidiary amortized interest and capital amortization consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-INDENT: 14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On May 24, 2013, this loan was paid.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-INDENT: 14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>e)&nbsp;&nbsp; On July 19, 2012, the subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. signed a bank loan with Banco Estado for a total of ThCh$ 1,000,000, maturing on September 28, 2012. Subsequently this loan was renewed for a period of 84 days, maturing on December 21, 2012. It was renewed for 60 days, maturing in February 19, 2013, renewed again for 94 days, maturing on May 24, 2013.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp; This loan accrued a fixed interest at an annual rate. The subsidiary amortized interest and capital amortization consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On May 24, 2013, this loan was paid.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>f) &nbsp;&nbsp; On June 16, 2014, the subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. signed a bank loan with Banco Estado for a total of 6,200,000 euros, maturing on June 16, 2015.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This loan accrues a fixed interest at an annual rate. The subsidiary amortizes interest and capital amortization consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>On June 17, 2015, payment of the loan was made.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>g)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On October 15, 2014, the subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. signed a bank loan with Banco Estado for a total of UF 380,000, maturing on October 15, 2019.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This loan accrues a fixed interest at an annual rate. The subsidiary amortizes interest semi-annually and capital amortization consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>h)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On December 3, 2014, the subsidiary Compa&#241;&#237;a Cervecera Kunstmann S.A. signed a bank loan with Banco Estado for a total of ThCh$ 1,300,000, maturing on March 31, 2015. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>This loan accrues a fixed interest at an annual rate. The subsidiary amortizes interest and capital amortization consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>On May 29, 2015 the loan was renewed for a term of 3 months, maturing on July 28, 2015.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>On July 17, 2015, payment of the loan was made.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Banco de Chile &#8211; Bank Loans</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>a) On July 11, 2011, the subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. signed a bank loan with Banco de Chile for a total of US$ 4,436,100, maturing on July 11, 2016.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp; This loan accrues interest at a compound floating rate Libor plus 180 days plus a fixed margin. The subsidiary amortizes interest semi-annually, and capital amortization consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp; This debt was changed to Euros and a fixed interest rate through a currency US$-Euro and interest rate swap agreements (Cross Currency Interest Rate Swap). For details of the Company`s hedge strategies see </FONT><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 5 and&nbsp;6</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>b) On July 7, 2011, the subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. signed a bank loan with Banco de Chile for a total of US$ 10,000,000, maturing on July 7, 2016.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp; This loan accrues interest at a compound floating rate Libor plus 180 days plus a fixed margin. The subsidiary amortizes interest semi-annually, and capital amortization consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp; The interest rate risk to which the subsidiary is exposed as result of this loan is mitigated by the use of cross interest rate swap agreements (interest rate fixed). For details of the Company`s hedge strategies see </FONT><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 5&nbsp;<FONT style="FONT-SIZE: 9pt" face=Arial>and </FONT>6</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-82</FONT></P>

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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp; The aforementioned loans oblige the Company to comply with the same covenants as the Series A Bond as indicated in letter D) </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Restrictions in this Note. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>c) On April 24, 2014, the subsidiary Compa&#241;&#237;a Cervecera Kunstmann S.A. signed a bank loan with Banco de Chile for a total of ThCh$ 1,000,000, maturing on April 24, 2015.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp; This loan accrued interest at an annual rate. The subsidiary amortizes interest and capital consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp; On April 24, 2015 the loan was renewed for a term of 1 year, maturing on April 21, 2016. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>d)&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On April 24, 2015, the subsidiary Compa&#241;&#237;a Cervecera Kunstmann SA He signed a bank loan with Banco de Chile for a total of ThCh$ 600,000 for a period of three months expiring on July 24, 2015.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>This loan bears interest at a fixed interest rate. The subsidiary pays the interest and principal in a single payment at the end of the deadline.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: 5.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On July 24, 2015, payment of the loan was made.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Banco Scotiabank &#8211; Bank Loans</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>a)&nbsp;&nbsp; On June 21, 2012, the subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. signed a bank loan with Banco Scotiabank for a total of US$ 3,897,940, maturing on June 20, 2013.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This loan accrued interest at a compound floating rate Libor plus 180 days plus a fixed margin. The subsidiary amortized interest quarterly and capital amortization consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This debt was changed to Euros and a fixed interest rate through a currency US$-Euro and interest rate swap agreements (Cross Currency Interest Rate Swap).&nbsp;<FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;For details of the Company`s hedge strategies see </FONT><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 5 and 6</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On June 20, 2013, this loan was paid.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>b)&nbsp;&nbsp; On June 21, 2012, the subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. signed a bank loan with Banco Scotiabank for a total of US$ 11,000,000, maturing on June 21, 2013.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This loan accrued interest at a compound floating rate Libor plus 180 days plus a fixed margin. The subsidiary amortized interest semi-annually and capital amortization consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On June 21, 2013, this loan was paid.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>c)&nbsp; On June 21, 2013, the subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. signed a bank loan with Banco Scotiabank for a total of US$ 8,000,000, maturing on June 22, 2015.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This loan accrues interest at a compound floating rate Libor plus 90 days plus a fixed margin. The subsidiary amortizes interest quarterly and capital amortization consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The interest rate risk to which the subsidiary is exposed as result of this loan is mitigated by the use of cross interest rate swap agreements (interest rate fixed). For details of the Company`s hedge strategies see </FONT><EM><B><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 5 and&nbsp;</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>6</FONT></B></EM><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On June 22, 2015, payment of the loan was made.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>d)&nbsp;&nbsp; On September 4, 2014, the subsidiary Compa&#241;&#237;a Cervecera Kunstmann S.A. signed a bank loan with Banco Scotiabank for a total of US$ 638,674, maturing on September 4, 2016.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This loan accrues a fixed interest at an annual rate. The subsidiary amortizes interest semi-annually and capital amortization consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV>

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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>e</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>)&nbsp; On June 17, 2015, the subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. it signed a bank loan with Scotiabank for a total of US$ 7,871,500, with a term of three years maturing on June 18, 2018.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>This loan bears interest at a floating interest rate composed dollar Libor at 90 days plus a fixed margin. The company pays quarterly interest and amortization of capital consists of a single payment at the end of the deadline.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The interest rate risk to which the subsidiary is exposed as result of this loan is mitigated by the use of cross interest rate swap agreements (interest rate fixed). For details of the Company`s hedge strategies see </FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt; FONT-STYLE: normal" color=#339966 face=Arial,sans-serif><EM>Note 5 and</EM>&nbsp;</FONT></B><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>6</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The aforementioned loans oblige the Company to comply with the covenants indicated in letter D) Restriction in this Note.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>f)&nbsp;&nbsp; On April 24, 2015, the subsidiary Compa&#241;&#237;a Cervecera Kunstmann SA He signed a bank loan with Scotiabank for a total of US $ 1,000,000, with a term of one year expiring at April 22, 2016.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>This loan accrues a fixed interest at an annual rate. The subsidiary amortizes interest semi-annually and capital amortization consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Banco Santander Chile &#8211; Bank Loans</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>a)&nbsp;&nbsp; On June 17, 2013, the subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. signed a bank loan with Banco Santander Chile for a total of US$ 8,000,000, maturing on June 17, 2014.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This loan accrues a fixed interest at an annual rate. The subsidiary amortizes interest and capital amortization consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On June 17, 2014, this loan was paid.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>b)&nbsp;&nbsp; On June 17, 2013, the subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. signed a bank loan with Banco Santander Chile for a total of 6,200,000 Euros, maturing on June 17, 2014.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This loan accrues a fixed interest at an annual rate. The subsidiary amortizes interest and capital amortization consists of a single payment at the end of the established term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On June 17, 2014, this loan was paid.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>BBVA Banco Franc&#233;s S.A.; HSBC Bank Argentina S.A.; Banco de Galicia y Buenos Aires S.A.; La Sucursal de Citibank NA established in Argentinian Republic; Banco de La Provincia de Buenos Aires &#8211; Syndicated Bank Loan with Compa&#241;&#237;a Industrial Cervecera S.A. (CICSA)</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>On October 5, 2012, the subsidiary CICSA signed a syndicated bank loan for a total of 187.5 million Argentine Pesos, maturing on October 5, 2015.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The proportional participation of banks lenders is as follows:</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -36pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>a)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>BBVA Bank French S.A., with 55 million Argentine Pesos of pro rata participation.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif>b)</FONT><FONT lang=ES-CL style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif>Banco de la Provincia de Buenos Aires, with 54 million Argentine Pesos.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 35.4pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>c)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>HSBC Bank Argentina S.A., with 43.5 million Argentine Pesos of pro rata participation.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 35.4pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif>d)</FONT><FONT lang=ES-CL style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif>Banco de Galicia y Buenos Aires S.A., with 20 million Argentine Pesos of pro rata participation.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>e)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Citibank NA established in Argentinian Republic, with 15 million Argentine Pesos of pro rata participation.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>This loan accrues interest at an annual rate of 15.01% whose payment is made monthly. The subsidiary amortizes capital in 9 consecutive and equal quarterly quotes, once the grace period of 12 months from the date of disbursement.</FONT></P>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-84</FONT></P>

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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>This loan obliges the subsidiary to meet specific requirements and financial covenants related to their Consolidated Financial Statements, which according to agreement of the parties are as follows:</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>a)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain a capability of repayment measure at the end of each quarter less than or equal to 3, calculated as the financial debt over Adjusted EBITDA<FONT style="FONT-SIZE: 9pt" face=Arial><SUP>1</SUP></FONT></FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>. </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Adjusted EBITDA means EBITDA as calculated by the Company in accordance with particular debt instruments in order to measure such instruments&#8217; financial covenants and is defined as: Operating result before Interest, Income taxes, Depreciation and Amortization for the period of 12 months immediately prior to the date of calculation.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>b)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain a Financial Expense Coverage measured at the end of each quarter and retroactively for periods of 12 months, not less than 2.5, calculated as the ratio of Adjusted EBITDA (as defined in paragraph (a)) and Financial Costs account. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>c)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain at the end of each quarter an indebtedness ratio not higher than 1.5, defined as the ratio Financial Liabilities over the Equity&nbsp; meaning the Equity at the time of calculation, as it arises from their Financial Statements and in accordance with generally accepted accounting principles in the Argentinian Republic.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>d)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain at the end of each quarter a minimum Equity of 600 million of Argentine Pesos.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015, the Company was in compliance with the financial covenants and specific requirements of this loan.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><STRONG><EM><FONT color=#339966 face=Arial></FONT></EM></STRONG>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Banco de la Naci&#243;n Argentina &#8211; Bank Loan with Compa&#241;&#237;a Industrial Cervecera S.A. (CICSA)</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif><STRONG><EM></EM></STRONG></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>a)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>On December 28, 2012, CICSA signed a bank loan for a total of 140 million of Argentine pesos for a period of 7 years, maturing on November 26, 2019, and whose loan is delivered in two stages, where the first was carried out on December 28, 2012, for a total of 56 million argentine pesos and the second on June 28, 2013, for a total of 84 million of Argentine pesos.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This loan accrues interest at an annual rate of 15% fixed by first 36 months. </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Having completed that term, accrues interest at a compound floating rate BADLAR in pesos plus a fixed spread of 400 basis points and to this effect will be taken BADLAR rate published by the Central Bank of the Argentina Republic, corresponding to five working days prior to the start of the period, subject to the condition that does not exceed the lending rate of portfolio general of Banco de la Naci&#243;n Argentina, in whose case shall apply this.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The subsidiary amortizes capital in 74 consecutive and equal, once the grace period of 10 months from the date of disbursement.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This loan is guaranteed by CCU S.A., through a Stand By issued by the Banco Estado de Chile in favor of Banco de la Naci&#243;n Argentina (</FONT><FONT lang=EN-US style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=windowtext face=Arial,sans-serif>see</FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt; FONT-STYLE: normal" color=#339966 face=Arial,sans-serif> </FONT></B><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 35</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>)</FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>b)&nbsp;&nbsp; On April 20, 2015, the subsidiary CICSA signed a bank loan for a total of 24 million of argentine pesos, maturing on April 4, 2018.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This loan accrues interest </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>at a compound floating rate BADLAR in pesos plus a fixed spread of 500 basis points and subject to the condition that does not exceed the lending rate of portfolio general of Banco de la Naci&#243;n Argentina, in whose case shall apply this.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The subsidiary amortizes capital in 30 monthly, once the grace period of 6 months from de date of disbursement.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This loan is guaranteed by CCU S.A., through a Stand By issued by the Banco Estado de Chile (</FONT><FONT lang=EN-US style="FONT-SIZE: 9pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=windowtext face=Arial,sans-serif>see</FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt; FONT-STYLE: normal" color=#339966 face=Arial,sans-serif> </FONT></B><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 35</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>)</FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>c</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>)&nbsp;&nbsp; On June 26, 2015, the subsidiary CICSA signed a bank loan for a total of 30 million of argentine pesos, maturing on December 26, 2015.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This loan accrues a fixed interest at an annual rate of 23%. The subsidiary amortizes monthly interest and the capital amortization in 6 monthly.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>&nbsp;<SUP>1</SUP>EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization).</FONT></P><FONT lang=PT-BR></FONT></DIV>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-85</FONT></P>

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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Banco BBVA Franc&#233;s S.A. &#8211; Bank Loan with Compa&#241;&#237;a Industrial Cervecera S.A. (CICSA)</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On June 18, 2014, the subsidiary CICSA signed a bank loan with BBVA Bank for a total of 90 million argentine pesos, maturing on June 19, 2017.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>This loan accrues a fixed interest at an annual rate. The subsidiary amortizes interest and capital amortization quarterly.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Banco de Galicia y Buenos Aires S.A.; Banco Santander R&#237;o S.A.; &#8211; Syndicated Bank Loan with Compa&#241;&#237;a Industrial Cervecera S.A. (CICSA) </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On April 20, 2015, the subsidiary CICSA signed a syndicated bank loan for a total of 150 million argentine pesos, maturing on April 20, 2018.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The proportional participation of banks lenders is as follows:</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>(a) Banco de Galicia y Buenos Aires S.A., with 75 million argentine pesos of pro rata participation.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>(b)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Banco Santander R&#237;o, with 75 million argentine pesos of pro rata participation.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>This loan accrues interest at an annual rate of 29.4% fixed by first 12 months and thereafter </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>accrues interest at a compound floating rate BADLAR in pesos plus a fixed spread of 360 basis points and the payments will be quarterly. The capital amortization will payment in 9 quarterly, </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>once the grace period of 12 months from de date of disbursement</FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 21.3pt; TEXT-INDENT: -21.3pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>This loan obliges the subsidiary to meet specific requirements and financial covenants related to their Consolidated Financial Statements, which according to agreement of the parties are as follows:</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>a)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain a capability of repayment measure at the end of each quarter less than or equal to 3, calculated as the financial debt over Adjusted EBITDA<SUP>2</SUP></FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>. </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Adjusted EBITDA means EBITDA as calculated by the Company in accordance with particular debt instruments in order to measure such instruments&#8217; financial covenants and is defined as: Operating result before Interest, Income taxes, Depreciation and Amortization for the period of 12 months immediately prior to the date of calculation.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>b)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain a Financial Expense Coverage measured at the end of each quarter and retroactively for periods of 12 months, not less than 2.5, calculated as the ratio of Adjusted EBITDA (as defined in paragraph (a)) and Financial Costs account. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>c)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain at the end of each quarter an indebtedness ratio not higher than 1.5, defined as the ratio Financial Liabilities over the Equity&nbsp; meaning the Equity at the time of calculation, as it arises from their Financial Statements and in accordance with generally accepted accounting principles in the Argentinian Republic.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>d)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain at the end of each quarter a minimum Equity of 600 million of Argentine Pesos.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015, the Company was in compliance with the financial covenants and specific requirements of this loan.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>&nbsp;<SUP>2</SUP>EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization).</FONT></P><FONT lang=PT-BR></FONT></DIV>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-86</FONT></P>

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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 21.3pt; TEXT-INDENT: -21.3pt"><B><FONT lang=ES-CL style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>B)</FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 7pt; TEXT-DECORATION: none" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>Financial Lease Obligations</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The most significant financial lease agreements are as follows:</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>CCU S.A.</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In December, 2004, the Company sold a piece of land previously classified as investment property. As part of the transaction, the Company leased eleven floors of a building under construction on the mentioned piece of land.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The building was completed during 2007, and on June 28, 2007, the Company entered into a 25-years lease agreement with Compa&#241;&#237;a de Seguros de Vida Consorcio Nacional de Seguros S.A., for a total amount of UF 688,635.63, with an annual interest rate of 7.07%. The current value of the agreement amounted to ThCh$ 10,403,632 as of December 31, 2007. The agreement also grants CCU the right or option to acquire the assets contained in the agreement (real estate, furniture and facilities) as from month 68 of the lease. The lease rentals committed are according to the conditions prevailing in the market. For Chilean GAAP purposes, in 2004 the Company recognized a ThCh$ 3,108,950 gain for the building portion not leased by the Company, and a ThCh$ 2,276,677 liability deferred through completion of the building, when the Company recorded the transaction as financial lease.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 9pt; FONT-WEIGHT: normal" color=#339966 face=Arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><I><FONT lang=ES-CL style="FONT-SIZE: 9pt; FONT-WEIGHT: normal" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecera Kunstmann S.A., Manantial S.A. and Finca La Celia S.A.:</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Other lease agreements are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 28.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="28%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">Type</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">Institution</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">Contract Date</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">Currency</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">Number of quotas</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">Anual Interest </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">%</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 28.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">Purchase option (UF)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 13.5pt">

   <TD style="HEIGHT: 13.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="100%" colSpan=8>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">Compa&#241;&#237;a Cervecera Kunstmann S.A.</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="28%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Production Plant</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Banco de Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">19-04-05</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">20,489 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">168</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">8.30%</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">302</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="28%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Land Lote 2 C</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Banco de Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">26-06-07</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">7,716 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">121</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">5.80%</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">85</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="28%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Land Lote 2 D</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Banco de Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">25-03-08</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">15,000 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">97</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">4.30%</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">183</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="28%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Land Lote 13F1</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Banco Estado</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">10-10-12</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">22,341 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">72</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">4.33%</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">348</FONT></P></TD></TR>

<TR style="HEIGHT: 13.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 13.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="100%" colSpan=8>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">Manantial S.A.</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="28%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Dispensers</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Banco de Cr&#233;dito e Inversiones</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">04-01-12</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">4,275 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">37</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">5.06%</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">116</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="28%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Dispensers</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Banco de Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">05-12-11</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">1,073 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">37</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">5.98%</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">311</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="28%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Vehicles</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Banco de Chile</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">27-08-12</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">1,265 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">25</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">12.63%</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">51</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="28%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Vehicles</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Banco Estado</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">15-09-11</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">5,342 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">25</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">14.01%</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">208</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="28%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Computers</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Banco Security</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">23-08-11</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">2,387 </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">37</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">6.99%</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">65</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="28%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Dispensers</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Banco Security</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">09-08-11</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">UF</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">20,845 </FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">37</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">6.62%</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">563</FONT></P></TD></TR>

<TR style="HEIGHT: 12pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="100%" colSpan=8>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">Finca La Celia S.A.</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="28%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Automotor</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">Banco Supervielle</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">10-06-14</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">10,814 </FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">45</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">17.50%</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">6,250</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="28%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="8%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="9%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The following is a detail of future payments and the current value of the financial lease obligations as of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, 2015:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Lease Minimum Future Payments</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD></TR>

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   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Gross Amount</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Interest</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Current Value</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Less than one years</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,505,697</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,184,281</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">321,416</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Between one and five year</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,148,941</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,538,956</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">609,985</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Over five years</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">28,871,228</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,242,755</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">16,628,473</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">35,525,866</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">17,965,992</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">17,559,874</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-87</FONT></P>

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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 21.3pt; TEXT-INDENT: -21.3pt"><B><FONT lang=ES-CL style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>C)</FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 7pt; TEXT-DECORATION: none" color=#003300 face="times new roman">&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT lang=ES-CL style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>Bonds Payable</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Series A Bonds &#8211; Subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. </FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On June 13, 2005, the subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. recorded in the Securities Record a bond issue for a total UF 1,500,000 at a 20-years term maturing on July 15, 2025. Such issue was placed in the local market on July 20, 2005, with a premium amounting to ThCh$ 227,378. This obligation accrues interest at a fixed annual rate of 3.8% and amortizes interest and capital semi-annually.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On December 17, 2010, took place the Board of Bondholders Serie A, which decided to modify the issued Contract of such bonds in order to update certain references and adapt it to the new IFRS accounting standards. The amendment of the issued Contract is dated December 21, 2010 and has the repertory No. 35739-2010 in the Notary of Ricardo San Mart&#237;n Urrejola. Because of these changes, the commitment of this subsidiary is to comply with certain financial ratios that will be calculated only on the Consolidated Financial Statements. These financial ratios and other conditions are describe in letter D).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On July 21, 2011 the subsidiary made a partial prepayment for 750 Series A Bonds (of the 1,500 issued) equivalent to <BR>UF 513,750, according to Section Twelve of Clause Four for the Issue Contract Bond issued by public deed dated April 28, 2005. Additionally, the subsidiary recognized in the Consolidated Income Statement of that date an expenditure of <BR>ThCh$ 103,735, for expenses associated with the issuance of this debt.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On November 7, 2014, the subsidiary made a total prepayment for Series A Bonus for an amount of ThCh$ 9,778,759 and recognized in the Consolidated Income Statement of that date an expenditure of ThCh$ 117,200.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>At the time of this total prepayment, the subsidiary&nbsp;was in compliance with the financial covenants required for this public issue detailed in letter D).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Series E Bonds &#8211; CCU S.A.</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On October 18, 2004, under number 388 the Company recorded in the Securities Record the issue of 20-year term public bonds for a total UF 2,000,000 maturing on December 1, 2024. This issue was placed in the local market on December 1, 2004, with a discount amounting to ThCh$ 897,857. This obligation accrues interests at a fixed annual rate of 4.0%, and it amortizes interest and capital semi-annually.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On December 17, 2010, took place the Board of Bondholders Serie E, which decided to modify the issued Contract of those bonds in order to update certain references and adapt it to the new IFRS accounting standards. The amendment of the issued Contract is dated December 21, 2010 and has the repertory No. 35738-2010 in the Notary of Ricardo San Mart&#237;n Urrejola. Because of these changes, the commitment of the Company is to comply with certain financial ratios that will be calculated only on the Consolidated Financial Statements. These financial ratios and other conditions are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.75pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(a)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain at the end of each quarter an indebtedness ratio measured over the consolidated financial statements not higher than 1.5, defined as the ratio of Total Adjusted Liabilities and Total Adjusted Equity. Total Adjusted Liabilities is defined as Total Liabilities less Dividends provisioned, according to policy included in the Statement of Changes in Equity, plus the amount of all guarantees granted by the Issuer or its subsidiaries that are cautioned by real guarantees, except as noted in the contract.&nbsp; Total Adjusted Equity is defined as Total Equity plus Dividends provisioned, according to policy included in the Statement of Changes in Equity. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.75pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.75pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(b)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain a Financial Expense Coverage measured at the end of each quarter and retroactively for periods of 12 months, not less than 3, calculated as the ratio of Adjusted EBITDA and Financial Costs account. Adjusted EBITDA means EBITDA as calculated by the Company in accordance with particular debt instruments in order to measure such instruments&#8217; financial covenants and is defined as: (i) the sum of Gross Margin and Other income by function accounts; (ii) less (absolute numbers) Distribution costs, Administrative expenses and Other expenses by function accounts; and (iii) plus (absolute numbers) Depreciation and Amortization recorded on the Note Nature of the costs and expenses.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.75pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.75pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(c)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain at the end of each quarter, assets free of liens for an amount equal to at least 1.2, defined as the ratio of Total Assets free of lien and Total Adjusted Liabilities free of lien. Is defined as Total Assets free of lien are defined as Total Assets less assets pledged as collateral for cautioned obligations of third parties. Total Adjusted Liabilities free of lien are defined as Total Liabilities less Dividends provisioned according to policy contained in the Statement of Changes in Equity.</FONT></P>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-88</FONT></P>

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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.75pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.75pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(d)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain at the end of each quarter a minimum equity of ThCh$ 312,516,750, meaning Equity Attributable to Equity Holders of the Parent plus the Dividends provisioned account, according to policy contained in the Statement of Changes in Equity. This requirement will increase in the amount resulting from each revaluation of property, plant and equipment to be performed by the Issuer.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.75pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.75pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(e)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>To maintain, either directly or indirectly, ownership over more than 50% of the subscribed and paid-up shares and over the voting rights of the following companies: Cervecera CCU Chile Limitada, Embotelladoras Chilenas Unidas S.A. and Vi&#241;a San Pedro Tarapac&#225; S.A., except in the cases and under the terms established in the agreement.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(f)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>To maintain, either directly or through a subsidiary, ownership of the trademark "CRISTAL", denominative for beer class 32 of the international classifier, and not to transfer its use, except to its subsidiaries. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(g)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Not to make investments in facilities issued by related parties, except in the cases and under the terms established in the agreement.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(h)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Neither sells nor transfer assets from the issuer and its subsidiaries representing over 25% of the assets total of the consolidated financial statements.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, 2015 and December 31, 2014, the Company was in compliance with the financial covenants required for this public issue.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 8pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 8pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Series H and I Bonds &#8211; CCU S.A.</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On March 23, 2009, the Company recorded in the Securities Record the issue of bonds Series H and I for a combined total of UF 5 million, with 5 and 21 years terms, respectively. Emissions of both series were placed in the local market on April 2, 2009.&nbsp; The issuance of the Bond I was UF 3 million&nbsp; with maturity on March 15, 2014, with a discount amounting to <BR>ThCh$ 413,181, and accrues interest at an annual fixed rate of 3.0%, with amortize interest semi-annually and excluding the capital (bullet).&nbsp; The issuance of the Bond H was UF 2 million&nbsp; with maturity on March 15, 2030, with a discount amounting to ThCh$ 156,952, and accrues interest at an annual fixed rate of 4.25%, with amortizes interest and capital semi-annually.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>By deed dated December 27, 2010 issued in the Notary of Ricardo San Mart&#237;n Urrejola, under repertoires No. 36446-2010 and 36447-2010, were amended Issue Contract Series H and I, respectively, in order to update certain references and to adapt to the new IFRS accounting rules.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The current issue was subscribed with Banco Santander Chile as representative of the bond holders and as paying bank, and it requires that the Company complies with the following financial covenants on its Consolidated Financial Statements and other specific requirements:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(a)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain at the end of each quarter an indebtedness ratio measured over the consolidated financial statements not higher than 1.5, defined as the ratio of Total Adjusted Liabilities and Total Adjusted Equity. The Total Adjusted Liabilities are defined as Total Liabilities less Dividends provisioned, according to policy included in the Statement of Changes in Equity, plus the amount of all guarantees, debts or obligations of third parties not within the liability and outside the Issuer or its subsidiaries that are cautioned by real guarantees granted by the Issuer or its subsidiaries. Total Adjusted Equity is defined as Total Equity plus Dividends provisioned account, according to policy included in the Statement of Changes in Equity.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(b)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain a Financial Expense Coverage measured at the end of each quarter and retroactively for periods of 12 months, not less than 3, calculated as the ratio of Adjusted EBITDA and Financial Costs account. Adjusted EBITDA means EBITDA as calculated by the Company in accordance with particular debt instruments in order to measure such instruments&#8217; financial covenants and is defined as: (i) the sum of Gross Margin and Other income by function accounts; (ii) less (absolute numbers) Distribution costs, Administrative expenses and Other expenses by function accounts; and (iii) plus (absolute numbers) Depreciation and Amortization recorded on the Note Nature of the cost and expenses.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(c)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain at the end of each quarter, assets free of liens for an amount equal to, at least, 1.2, defined as the ratio of Total Assets free of lien and Financial Debt free of lien. Total Assets free of lien are defined as Total Assets less assets pledged as collateral for cautioned obligations of third parties. Financial Debt free of lien is defined as the sum of lines Bank Loans, Bonds payable and Finance lease obligations contained in Note Other financial liabilities of the Consolidated Financial Statements.</FONT></P>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-89</FONT></P>

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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">

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   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(d)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain at the end of each quarter a minimum equity of ThCh$ 312,516,750, meaning Equity Attributable to Equity Holders of the Parent plus the Dividends provisioned account, according to policy included in the Statement of Changes in Equity. This requirement will increase in the amount resulting from each revaluation of property, plant and equipment to be performed by the Issuer.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(e)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>To maintain, either directly or indirectly, ownership over more than 50% of the subscribed and paid-up shares and over the voting rights of the following companies: Cervecera CCU Chile Limitada and Embotelladoras Chilenas Unidas S.A.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.75pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(f)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain a nominal installed capacity for the production manufacturing of beer and soft drinks, equal or higher altogether than 15.9 million hectolitres a year, except in the cases and under the terms of the contract.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.75pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.75pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(g)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>To maintain, either directly or through a subsidiary, ownership of the trademark "CRISTAL", denominative for beer class 32 of the international classifier, and not to transfer its use, except to its subsidiaries.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.75pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.75pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(h)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Not to make investments in facilities issued by related parties, except in the cases and under the terms established in the agreement.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On March 17, 2014, the Company paid the total Serie I Bonds, equivalent UF 3,000,000.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif> and December 31, 2014, the Company was in compliance with the financial covenants required for this public issue.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 21.3pt; TEXT-INDENT: -21.3pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif>D) Restriction of subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A.</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 21.3pt; TEXT-INDENT: -21.3pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. must </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>comply with certain financial ratios that will be calculated only on its Consolidated Financial Statements. These financial ratios and other conditions are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 21.3pt; TEXT-INDENT: -21.3pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=#003300 face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(a)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Control over subsidiaries representing at least 30% of the consolidated Adjusted EBITDA of the issuer. Adjusted EBITDA. Adjusted EBITDA means EBITDA as calculated by the Company in accordance with particular debt instruments in order to measure such instruments&#8217; financial covenants and is defined as: (i) the sum of Gross Margin and Other income by function accounts; (ii) less (absolute numbers) Distribution costs, Administrative expenses and Other expenses by function accounts; and (iii) plus (absolute numbers) Depreciation and Amortization recorded in the Note Nature of the costs and expenses.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(b)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Not to enter into investments in instruments issued by related parties different from its subsidiaries.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(c)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Neither sells nor transfers essential assets that jeopardize the continuance of its current purpose. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(d)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain at the end of each quarter an indebtedness ratio measured over the consolidated financial statements not higher than 1.2, defined as the ratio of Total Adjusted Liabilities and Total Adjusted Equity. The Total Adjusted Liabilities is defined as Total Liabilities less Dividends provisioned, according to policy contained in the Statement of Changes in Equity, plus the amount of all guarantees, debts or obligations of third parties not within the liabilities and outside the Issuer or its subsidiaries that are cautioned by real guarantees granted by the Issuer or its subsidiaries. Total Adjusted Equity is defined as Total Equity plus Dividends provisioned, according to policy contained in the Statement of Changes in Equity. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(e)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain a Financial Expense Coverage measured at the end of each quarter and retroactively for periods of 12 months, not less than 3, calculated as the ratio of Adjusted EBITDA (as defined in paragraph (a)) and Financial Costs account. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>(f)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Maintain at the end of each quarter a minimum equity of ThCh$ 83,337,800, meaning Equity Attributable to Equity Holders of the Parent plus the Dividends provisioned account, according to policy included in the Statement of Changes in Equity. This requirement will increase in the amount resulting from each revaluation of property, plant and equipment to be performed by the Issuer.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 21.3pt; TEXT-INDENT: -21.3pt"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV>

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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif></FONT></B></DIV>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif></FONT></B>&nbsp;</H1>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 28 </FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif>Accounts payable &#8211; trade and other payables</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015 and 2014</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, the total Accounts payable-trade and other payables are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">&nbsp;31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Suppliers</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">179,926,026</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">159,782,385</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Notes payable</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,575,754</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,940,353</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Withholdings payable</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">43,880,121</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">40,429,573</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">229,381,901</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">204,152,311</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Current</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">227,736,803</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">203,782,805</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Non-current</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,645,098</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">369,506</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">229,381,901</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">204,152,311</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 29 </FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=#003300><FONT style="FONT-FAMILY: Arial">Provisions</FONT> </FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015 and 2014</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, the total provisions recorded in the consolidated statement of financial position are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="72%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">&nbsp;31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Litigation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,343,374</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,023,895</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">636,584</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,596,196</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,979,958</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2,620,091</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Current</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">503,440</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">410,259</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Non-current</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,476,518</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,209,832</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,979,958</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2,620,091</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The following was the change in provisions during the years ended as of &nbsp;December 31, 2014 and 2015:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="57%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Litigation</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Others</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" colSpan=2 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" colSpan=2 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="57%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of January 1, 2014</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,294,570</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,673,910</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2,968,480</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="57%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="57%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Incorporated</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">622,320</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">151,966</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">774,286</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="57%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Used</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(751,636)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,668)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(753,304)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="57%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Released</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(71,667)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(175,968)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(247,635)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="57%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Conversion effect</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(69,692)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(52,044)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(121,736)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="57%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,023,895</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,596,196</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2,620,091</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="57%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="57%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Incorporated</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">792,724</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">888</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">793,612</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="57%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Used</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(222,139)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(222,139)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="57%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Released</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(31,005)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(801,778)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(832,783)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="57%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Conversion effect</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(220,101)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(158,722)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(378,823)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="57%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">(1)</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,343,374</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="4%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">636,584</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,979,958</FONT></B></P></TD></TR></TABLE><FONT lang=EN-US style="FONT-SIZE: 1pt" face=Arial,sans-serif></FONT></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>(1)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>See </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif>Note 35</FONT></I></B><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif></FONT><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-91</FONT></P>

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<TR style="HEIGHT: 44.95pt">

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="67%">

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The maturities of provisions at December 31, 2015, were as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="58%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Litigation</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Others</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="58%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Less than one year</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">503,441</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">503,441</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="58%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Between two and five years</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">486,294</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">636,584</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,122,878</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="58%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Over five years</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">353,639</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">353,639</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="58%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,343,374</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">636,584</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,979,958</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Litigation</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The detail of significant litigation proceedings to which the Company is exposed at a consolidated level is described in <BR></FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 35</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Management believes based on the development of such proceedings to date, the provisions established on a case by basis are adequate to cover the eventual adverse effects that could arise from these proceedings.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 30 </FONT></B><FONT style="FONT-FAMILY: Arial"></FONT><B><FONT lang=EN-GB style="FONT-SIZE: 12pt; TEXT-DECORATION: none; FONT-FAMILY: Arial" color=#003300>Other non-financial liabilities</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015 and 2014</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, the total Other non-financial liabilities are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">&nbsp;31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Parent dividend provisioned by the board</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">24,387,190</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">23,278,681</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Parent dividend provisioned according to policy</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">36,016,878</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">36,500,001</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Outstanding parent dividends</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">723,259</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">520,145</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Subsidiaries dividends according to policy</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,725,015</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,764,386</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">89,802</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">833,550</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">70,942,144</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">68,896,763</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Current</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">70,942,144</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">68,896,763</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">70,942,144</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">68,896,763</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 31 </FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif>Employee Benefits</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company grants short term and employment termination benefits as part of its compensation policies. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Parent Company and its subsidiaries maintain collective agreements with their employees, which establish the compensation and/or short&#8211;term and long-term benefits for their staff, the main features of which are described below:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>i. Short-term benefits are generally based on combined plans or agreements, designed to compensate benefits received, such as paid vacation, annual performance bonuses and compensation through annuities.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 9pt; TEXT-INDENT: -9pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>ii. Long-term benefits are plans or agreements mainly intended to cover the post-employment benefits generated at the end of the labour relationship, be it by voluntary resignation or death of personnel hired.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The cost of such benefits is charged against income, in the &#8220;Personnel Expense&#8221; item.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015 and 2014</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, the total staff benefits recorded in the Consolidated Statement of Financial Position is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-92</FONT></P>

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   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="67%">

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

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<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="72%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Employees&#8217; Benefits</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Short term benefits</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">21,617,103</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,943,771</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Employment termination benefits</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">19,043,559</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,437,222</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">40,660,662</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">35,380,993</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Current</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">21,712,059</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,943,771</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Non-current</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">18,948,603</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,437,222</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">40,660,662</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">35,380,993</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Employees&#8217; Bonuses </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Short-term benefits are mainly comprised of recorded vacation (on accruals basis), bonuses and share compensation. Such benefits are recorded when the obligation is accrued and are usually paid within a 12-month periods, consequently, they are not discounted. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015 and 2014</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, the total short-term benefits recorded in the Consolidated Statement of Financial Position are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="72%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Short-Term Employees&#8217; Benefits</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">&nbsp;31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Vacation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,442,610</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,856,572</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bonus and compensation</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,174,493</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,087,199</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">21,617,103</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">17,943,771</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company records the staff vacation cost on an accrual basis.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Severance Indemnity</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company records a liability for the payment of an irrevocable severance indemnity, originated by collective and individual agreements entered into with certain groups of employees. Such obligation is determined by means of the current value of the benefit accrued cost, a method that considers several factors for the calculation such as estimates of future continuance, mortality rates, future salary increases and discount rates. The Company periodically evaluates the above-mentioned factors based on historical data and future projections, making adjustments that apply when checking changes sustained trend. The so-determined value is presented at the current value by using the severance benefits accrued method. The discount rate is determined by reference to market interest rates curves for high quality entrepreneurial bonds. The discount rate in Chile was 6.36% (6.00% in 2014) and in Argentina 39.26% (42.43% in 2014).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, the obligation recorded for severance indemnity is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="72%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Severance Indemnity</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">&nbsp;31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Current</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">94,956</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Non-current</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">18,948,603</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,437,222</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">19,043,559</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">17,437,222</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-93</FONT></P>

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<TR style="HEIGHT: 44.95pt">

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="67%">

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The change in the severance indemnity during the year ended as of December 31, 2014 and 2015 was as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 24pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 24pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="86%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Severance Indemnity</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 24pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Severance </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Indemnity</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Balance as of January 1, 2014</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">16,574,806</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Current cost of service</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">601,053</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Interest cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,187,731</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Actuarial loss</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,884,054</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Paid-up benefits</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(3,341,434)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Past service cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,090,429</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">From business combinations</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">893,608</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,453,025)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Movements of the year</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">862,416</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">17,437,222</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Current cost of service</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,023,969</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Interest cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,703,107</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Actuarial loss</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">947,153</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Paid-up benefits</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,700,491)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Past service cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">131,204</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(498,605)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Movements of the year</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,606,337</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">19,043,559</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The figures recorded in the Consolidated Statement of Income as of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015, 2014 and 2013</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Expense recognized for severance indemnity</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="41%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Current cost of service</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,023,969</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">601,053</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">607,443</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Past service cost</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">131,204</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,090,429</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">430,120</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Non-provided paid benefits</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,377,570</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,916,192</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,860,262</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">646,501</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">335,808</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,333,466</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total expense recognized in Consolidated Statement of Income</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">6,179,244</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">7,943,482</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">5,231,291</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 5pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Actuarial Assumptions </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As mentioned in </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 2.<FONT style="FONT-SIZE: 9pt" face=Arial>20</FONT></FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif> </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>&#8211; Employees&#8217; Benefits</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, the severance payment obligation is recorded at its actuarial value. The main actuarial assumptions used for the calculation of the severance indemnity obligation as of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015 and 2014</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 5pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 10.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="48%" colSpan=3 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Actuarial Assumptions</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="26%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Chile</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 10.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="26%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Argentina</FONT></B></P></TD></TR>

<TR style="HEIGHT: 24pt">

   <TD style="HEIGHT: 24pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">31,</FONT></B></P></TD>

   <TD style="HEIGHT: 24pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">&nbsp;31,</FONT></B></P></TD>

   <TD style="HEIGHT: 24pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">31,</FONT></B></P></TD>

   <TD style="HEIGHT: 24pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">&nbsp;31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="48%" colSpan=3 noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Mortality table</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">RV-2004</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">RV-2004</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Gam'83</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Gam'83</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="48%" colSpan=3 noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Annual interest rate</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6.36%</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6.00%</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">39.26%</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">42.43%</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="48%" colSpan=3 noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Voluntary employee turnover rate</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1.9%</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1.9%</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">n/a</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">n/a</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="48%" colSpan=3 noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Company&#8217;s needs rotation rate</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5.3%</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5.3%</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">n/a</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">n/a</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="48%" colSpan=3 noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Salary increase</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3.7%</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3.7%</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">36.35%</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">36.35%</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="29%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Officers</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">60</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">60</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">60</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">60</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="29%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Estimated retirement age for</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Other</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Male</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">65</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">65</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">65</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">65</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="29%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=bottom width="10%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="9%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Female</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">60</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">60</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">60</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">60</FONT></B></P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-94</FONT></P>

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<TR style="HEIGHT: 44.95pt">

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="67%">

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Sensitivity Analysis</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Following is a sensitivity analysis based on increased (decreased) of 1 percent on the discount rate:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<TR style="HEIGHT: 37.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 37.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="72%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Sensitivity Analysis</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 37.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 37.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1% increase in the Discount Rate (Gain)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,164,165</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,073,272</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1% decrease in the Discount Rate (Loss)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,344,213)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,245,219)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Personnel expense</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The amounts recorded in the Consolidated Statement of Income for the years ended as of </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>December 31, 2015, 2014 and 2013</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, are as follows:</FONT></P>

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<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Personal expense</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="41%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

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   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Salaries</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">138,359,074</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">119,623,310</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">108,611,206</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Employees&#8217; short-term benefits</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">24,693,325</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">18,128,043</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">19,887,127</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Employments termination benefits</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,179,245</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,943,482</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,231,291</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other staff expense</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">28,683,507</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">23,636,629</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">21,280,818</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total (1)</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">197,915,151</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">169,331,464</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">155,010,442</FONT></B></P></TD></TR></TABLE><FONT lang=ES-CL style="FONT-SIZE: 2pt" face=Arial,sans-serif></FONT></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=windowtext face=Arial,sans-serif>(1) </FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>See</FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif> Note 10</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=ES-CL style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 32 </FONT></B><FONT style="FONT-FAMILY: Arial"></FONT>
<A href="#_INDICE"><B><FONT lang=EN-GB style="FONT-SIZE: 12pt; TEXT-DECORATION: none; FONT-FAMILY: Arial" color=#003300>Non-controlling Interests</FONT></B></A></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The detail of Non-controlling Interests is the following:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif>a.</FONT><FONT lang=ES-CL style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Equity</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="72%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Equity</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 25.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">&nbsp;31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Vi&#241;a San Pedro Tarapac&#225; S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">72,512,897</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">69,856,322</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bebidas del Paraguay S.A.</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">20,403,140</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">21,903,962</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Aguas CCU-Nestl&#233; Chile S.A.</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">19,891,176</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">16,389,004</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Cervecera Kunstmann S.A.</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">4,979,490</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,424,495</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Pisquera de Chile S.A.</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">4,699,612</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,653,894</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">3,767,028</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,353,256</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Saenz Briones &amp; C&#237;a. S.A.</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">962,286</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,145,657</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Distribuidora del Paraguay S.A.</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">1,949,490</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">701,002</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Los Huemules S.R.L.</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">395,469</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">116,892</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Sidra La Victoria S.A.</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,166</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others</FONT></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">145,185</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">366,091</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">129,705,773</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">122,911,741</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-95</FONT></P>

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<TR style="HEIGHT: 44.95pt">

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="67%">

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif>b.</FONT><FONT lang=ES-CL style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Result</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="41%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Result</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Aguas CCU-Nestl&#233; Chile S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,052,867</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,408,750</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,870,501</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Vi&#241;a San Pedro Tarapac&#225; S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,182,843</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,003,439</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,319,366</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Cervecera Kunstmann S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,267,335</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">966,212</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,022,346</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Manantial S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">861,072</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">684,427</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">587,119</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Pisquera de Chile S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">592,506</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">889,482</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">765,624</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Saenz Briones &amp; C&#237;a. S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">128,407</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(58,433)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(733,068)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Distribuidora del Paraguay S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,144,911</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">429,527</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Bebidas del Paraguay S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(486,790)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">253,516</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Los Huemules S.R.L.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(45,370)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(48,171)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(12,624)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Sidra La Victoria S.A.</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">175</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">123</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">19,674</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">24,547</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">49,156</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">19,717,455</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">14,553,471</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">9,868,543</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 33 </FONT></B><FONT style="FONT-FAMILY: Arial"></FONT><B><FONT lang=EN-GB style="FONT-SIZE: 12pt; TEXT-DECORATION: none; FONT-FAMILY: Arial" color=#003300>Common Shareholders&#8217; Equity</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Subscribed and paid-up Capital</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Extraordinary Shareholders&#180;Meeting held on June 18, 2013, resolved to increase the capital of the Company in the amount of ThCh$ 340,000,000, through the issuance of 51,000,000 shares of common stock. Such shares are to be issued and paid&nbsp;within a period of 3 years as from June 18, 2013. Also, the Board of Directors, in accordance with the powers granted by the Extraordinary Shareholders&#180; Meeting, determined the price at which these shares were to be offered. Additionally, the above Extraordinary Shareholders&#180; Meeting agreed to recognize as part of the Paid-in Capital (Common Stock) the share premium for an amount of ThCh$ 15,479,173. Therefore, the Company&#180;s capital, including the referred capital increase, amounts to ThCh$ 571,019,592, divided into 369,502,872 shares of common stock, without face value, which has been subscribed and paid and&nbsp; shall be subscribe and paid as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>-</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>ThCh$ 231,019,592, divided into 318,502,872 shares, fully subscribed and paid prior to the date of the Extraordinary Shareholders&#180; Meeting.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>-</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>ThCh$ 340,000,000, divided into 51,000,000 shares, to be subscribed and paid.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On July 23, 2013 the Superintendencia de Valores y Seguros authorized the registration of such shares.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Subsequently, the Board of Director at the meeting held on September 12, 2013, set in $ 6,500 per share the price of the 51,000,000 shares to be placed during the preemptive-rights period, which extended from September 13 to October 12, 2013.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2013, the referred capital increase has been fully subscribed and paid, amounting to <BR>ThCh$ 331,673,754 and generated share premium and issuance and placement costs for ThCh$ 45,176 and <BR>ThCh$ 5,055,392, respectively, which are net recorded under item "Other reserves", in Equity. Any difference between the issuance and placement costs of shares must be recognized as a less paid-in capital in the next Extraordinary Shareholders&#180; Meeting that modifies the capital of the company.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015 and December 31, 2014, the Company&#8217;s capital shows a balance of ThCh$ 562,693,346, divided into 369,502,872 shares of common stock without face value, entirely subscribed and paid-up. The Company has issued only one series of common shares. Such common shares are registered for trading at the Santiago Stock Exchange, the Chilean Electronic Stock Exchange and the Valpara&#237;so Stock Exchange, and at the New York Stock Exchange /NYSE), evidenced by ADS (American Depositary Shares), with an equivalence of two shares per ADS (</FONT><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>See Note 1</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-96</FONT></P>

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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company has not issued any others shares or convertible instruments during the period, thus changing the number of outstanding shares as of December 31, 2015 and 2014.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Capital Management</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The main purpose, when managing shareholder&#8217;s capital, is to maintain an adequate credit risk profile and a healthy capital ratio, allowing the access of the Company to the capitals market for the development of its medium and long term purposes and, at the same time, to maximize shareholder&#8217;s return.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Consolidated Statement of Comprehensive Income</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015, 2014 and 2013, the detail of the comprehensive income and expense of the term is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

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<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Other Income and expense charged or credited against net equity</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Gross Balance</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Tax</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Net Balance</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cash flow hedge (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">80,693</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(17,563)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">63,130</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Conversion differences of international subsidiaries (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(29,678,944)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(29,678,944)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Actuarial gains and losses on defined benefit plans reserves </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(939,433)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">314,541</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(624,892)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total comprehensive income as of december 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(30,537,684)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">296,978</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(30,240,706)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Other Income and expense charged or credited against net equity</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Gross Balance</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Tax</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Net Balance</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cash flow hedge (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(155,258)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">39,470</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(115,788)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Conversion differences of international subsidiaries (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(4,629,683)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(4,629,683)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Actuarial gains and losses on defined benefit plans reserves </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,884,054)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">501,689</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(1,382,365)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total comprehensive income as of december 31, 2014</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(6,668,995)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">541,159</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(6,127,836)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="59%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Other Income and expense charged or credited against net equity</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Gross Balance</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Tax</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Net Balance</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Cash flow hedge (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">256,592</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(51,304)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">205,288</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Conversion differences of international subsidiaries (1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(17,054,187)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(17,054,187)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Actuarial gains and losses on defined benefit plans reserves </FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(469,987)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">105,151</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">(364,836)</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="59%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total comprehensive income As of December 31, 2013</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(17,267,582)</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">53,847</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">(17,213,735)</FONT></B></P></TD></TR></TABLE><FONT lang=ES-CL style="FONT-SIZE: 1pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=windowtext face=Arial,sans-serif></FONT></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 7pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=windowtext face=Arial,sans-serif>(1)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=windowtext face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>These concepts will be reclassified to the Statement of Income when its settled</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; FONT-WEIGHT: normal; FONT-STYLE: normal" color=windowtext face=Arial,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Income per share</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The basic income per share is calculated as the ratio between the net income (loss) of the term corresponding to shares holders and the weighted average number of valid outstanding shares during such term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The diluted earnings per share is calculated as the ratio between the net income (loss) for the period attributable to shares holders and the weighted average additional common shares that would have been outstanding if it had become all ordinary potential dilutive shares.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-97</FONT></P>

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<TR style="HEIGHT: 44.95pt">

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="67%">

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015, 2014 and 2013, the information used for the calculation of the income as per each basic and diluted share is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 32.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 32.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="58%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Income per share</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 32.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="42%" colSpan=5 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">For the years ended as of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12pt">

   <TD style="HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

   <TD style="HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" colSpan=2 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD>

   <TD style="HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" colSpan=2 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="58%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Equity holders of the controlling company (ThCh$)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">120,808,135</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="3%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">106,238,450</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="3%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">123,036,008</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="58%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Weighted average number of shares</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">369,502,872</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="3%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(1)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">369,502,872</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="3%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(2)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">331,806,416</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="58%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Basic and diluted income per share (in Chilean pesos)</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">326.95</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" colSpan=2 noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">287.52</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" colSpan=2 noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">370.81</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="58%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Equity holders of the controlling company (ThCh$)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">120,808,135</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="3%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">106,238,450</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="3%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">123,036,008</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="58%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Weighted average number of shares</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">369,502,872</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="3%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">369,502,872</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="3%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6pt" color=black face="arial narrow,sans-serif">(3)</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">346,028,899</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="58%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Basic and diluted income per share (in Chilean pesos)</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">326.95</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" colSpan=2 noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">287.52</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="15%" colSpan=2 noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">355.57</FONT></B></P></TD></TR></TABLE><FONT lang=ES-CL style="FONT-SIZE: 4pt" face=Arial,sans-serif></FONT></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(1)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>Determined considering 369,502,872 shares outstanding on December 31, 2015 and 2014.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(2)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>Determined considering 331,806,416 shares, equivalents to 318,502,872 shares outstanding on December 31, 2012, plus the weighted average of permanence of shares paid due to increase of capital described in this Note.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>(3)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif>Determined considering 346,028,899 shares, equivalents to 318,502,872 shares outstanding on December 31, 2012, plus the weighted average of permanence of shares issued due to increase of capital described in this Note.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 18pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015, 2014 and 2013, the Company has not issued any convertible or other kind of instruments creating diluting effects.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Distributable net Income</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>In accordance with Circular No 1945 from the SVS on November 4, 2009, the Board of Directors agreed that the net distributable profit for the year 2009 will be that reflected in the financial statements attributable to equity holders of the parents,</FONT><FONT lang=EN-GB style="FONT-SIZE: 10pt" face=Arial,sans-serif> </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>without adjustment it. The above agreement remains in effect for the year ended December 31, 2015.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Dividends </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company&#8217;s dividend policy consists of annually distributing at least 50% of the net distributable profit of the year.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015, 2014 and 2013, the Company has distributed the following dividends, either or final:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 30pt">

   <TD style="HEIGHT: 30pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Dividend N&#186;</FONT></B></P></TD>

   <TD style="HEIGHT: 30pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Payment Date</FONT></B></P></TD>

   <TD style="HEIGHT: 30pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Type of Dividend</FONT></B></P></TD>

   <TD style="HEIGHT: 30pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Dividends per Share</FONT></B></P></TD>

   <TD style="HEIGHT: 30pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Related to FY</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">245</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">19-04-2013</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Final</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">116.64610</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2012</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">246</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10-01-2014</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Interim</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">63.00000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2013</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">247</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17-04-2014</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Final</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">103.48857</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2013</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">248</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">09-01-2015</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Interim</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">63.00000</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2014</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">249</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">23-04-2015</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Final</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">98.78138</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2014</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">250</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="20%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">08-01-2016</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Interim</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">66.00000</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2015</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On April 9, 2013, at the General Shareholders Meeting it was agreed to pay the final Dividend No. 245, amounting to&nbsp; ThCh$ 37,150,685 corresponding to $ 116.64610 per share. This dividend was paid on April 19, 2013.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On April 9, 2014, at the General Shareholders Meeting it was agreed to pay the final Dividend No. 247, amounting to ThCh$ 38,239,323 corresponding to $ 103.48857 per share. This dividend was paid on April 17, 2014.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 7pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On April 15, 2015, at the General Shareholders Meeting it was agreed to pay the final Dividend No. 249, amounting to ThCh$ 36,500,004 corresponding to $ 98.78138 per share. This dividend was paid on April 23, 2015.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-98</FONT></P>

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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Other Reserves</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The reserves that are a part of the Company&#8217;s equity are as follows:</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><U><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Currency Translation Reserves</FONT></U><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>: This reserve originated mainly from the translation of foreign subsidiaries&#8217; financial statements which functional currency is different from the presentation currency of the Consolidated Financial Statements. As of December 31, 2015, it amounts to a negative reserve of ThCh$ 95,435,386 (ThCh$ 67,782,858 in 2014 and <BR>ThCh$60,084,197 in 2013).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><U><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Hedge reserve</FONT></U><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>: This reserve originated from the hedge accounting application of financial liabilities for. The reserve is reversed at the end of the hedge agreement, or when the transaction ceases qualifying hedge accounting, whichever is first. The reserve effects are transferred to income. As of December 31, 2015, it amounts to a negative reserve of <BR>ThCh$ 2,526 (ThCh$ 43,370 in 2014 and positive reserve of ThCh$ 65,109 in 2013), net of deferred taxes.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><U><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Actuarial gains and losses on defined benefit plans reserves:</FONT></U><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif> This reserve originates from January 1, 2013, due application of the amendment to IAS 19. The amount recorded is a negative reserve of ThCh$ 2,302,418 (ThCh$ 1,712,687 in 2014 and ThCh$ 348,673 in 2013), net of deferred taxes.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 7pt; TEXT-DECORATION: none" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><U><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Other reserves</FONT></U><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>: As of December 31, 2015, 2014 and 2013 the amount is a negative reserve of ThCh$ 5,486,086, <BR>ThCh$ 5,511,629 and ThCh$5,514,048, respectively. Such reserves relate mainly to the following concepts:</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjustment due to re-assessment of fixed assets carried out in 1979.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.25pt; TEXT-INDENT: -35.25pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Price level restatement of paid-up capital registered as of December 31, 2008, according to SVS Circular Letter N&#170;456.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.25pt; TEXT-INDENT: -35.25pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Difference in purchase of shares of the subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. made during year 2012 and 2013 (</FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 1</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-99</FONT></P>

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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

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<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 34 </FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif>Effects of changes in currency exchange rate</FONT></B></H1>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Current assets are denominated in the following currencies:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif">CURRENT ASSETS</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif">As of December 31, </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif">2015</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif">As of December 31, </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif">2014</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" face="arial narrow,sans-serif">Current assets</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Cash and cash equivalents</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">192,554,239</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">214,774,876</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">171,683,257</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">182,979,978</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">8,410,538</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">5,385,644</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">6,058,754</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">955,840</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">974,179</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">5,701,754</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">11,728,422</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">948,816</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">536,097</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">7,519,619</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">3,753,420</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Others currencies</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">359,309</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">333,488</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Other financial assets</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">13,644,105</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">6,483,652</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">1,052,312</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">1,016,032</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">12,495,117</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">5,467,620</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">57,833</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">7,261</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Others currencies</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">31,582</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Other non-financial assets</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">17,654,373</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">18,558,445</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">12,083,128</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">11,576,191</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">29,882</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">28,826</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">972,718</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">723,216</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">3,780,430</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">4,759,154</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">7,789</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">1,457,234</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">57,210</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">737,040</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Accounts receivable - trade and other receivables</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">252,225,937</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">238,602,893</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">158,757,937</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">151,677,364</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">7,102</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">2,021</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">25,498,590</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">19,030,421</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">7,463,166</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">10,038,934</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">48,535,814</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">46,140,278</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">4,074,908</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">4,519,676</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">6,111,636</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">5,477,622</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Others currencies</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">1,776,784</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">1,716,577</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Accounts receivable from related companies</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">4,788,930</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">11,619,118</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">4,606,002</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">11,474,472</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">104,118</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">101,218</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">78,810</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">43,428</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Inventories</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">174,227,415</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">167,545,598</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">147,189,195</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">136,336,787</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">2,474,304</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">744,544</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">237,848</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">189,100</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">18,850,888</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">22,684,784</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">1,645,888</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">1,508,208</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">3,829,292</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">6,082,175</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Biological assets</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">7,633,340</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">7,633,591</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">7,130,962</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">7,209,981</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">502,378</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">423,610</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Tax receivables</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">15,264,220</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">19,413,414</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">11,080,218</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">14,443,142</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">4,184,002</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">4,970,272</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Non-current assets held for sale</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">6,319,316</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">758,760</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">5,890,543</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">428,773</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">758,760</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6.75pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif">Total current assets</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif">684,311,875</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6.75pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif">685,390,347</FONT></B></P></TD></TR>

<TR style="HEIGHT: 3pt">

   <TD style="HEIGHT: 3pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">&nbsp;</TD>

   <TD style="HEIGHT: 3pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 3pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6.75pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6.75pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">519,473,554</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">516,713,947</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">141,102</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">8,542,603</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">46,905,183</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">31,344,767</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">9,437,903</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">11,202,213</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">81,984,039</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">91,465,280</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">6,677,401</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">8,021,215</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">17,525,018</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">16,050,257</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">Others currencies</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">2,167,675</FONT></P></TD>

   <TD style="HEIGHT: 6.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=black face="arial narrow,sans-serif">2,050,065</FONT></P></TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6.75pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif">Total current assets by currencies</FONT></B></P></TD>

   <TD style="HEIGHT: 6.75pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif">684,311,875</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6.75pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 6.5pt" color=white face="arial narrow,sans-serif">685,390,347</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-100</FONT></P>

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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

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<TR style="HEIGHT: 44.95pt">

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="67%">

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Non-Current assets are denominated in the following currencies:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 30pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="72%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">NON-CURRENT ASSETS</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">&nbsp;31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12pt">

   <TD style="HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" face="arial narrow,sans-serif">Non-current assets</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">Other financial assets</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">80,217</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">343,184</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">80,217</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">343,184</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">Other non-financial assets</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">27,067,454</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,828,897</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">24,880,950</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,303,040</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">80,137</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,839,876</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,762,652</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">266,491</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">763,205</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">Accounts receivable from related companies</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">445,938</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">522,953</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">445,938</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">522,953</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">Investments accounted for using the equity method</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">49,995,263</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">31,998,620</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">49,884,870</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">31,897,043</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">110,393</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">101,577</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">Intangible assets different than goodwill</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">64,120,426</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">68,656,895</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">49,960,476</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">51,881,835</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">41,558</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">41,558</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,039,283</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,169,249</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,296,510</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,332,682</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,782,599</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,231,571</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">Goodwill</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">83,300,573</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">86,779,903</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">60,192,744</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">63,075,515</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">14,216,606</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,146,454</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,891,223</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,557,934</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">Property, plant and equipment (net)</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">872,667,210</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">851,255,642</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">763,339,926</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">733,238,733</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,412,324</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">91,003,978</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,747,872</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,390,332</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">19,167,088</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">16,622,599</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">Investment property</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,838,002</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,917,613</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,401,400</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,783,933</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,436,602</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,133,680</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">Deferred tax assets</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">34,529,593</FONT></B></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">30,207,019</FONT></B></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">29,392,503</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">23,496,860</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,032,803</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,622,426</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,801</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,206</FONT></P></TD></TR>

<TR style="HEIGHT: 6pt">

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 6pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">93,486</FONT></P></TD>

   <TD style="HEIGHT: 6pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">77,527</FONT></P></TD></TR>

<TR style="HEIGHT: 8.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">Total non-current assets</FONT></B></P></TD>

   <TD style="HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,139,044,676</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 8.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,083,510,726</FONT></B></P></TD></TR>

<TR style="HEIGHT: 1.5pt">

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 6.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6.75pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6.75pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 6.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">982,052,869</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">912,676,959</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">487,496</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">564,511</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">14,296,743</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,146,454</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">80,217</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">343,184</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">101,762,504</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">122,351,496</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,055,183</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,733,220</FONT></P></TD></TR>

<TR style="HEIGHT: 7.5pt">

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 7pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">23,309,664</FONT></P></TD>

   <TD style="HEIGHT: 7.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">21,694,902</FONT></P></TD></TR>

<TR style="HEIGHT: 9.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9.75pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="72%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=white face="arial narrow,sans-serif">Total non-current assets by currencies</FONT></B></P></TD>

   <TD style="HEIGHT: 9.75pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,139,044,676</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9.75pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">1,083,510,726</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-101</FONT></P>

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<a name="_bclHeader103"></a><DIV>

<DIV align=left>

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<TR style="HEIGHT: 44.95pt">

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="67%">

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Current liabilities are denominated in the following currencies:</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="47%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">CURRENT LIABILITIES</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="26%" colSpan=2 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="27%" colSpan=2 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 22.5pt">

   <TD style="HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Until 90 days</FONT></B></P></TD>

   <TD style="HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">More than 91 days </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">until 1 year</FONT></B></P></TD>

   <TD style="HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Until 90 days</FONT></B></P></TD>

   <TD style="HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">More than 91 days </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">until 1 year</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 9.75pt">

   <TD style="HEIGHT: 9.75pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Current liabilities</FONT></B></P></TD>

   <TD style="HEIGHT: 9.75pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 9.75pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 9.75pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other financial liabilities</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,223,935</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">36,750,056</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">30,097,822</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">35,220,471</FONT></B></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,239,182</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,035,281</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,947,212</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">14,909,387</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">764,199</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,888,550</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">777,020</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,933,255</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">303,416</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,957,905</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,392,180</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,303,949</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">52,368</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">120,894</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,611,662</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,862,819</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,523,470</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">24,104,151</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,462,218</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,740,967</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">UYI</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">344,850</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others currencies</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,951</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">15,398</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Account payable - trade and other payables</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">226,844,826</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">891,977</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">200,673,786</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,109,019</FONT></B></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">148,162,838</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">303,060</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">133,274,464</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,109,019</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,933</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,995</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,676,381</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">566,572</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">14,012,905</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,402,517</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,166,674</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">47,686,146</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">40,867,375</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,607,826</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,371,988</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,874,709</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">22,345</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">976,385</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others currencies</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">424,476</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Accounts payable to related companies</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,624,218</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,282,312</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></B></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,267,123</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,783,103</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">151,578</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,205,517</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,486,158</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,051</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other short-term provisons</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">382,152</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">121,288</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">380,912</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">29,347</FONT></B></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">121,288</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">29,347</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">382,152</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">380,912</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Tax liabilities</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,664,162</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,533,862</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,986,966</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,710,169</FONT></B></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,487,812</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,802,277</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,803,137</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,872,219</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">26,747</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,704,838</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,837,950</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">176,350</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">183,829</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Employee benefits provisions</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">21,388,736</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">323,323</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,702,626</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">241,145</FONT></B></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">16,558,870</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">323,323</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,490,145</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">241,145</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,437,159</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,909,627</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">392,707</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">302,854</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other non-financial liabilities</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">28,440,259</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">42,501,885</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">24,104,387</FONT></B></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">44,792,376</FONT></B></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">28,350,457</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">42,501,885</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">23,278,681</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">44,789,042</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">89,802</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">825,706</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,334</FONT></P></TD></TR>

<TR style="HEIGHT: 9.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9.75pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total current liabilities</FONT></B></P></TD>

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">299,568,288</FONT></B></P></TD>

   <TD style="HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">89,122,391</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">287,228,811</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">91,102,527</FONT></B></P></TD></TR>

<TR style="HEIGHT: 1.5pt">

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 9.75pt">

   <TD style="HEIGHT: 9.75pt; BACKGROUND: #053a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 9.75pt; BACKGROUND: #053a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 9.75pt; BACKGROUND: #053a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 9.75pt; BACKGROUND: #053a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 9.75pt; BACKGROUND: #053a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">202,066,282</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">66,087,114</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">181,576,742</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">66,950,159</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">774,132</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,888,550</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">781,015</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,933,255</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">18,131,375</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,551,224</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">15,405,085</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,303,949</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Euros</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">13,660,402</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,773,726</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,611,662</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">57,458,078</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,228,308</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">70,087,771</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,300,168</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,176,883</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,599,638</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,874,709</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">22,345</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">989,436</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,334</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">UYI</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">344,850</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9pt">

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others currencies</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">426,427</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">15,398</FONT></P></TD>

   <TD style="HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 9.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9.75pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total current liabilities by currency</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">299,568,288</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">89,122,391</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">287,228,811</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 9.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">91,102,527</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-102</FONT></P>

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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

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<TR style="HEIGHT: 44.95pt">

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="67%">

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Non-Current liabilities are denominated in the following currencies:</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 12.75pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=3 width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">NON-CURRENT LIABILITIES</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="39%" colSpan=3 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="36%" colSpan=3 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

<TR style="HEIGHT: 22.5pt">

   <TD style="HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">More than 1 year </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">until 3 years</FONT></B></P></TD>

   <TD style="HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">More than 3 year</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">&nbsp;untl 5 years</FONT></B></P></TD>

   <TD style="HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">More than 5</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">&nbsp;years</FONT></B></P></TD>

   <TD style="HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">More than 1 year </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">until 3 years</FONT></B></P></TD>

   <TD style="HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">More than 3 year </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">untl 5 years</FONT></B></P></TD>

   <TD style="HEIGHT: 22.5pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">More than 5 </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">years</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" face="arial narrow,sans-serif">Non-current liabilities</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.1pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.1pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.1pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.1pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.1pt; BACKGROUND: #69bf47; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other financial liabilities</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">40,890,654</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">20,356,339</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">75,679,552</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">39,224,496</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">19,975,758</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">75,334,303</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">18,284,794</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,784,088</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">16,366,789</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">101,334</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,523,414</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,335,859</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">75,679,552</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,474,316</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">16,650,145</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">75,334,303</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,590,024</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,307,576</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,790,622</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,236,392</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,075,815</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">3,224,279</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">UYI</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,701,800</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other accounys payable</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,098,985</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">546,113</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">369,506</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">808,161</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">404,081</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,760</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,496</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">284,064</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">142,032</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">363,010</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Other long term provisions</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">712,806</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">410,073</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">353,639</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,484,317</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">489,969</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">235,546</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">49,996</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">15,000</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">15,000</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">396,987</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">360,077</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">338,639</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">336,813</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">489,969</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">220,546</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">314,991</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,147,504</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">828</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Deferred tax liabilities</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">21,787,421</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,622,777</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">57,736,765</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">20,617,913</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,491,363</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">59,409,424</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">21,175,080</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,219,255</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">51,820,864</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">19,850,278</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">6,979,606</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">51,690,008</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">601,313</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">400,875</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,288,716</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">767,635</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">511,757</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,713,866</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,154,787</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,466,456</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">11,028</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,647</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">472,398</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">539,094</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Employee benefits provisons</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">643,905</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">18,304,698</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">798,428</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">16,638,794</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">15,369,150</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">14,202,830</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,935,548</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,435,964</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">643,905</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">798,428</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.1pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total non-current liabilities</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">65,133,771</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">29,935,302</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">152,074,654</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">62,494,660</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">27,957,090</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">151,618,067</FONT></B></P></TD></TR>

<TR style="HEIGHT: 1.5pt">

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>&nbsp;</TD>

   <TD style="HEIGHT: 1.5pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.1pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.1pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.1pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.1pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.1pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.1pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CLP</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">40,268,035</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,457,420</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">67,205,014</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">36,217,067</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,080,940</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">65,907,838</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">U.F.</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,530,174</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">17,335,859</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">75,679,552</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,480,812</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">16,650,145</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">75,334,303</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">5,874,088</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">142,032</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,670,586</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">$ARG</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,788,922</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,997,344</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">7,562,903</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,180,263</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,226,005</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,370,376</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">UYU</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">314,991</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,154,787</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,147,504</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,466,456</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">PYG</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">655,761</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,647</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">472,398</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">798,428</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">539,094</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">UYI</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,701,800</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 11.1pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.1pt; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total non-current liabilities by currency</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">65,133,771</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">29,935,302</FONT></B></P></TD>

   <TD style="HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">152,074,654</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">62,494,660</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">27,957,090</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.1pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #053a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">151,618,067</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-103</FONT></P>

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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

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<TR style="HEIGHT: 44.95pt">

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="67%">

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 35 </FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt" color=#003300 face=Arial,sans-serif>Contingencies and Commitments </FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Operating lease agreements</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The total amount of the Company&#8217;s obligations to third parties relating to lease agreements that may not be terminated is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 30pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="86%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Lease Agreements not to be terminated</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 30pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">&nbsp;31, 2015</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Within 1 year</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">82,677,035</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Between 1 and 5 years</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">76,807,297</FONT></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Over 5 years</FONT></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #ccffcc; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">53,580,133</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="86%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="14%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">213,064,465</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Purchase and supply agreements</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The total amount of the Company&#8217;s obligations to third parties relating to purchase and supply agreements as of December 31, 2015 is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 36pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" rowSpan=2 width="68%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Purchase and supply agreements</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Purchase and supply </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">agreements</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 36pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Purchase and </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">contract related to </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">wine and grape</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="68%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Within 1 year</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">134,430,322</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">10,226,466</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="68%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Between 1 and 5 years</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">328,110,170</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">8,683,488</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="68%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Over 5 years</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">53,875,436</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">250,544</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="68%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Total</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">516,415,928</FONT></B></P></TD>

   <TD style="BORDER-TOP: white 1pt solid; HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">19,160,498</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Capital investment commitments</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015, the Company had capital investment commitments related to Property, plant and equipment and intangibles (software) for approximately ThCh$ 81,696,975.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Litigation</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The following are the most significant proceedings faced by the Company and its subsidiaries, including all those </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>present a possible risk of occurrence and causes whose committed amounts, individually, are more than ThCh$ 25,000. </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Those loss<FONT style="FONT-SIZE: 9pt" face=Arial>es</FONT> contingencies for which an estimate cannot be made have been also considered.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 18pt 0pt 0cm"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-104</FONT></P>

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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

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   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Proceedings and claim</FONT></I></B></P>

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<TR style="HEIGHT: 33pt">

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Subsidiary</FONT></B></P></TD>

   <TD style="HEIGHT: 33pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Court</FONT></B></P></TD>

   <TD style="HEIGHT: 33pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Number</FONT></B></P></TD>

   <TD style="HEIGHT: 33pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Description</FONT></B></P></TD>

   <TD style="HEIGHT: 33pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Status</FONT></B></P></TD>

   <TD style="HEIGHT: 33pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Estimated </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">accrued loss </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">contingency</FONT></B></P></TD></TR>

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   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Vi&#241;a San Pedro Tarapac&#225; S.A.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Labour Court of Collection.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">C-3292-2010</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Interpretation of collective bargaining agreement.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Pending practice of award liquidation by court.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">ThCh$ 15,000</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Vi&#241;a Tarapaca Ex Zavala, Vi&#241;a Misiones de Rengo</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">14th Civil Court of Santiago.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">28869-2007</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Breach of contract.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Appeal of first instance verdict.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">ThCh$ 50,000</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Transportes CCU Ltda.</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Labour Court of Collection.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">C-3287-2015</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Collection of employee benefits.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">On execution phase.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">ThCh$ 40,000</FONT></P></TD></TR>

<TR style="HEIGHT: 50.25pt">

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Transportes CCU Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9th Labor Court of Santiago.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">L-3601-2004</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Collection of employee benefits.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">On execution phase.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">ThCh$ 11,932</FONT></P></TD></TR>

<TR style="HEIGHT: 50.25pt">

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Industrial Cervecera S.A. (CICSA)</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Court of first instance in Argentina.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Labor trial for layoff.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">On evidentiary phase.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 24,000</FONT></P></TD></TR>

<TR style="HEIGHT: 50.25pt">

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Industrial Cervecera S.A. (CICSA)</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Supreme Court of Tucuman.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Intempestive breach of distribution contract.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Supreme Court review.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 71,000</FONT></P></TD></TR>

<TR style="HEIGHT: 50.25pt">

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Industrial Cervecera S.A. (CICSA)</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Court of first instance in Argentina.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Labor trial for layoff.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">On evidentiary phase.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 29,000</FONT></P></TD></TR>

<TR style="HEIGHT: 50.25pt">

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Industrial Cervecera S.A. (CICSA)</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Court of first instance in Argentina.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Labor trial for layoff.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">On evidentiary phase.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 30,000</FONT></P></TD></TR>

<TR style="HEIGHT: 50.25pt">

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Industrial Cervecera S.A. (CICSA)</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Court of first instance in Argentina.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Intempestive breach of distribution contract.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">On execution phase.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 30,000</FONT></P></TD></TR>

<TR style="HEIGHT: 50.25pt">

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Industrial Cervecera S.A. (CICSA)</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Court of first instance in Argentina.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Labor trial for layoff.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">On evidentiary phase.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 55,000</FONT></P></TD></TR>

<TR style="HEIGHT: 50.25pt">

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Compa&#241;&#237;a Industrial Cervecera S.A. (CICSA)</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">City Council&#180;s Administrative Claim related to advertising and publicity fees.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">The process is in pre-trial administrative phase.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 538,000</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-105</FONT></P>

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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">

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   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

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   <TD style="HEIGHT: 32.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Subsidiary</FONT></B></P></TD>

   <TD style="HEIGHT: 32.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Court</FONT></B></P></TD>

   <TD style="HEIGHT: 32.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Number</FONT></B></P></TD>

   <TD style="HEIGHT: 32.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Description</FONT></B></P></TD>

   <TD style="HEIGHT: 32.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Status</FONT></B></P></TD>

   <TD style="HEIGHT: 32.25pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Estimated </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">accrued loss </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">contingency</FONT></B></P></TD></TR>

<TR style="HEIGHT: 50.25pt">

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Saenz Briones S.A.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Court of first instance in Argentina.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Labor trial for layoff.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">On evidentiary phase.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 59,000</FONT></P></TD></TR>

<TR style="HEIGHT: 50.25pt">

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Saenz Briones S.A.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Court of first instance in Argentina.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Labor trial for layoff.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">On evidentiary phase.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 54,000</FONT></P></TD></TR>

<TR style="HEIGHT: 50.25pt">

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Saenz Briones S.A.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Court of first instance in Argentina.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Labor trial for layoff.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">On evidentiary phase.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 108,000</FONT></P></TD></TR>

<TR style="HEIGHT: 50.25pt">

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Saenz Briones S.A.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Court of first instance in Argentina.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Labor trial for layoff.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">On evidentiary phase.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 42,000</FONT></P></TD></TR>

<TR style="HEIGHT: 50.25pt">

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Saenz Briones S.A.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Court of first instance in Argentina.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Labor trial for layoff.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">On evidentiary phase.</FONT></P></TD>

   <TD style="HEIGHT: 50.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 135,000</FONT></P></TD></TR>

<TR style="HEIGHT: 10.5pt">

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 10.5pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Company and its subsidiaries have established provisions to allow for such contingencies for ThCh$ 1,343,374 and ThCh$ 1,023,895, as of December 31, 2015 and 2014, respectively (</FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>See Note 29</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Tax processes</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 12pt" face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>At the date of issue of these consolidated financial statements, there are no material tax <FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>litigations.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Guarantees</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>As of December 31, 2015, the subsidiary Vi&#241;a San Pedro Tarapac&#225; S.A. (VSPT) has not granted direct guarantees as part of its common financing operations. Nevertheless, its VSPT has entered into indirect guarantees as joint guarantors of financing operations by Finca La Celia <FONT style="FONT-SIZE: 9pt" face=Arial>S.A. </FONT>subsidiary, in the Republic of Argentina.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&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;&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;&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; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>A summary of the main terms of the guarantees granted appears below:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The subsidiary Finca La Celia <FONT style="FONT-SIZE: 9pt" face=Arial>S.A. </FONT>maintains financial debt with local banks in Argentina, guaranteed by VSPT through stand-by letters issued by Banco Estado de Chile, according to the following detail:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR style="HEIGHT: 12.75pt">

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="68%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Institution</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Amount</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BACKGROUND: #083a20; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Due date</FONT></B></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="68%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Banco Santander R&#237;o</FONT></P></TD>

   <TD style="HEIGHT: 11.25pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="16%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 1,100,000</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">March 31, 2016</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Banco Patagonia</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 1,600,000</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">March 31, 2016</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Banco Patagonia</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 1,600,000</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">May 11, 2016</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Banco San Juan</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 1,200,000</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">October 30, 2016</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Banco BBVA Frances</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 1,500,000</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">October 30, 2016</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The mentioned stand-by letters were issued by VSPT according to the maturity of the financial debts negotiated with the Argentine banks, and they are within the financing policy framework approved by VSPT Board of Directors.</FONT></P>

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<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-106</FONT></P>

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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The loan obtained by the subsidiary CICSA in Argentina, as described in </FONT><B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>N</FONT></I></B><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>ote 27</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>, is guaranteed by CCU S.A. through a stand- by unrestricted, 1 year term, renewable for equal period during the term of the loan.</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Institution</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Amount</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Due date</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Banco de la Naci&#243;n Argentina S.A.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">USD 16,500,000</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">December 31, 2016</FONT></P></TD></TR>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>On July 11, 2013, the subsidiary in Argentina Saenz Briones &amp; C&#237;a. S.A. (SB) has signed a loan agreement with the Citibank Bank of Argentina, which restricted its ability to distribute profits in each year. The loan was by 10,000,000 argentine pesos and whose return was agreed in 9 (nine) quotes with different maturities. Until SB not pay this loan, plus interest or commissions, fees and expenses, may not make any payment to its shareholders (including, without limitation, distribution of profits or dividends, advances, withdrawals from account or similar, as well as any payment made in connection with rebuy it, rescue or redemption of all or part of its shares) for an amount that exceeds the 50% of the profits that the SB is legally empowered to distribute as dividends with regard to each of its years. It should be noted, for the purposes of the above restriction, that the last date of maturity of the loan is July 11, 2016.</FONT></P>

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<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 36 </FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt; TEXT-DECORATION: none; FONT-FAMILY: Arial" color=#003300>Environment </FONT></B></H1>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Major Environmental costs accrued as of December 31, 2015, in the Industrial Units of CCU S.A. are distributed as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>-</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Industrial Waste Water Treatment (IWWT): </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>58.0%</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; These expenses are mainly related to the maintenance and control of the respective Industrial Waste Water Treatment Plants (IWWT).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>-</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Solid Industrial Residues (SIR):</FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif> 29.6%&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; These expenses are related to the handling and disposal of Solid Industrial Residues (SIR), including hazardous Waste (ResPel) and valorization of recyclable residues.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>-</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Gas Emission Expenses: </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>0.9%&nbsp;&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; These expenses are related to the calibration and verification of monitoring and operational instrumentation of stationary sources (mainly industrial boilers and electric generators) and their respective emissions, in order to provide compliance to rules and central and local government regulations.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>-</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>Other Environmental Expenses: 11.5%</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; These expenses are related to the verification and compliance of Food Safety, Environmental Management and Operational Health &amp; Safety Management Standards (ISO 22000, ISO 14000 and ISO 18000 OHSAS respectively) in CCU&#180;s industrial sites and distribution centers, which are in different stages of implementation and certification. The implementation and certification of those three standards is a corporate goal of CCU SA.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN style="FONT-SIZE: 9pt" face=Arial,sans-serif>The most relevant investments during the year 2015, are listed below:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>-</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" color=#222222 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>Compa&#241;&#237;a Cervecera Kunstmann S.A., </FONT></B><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>construction of an industrial wastewater treatment plant in Valdivia which includes an anaerobic reactor with IC technology (UF 115,930).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>-</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>Aguas CCU-Nestl&#233;</FONT></B><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>, IWWT plant project in Coinco (UF 19,915), hazardous material storage improvement <BR>(UF 4,709), CO2, water and energy control equipment (UF 3,014), sanitary installation improvements (UF 141), two tanks for IWWT plant (UF 110).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt"><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>-</FONT><FONT lang=EN style="FONT-SIZE: 7pt" color=#222222 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>Cervecera CCU Chile Ltda.</FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>, </FONT><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>Industrial Waste Water Treatment (IWWT) plant in Temuco stage 1 (UF 10,136), normalizing decree N&#176; 78 (UF 7,704), fire detection system in Santiago (UF 3,695), IWWT plant improvement <BR>(UF 3,564), CO2 and NH3 sensors in Elaboration area (UF 2,571), improvement fire detection system in Temuco (UF 1,393), pavement improvement (UF 1,262), steam and biogas gauges (UF 818), sanitary installation improvements (UF 678), hot water flowmeters (UF 553), glass and solid waste containers (UF 478), boiler N&#176; 2 economizer (UF 412), storage tank insulation (UF 301), and finally rain water piping (UF 217).</FONT></P>

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   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt"><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>-</FONT><FONT lang=EN style="FONT-SIZE: 7pt" color=#222222 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>Vi&#241;a San Pedro Tarapac&#225; S.A.</FONT></B><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>, FES project (second payment 2/3) (UF 3,614), Industrial Waste Water Treatment (IWWT) plant improvement&nbsp; (UF 2,653), IWWT plant Isla de Maipo (UF 1,564), IWW collecting chamber expansion (UF 96), vintage courtyard improvement&nbsp; (UF 96), floor and drain (UF 87), rain water channel (UF 53), and pH correction in IWWT plant (UF 50).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt"><FONT lang=EN style="FONT-SIZE: 9pt" face=Arial,sans-serif>-</FONT><FONT lang=EN style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas Argentina S.A.,</FONT></B><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif> IWWT plant Salta (UF 7,280), IWWT plant Salta second stage (UF 9,617) and warehouse SV fire network (UF 4,122).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt"><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>-</FONT><FONT lang=EN style="FONT-SIZE: 7pt" color=#222222 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>Embotelladora Chilenas Unidas S.A.</FONT></B><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>, boiler insulation (UF 1,314), CIP solutions recovery (UF 886), smoke detection system for offices (UF 789), plant emergency lighting (UF 400), emergency lighting (UF 164), emergency showers (UF 74), fire networks second stage (UF 70).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt"><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>-</FONT><FONT lang=EN style="FONT-SIZE: 7pt" color=#222222 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>Compa&#241;&#237;a Pisquera de Chile S.A.</FONT></B><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>, overhaul IWWT sludge equipment (UF 734), electrical network improvement in Salamanca (UF 392), IWWT plant in Salamanca (UF 281), IWWT plant in site Sotaqu&#237; (UF 255), solid waste extractor in site Elqui&nbsp; (UF 76) and a technological improvement project in sludge load system (UF 47).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>-</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>Transportes CCU Ltda.,</FONT></B><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif> water improvement project in San Antonio (UF 365).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>-</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>Fabrica de Envases Pl&#225;sticos S.A., </FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>hazardous material storage (UF 2,396), electricity consumption meters by lines (UF 1,168) and replacement of lighting plant (UF 739).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>-</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT lang=EN style="FONT-SIZE: 9pt" color=#222222 face=Arial,sans-serif>Cervecera Austral S.A.</FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>, they have not carried out significant environmental investments to December 2015.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The main disbursements of the year, detailed by projects, are the following:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Company that </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">made the </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">disbursement</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Project</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Disbursment incurred during the years ended</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2015</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">As of December 31, 2014</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Expenditure</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Investment</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Committed </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">amount in </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">future periods</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Estimated date</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">&nbsp;completion of disbursements</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Expenses</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">Investment</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif"></FONT></B>&nbsp;</P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD>

   <TD style="HEIGHT: 12.75pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=white face="arial narrow,sans-serif">ThCh$</FONT></B></P></TD></TR>

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   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CCU Chile Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Disposal of liquid , solid industrial waste and other</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,966,752</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">535,842</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">329,941</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">December 2016</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,924,508</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">4,224,403</FONT></P></TD></TR>

<TR style="HEIGHT: 35.25pt">

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">CCU Argentina S.A.</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Disposal of liquid , solid industrial waste and other</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,862,559</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">116,134</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">422,561</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">December 2016</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,847,522</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">85,013</FONT></P></TD></TR>

<TR style="HEIGHT: 36pt">

   <TD style="HEIGHT: 36pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">C&#237;a. Cervecera Kunstmann S.A.</FONT></P></TD>

   <TD style="HEIGHT: 36pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Disposal of liquid , solid industrial waste and other</FONT></P></TD>

   <TD style="HEIGHT: 36pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">143,482</FONT></P></TD>

   <TD style="HEIGHT: 36pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">2,958,767</FONT></P></TD>

   <TD style="HEIGHT: 36pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,416</FONT></P></TD>

   <TD style="HEIGHT: 36pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">December 2016</FONT></P></TD>

   <TD style="HEIGHT: 36pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">132,350</FONT></P></TD>

   <TD style="HEIGHT: 36pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">62,898</FONT></P></TD></TR>

<TR style="HEIGHT: 35.25pt">

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">C&#237;a. Pisquera de Chile S.A.</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Disposal of liquid , solid industrial waste and other</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">318,419</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,712</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">36,035</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">December 2016</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">295,382</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">137,593</FONT></P></TD></TR>

<TR style="HEIGHT: 35.25pt">

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Transportes CCU Ltda.</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Disposal of liquid , solid industrial waste and other</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">362,142</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">-</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">9,355</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">December 2016</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">297,734</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">12,954</FONT></P></TD></TR>

<TR style="HEIGHT: 35.25pt">

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">VSPT S.A.</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Disposal of liquid , solid industrial waste and other</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">559,209</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">136,181</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">74,293</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">December 2016</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">491,104</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">508,254</FONT></P></TD></TR>

<TR style="HEIGHT: 35.25pt">

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Others</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">Disposal of liquid , solid industrial waste and other</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,084,700</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">197,504</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">722,305</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">December 2016</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">943,663</FONT></P></TD>

   <TD style="HEIGHT: 35.25pt; BORDER-BOTTOM: #bfbfbf 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif">1,244,437</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: white 1pt solid; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="18%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="12%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD>

   <TD style="HEIGHT: 11.25pt; BORDER-RIGHT: white 1pt solid; BACKGROUND: #083a20; BORDER-BOTTOM: white 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="11%" noWrap>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 8pt" color=black face="arial narrow,sans-serif"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-108</FONT></P>

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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

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<TR style="HEIGHT: 44.95pt">

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="67%">

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=ES-CL style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. and subsidiaries</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0cm; TEXT-ALIGN: left" align=left><FONT color=#339966><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>December 31, 2015</FONT></FONT><FONT></FONT></P></TD>

   <TD style="HEIGHT: 44.95pt; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="33%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT color=#339966>
   <IMG border=0 src="logo.gif"></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 0cm"><B><FONT lang=EN-GB style="FONT-SIZE: 14pt" color=#003300 face=Arial,sans-serif>Note 37 </FONT></B><B><FONT lang=EN-GB style="FONT-SIZE: 12pt; TEXT-DECORATION: none; FONT-FAMILY: Arial" color=#003300>Subsequent Events</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>a)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>The Consolidated Financial Statements of CCU S.A. have been approved by the Board Directors on February 2, 2016.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>b)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 10pt" face=Arial,sans-serif>On January 7, 2016, the shareholders of Compa&#241;&#237;a Pisquera Bauz&#225; S.A. came to an agreement in which Compa&#241;&#237;a Pisquera de Chile S.A. (subsidiary of Compa&#241;&#237;a Cervecer&#237;as Unidas S.A.) has sold its interest of 49% to Agroproductos Bauz&#225; S.A. The price of the transaction amounted to UF 150,000 (equivalent to ThCh$ 3,844,364 on December 31, 2015). This investment at December 31, 2015, was recorded under Assets of disposal group held for sale (See </FONT><B><I><FONT lang=EN-GB style="FONT-SIZE: 9pt" color=#339966 face=Arial,sans-serif>Note 25</FONT></I></B><FONT lang=EN-GB style="FONT-SIZE: 10pt" face=Arial,sans-serif>).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 10pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif>c)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 10pt" face=Arial,sans-serif>On January 29, the subsidiaries Aguas </FONT><FONT lang=EN-US style="FONT-SIZE: 10pt" face=Arial,sans-serif>CCU-Nestl&#233; Chile S.A. (&#8220;Aguas&#8221;) and Embotelladoras Chilenas Unidas S.A. </FONT><FONT lang=EN-GB style="FONT-SIZE: 10pt" face=Arial,sans-serif>(&#8220;ECUSA&#8221;) have acquired 48.07% and 0.92% of the shares of Manantial S.A. (&#8220;Manantial&#8221;) respectively, exercising the call option granted in the Shareholders&#8217; Agreement of Manantial. As a consequence, Compa&#241;&#237;a Cervecer&#237;as Unidas S.A. is currently the indirect owner of 100% of the shares of Manantial, remaining as the only direct shareholders of Manantial: (i) Aguas with 99.08% of the capital stock, and (ii) ECUSA with 0.92% of the capital stock.</FONT><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif> </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 9pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 10pt" face=Arial,sans-serif>d)</FONT><FONT lang=EN-GB style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-GB style="FONT-SIZE: 10pt" face=Arial,sans-serif>There are no others subsequent events between the closing date and the filing date of these Financial Statements (February 26, 2016) that could significantly affect their interpretation.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 14.2pt"><FONT lang=EN-GB style="FONT-SIZE: 10pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt" face=Arial>F-109</FONT></P>

<DIV><FONT face=arial,sans-serif><FONT lang=ES-CL style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></FONT>&nbsp;</DIV></DIV>

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<P style="TEXT-ALIGN: center"><B>Signatures</B></P>

<P style="TEXT-ALIGN: left">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.</P>

<P style="TEXT-ALIGN: center">Compa&#241;&#237;a Cervecer&#237;as Unidas S.A.<BR>(United Breweries Company, Inc.)</P>

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   <TD width="50%" align=left>&nbsp;</TD>

   <TD width="50%" align=left><U>/s/ Felipe Dubernet&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </U></TD></TR>

<TR vAlign=bottom>

   <TD width="50%" align=left>&nbsp;</TD>

   <TD width="50%" align=left>Chief Financial Officer&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="50%" align=left></TD>

   <TD width="50%" align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="MARGIN: 0px">Date:&nbsp;February 22, 2016</P>

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