FERNANDO ALBERTO LINARES FRANCO

Director

• MANZANILLO WASH & INSPECTION SERVICES, INC.
• INMOBILIARIA ACODELI, S.A.
• TLA HOLDINGS INC.
• ENALI, S.A.
• RONA TRADING AND INVESTMENT, INC.
• CPI CANPROP INVEST, S.A.
• POLYMNIE, INC
• REPSA, REPRSENTACIONES, S.A. -.-
• FIDOSA FINANCING CORP., S.A.
• ALERT FINANCE AND INVESTMENT LTD., INC.
• M. D. M. INVESTMENTS INCORPORATED
• ANOSER, S.A.
• ADENLI, S.A.
• INVERSIONES LINARDIA S.A.
• PETROLEOS EXPRESOS, S.A.
• INVERSIONES LINARES S.A.
• JUELI, S.A.
• AFRADELI, S.A.
• LINARES Y COMPAöIA, S.A.
• INVERSIONES LIRALBA S.A.
• AULISE, S.A.
• SUPANYA LTD. INC.
• IKANO S.A.
• ESSEX INTERNATIONAL HOLDING INC -.-
• CORNER INVESTMENT CORPORATION,
• ALSINA HOLDING CORPORATION
• FINANCIERA CAMINADA S.A.
• SABRINA HOLDING INC.
• DAMIAN CORPORATION
• TOSCA HOLDING CORPORATION
• BRILAR S.A -.-
• INTERLINK BROKING SERVICES S.A
• SANDPIPER S.A.
• PORTIK S.A
• CLAYMORE FINANCIAL INC.
• KERMESS COMMERCIAL INC.
• KIMMY TRADING S.A.
• FINANCIERA E INVERSIONISTA GRASIBEL S.A.
• GOLDAMAR S.A.
• DILOMAR S.A.
• CASA DEL SOL S.A. -.-
• FINANCIERA E INVERSIONISTA MOIRA S.A.
• FEITAL INC.
• EBTATRADE CORPORATION.
• TERRY TRADING INC.
• VASTIMAR S.A.
• AMIREL HOLDING S.A.
• AMBROSIA CORPORATION.
• BUYBACK S.A.
• MARLIN TRADING,S .A .
• LIZCAMAR SHIPPING S.A.
• LORD TRADING CORP..,
• MARC INVESTING S.A.
• FINANCIERA CROMA S.A.
• VALERYMAR S.A.
• DAYANA FINANCE S.A.
• TECHTRANS ENGINEERING CORP.
• TAMARA FINANCE S.A.
• PISA HOLDING INC
• VERMONT BONDS AND SHARES CORPORATION
• DESKIN CONSULTING INC.
• DAVERIO INTERNATIONAL S.A.
• MATSUKATA CORPORATION,
• ARONA SECURITIES INC. -.-
• MARAN COMMERCIAL S.A.
• MODENA ADMINISTRATION INC.
• FINANCIERA LIGURIA S.A.
• DELLAIRE CORPORATION -.-
• PANIMEX OVERSEAS S.A.
• ANIKO TRADING INC.
• COMPAöIA FINANCIERA PANALEX S.A.
• CONALCO S.A.
• TOWNSEND HOLDING CORPORATION
• CASINAL INC.
• VALLROD S.A.
• GRACEMAR S.A.
• INTER MED MARINE SERVICE INC.
• ININCO GROUP INC. -.-
• ROCKVILLE SHIPPING INC.
• VESTECO S.A. -.-
• DELL MARKETING INC. .-
• ALFRED HOLDINGS INC.
• SCHRUNS CORP.
• GENERAL PRODUCTS TRADE COMPANY INTERNATIONAL INC
• TAICHANG TRADING CORPORATION
• CHENG TUNG ENTERPRISES INC.
• THE GENERAL MARITIME ENTERPRISE OF PANAMA, INC.
• DUMARS MARINE INC.
• BRANJO SHIPPING S.A.
• RIVOLI SHIPPING S.A.
• GLORIELA SHIPPING S.A
• ATLANTIC TRANSPORT LINE, INC.
• INVERSIONES FEDRA S.A.
• FINANCIERA ANFITRITE S.A.
• INVERSIONES FERALI S.A.
• ALBARELLA, S.A.
• HOUSES AND BUILDINGS CORPPORATION S.A
• SOMURA RESOURCES INC.
• MERCURIA COMMERCIAL INC.
• SOFCO SOCIETE FINANCIERE ET COMMERCIALE S.A.
• FINANCIERA UMBRIA S.A. -.-
• SIG SOCIETE INTERNATIONALE DE GESTION S.A.
• BACO SECURITIES INC.
• MARITIMA EUROAMERICANA S.A.
• POWER APPLIANCE TRADERS S.A.
• C P G SHIPPING & TRADING CORPORATION
• C P G TRADING MARKETING CORPORATION
• SOUTHERN WOODCHIPS SHIPPING S.A
• ENVIRONMENTAL MANAGEMENT SYSTEMS S.A.
• WASTE CONTROL CORPORATION
• PISTOIA CORPORATION
• PRATO HOLDING S.A.
• ORVINIO CORPORATION
• R & D MANAGEMENT CORPORATION.
• LANDSAK HOLDING S.A.
• HOLDING AMANDOLA S.A.
• SOCIETE LONIGO S.A. SE ACEPTA EL REDOMICILI D EFINITIVO AL LUXEMBURGO
• MMC MICRO MARKETING CORPORATION.
• TRANSEURO INVESTMENTS INC.
• COPPARO CORPORATION.
• C C I COMMERCIAL CREDIT AND INVESTMENT INC.
• ATYS INVEST S.A.
• INTERCONTINENTAL MANAGEMENT INVESTMENTS AND FINANCE CO INC.
• MONITOR FINANCE, S. A.
• PARKER INDUSTRIES, INC.
• ADORA HOLDING S.A.
• FINANCIERA FRANCONIA S.A.
• DUNA SECURITIES INC.
• DAPHNE FINANCE S.A.
• SCYLLA SHIPPING S.A.
• DIRCE TRADING S.A.
• MOIRAMI S.A.
• HUIPO S.A.
• INVERSIONES LIZALDE S.A.
• INVERSIONES YAURI S.A.
• GENERAL MERCANTILE AND MANAGEMENT INC.-
• DEIMOS S.A.
• PICOLINE FINANCE S.A.
• KYRENE FINANCE INC.
• TIARA FINANCIAL S.A.
• NORCUR CORPORATION
• AFZAL AFFAN INC.
• YOURCAR S.A.
• INVESTMENT & CAPITAL HOLDINGS EUROPE INC
• ATC ASIAN TRADING CORPORATION
• SOCIETE SAN SAVINO, S.A.
• SAUDIFARMING S.A.
• NAVIERA GAS LICUADO S.A.
• AUDIMANAV CORPORATION.
• FINANCIERA E INVERSIONISTA LIGIA S.A.
• VALY COMMERCIAL INC.
• BOGGIANO INVESTMENTS S.A.
• EXPORTEMOS INC.
• PARKERING CORPORATION
• KERIMA SHIPPING, S.A.
• DULCINA SHIPPING S.A.
• P. M. C. PORTEFEUILLE MANAGEMENT CORPORATION
• WEYERSHAUGK FINANCE S.A.
• LEONELA SHIPPING, S.A.
• MAGDELAINE SHIPPING, S.A.
• INMOBILIARIA SAN LORENZO S.A.
• F.I.S. FINANCEMENTS INDUSTRIELLES S.A.
• IMMOBINVEST S.A.
• GEMA INDUSTRIES; INC.
• DELMONT INDUSTRIES, INC.
• ELMAR TRADING AND INVESTMENT, INC.
• ELCO ADMINISTRATION, INC.
• DELFINO SHIPPING AND TRADING INC.
• ARBONIA S.A.
• ANOVA SECURITIES, INC.
• AMEROP INVESTMENT INC.
• YANTIS INVESTMENTS CORP.
• PROPMETAL ENRINEERING CORP.
• J.H.M. ENTERPRISES INC.
• SEAWAY TRADER S.A.
• ANGLOTRADE LTD. INC.
• PUBLIMEC ESTABLISHMENT INC.
• PEIRANI, S.A.
• INTERAZUR CORPORATION.
• A.M. ASSETS MANAGEMENT S.A.
• KRYSTELLE CORPORATION. -.-
• STANVER CORPORATION.
• SUNBOW MARITIME S.A.
• INACHIS FINANCIERA, S.A.
• INVERSIONES MINERAS, S.A.
• RONKETT S.A.
• FERALI, S.A.
• INTERNATIONAL ZURIAC S.A.
• FINANCIERA E INVERSIONISTA CATIVA, S.A.
• M. KELLY IRISH INVESTMENTS CORP.

Subscriber

• MORPHEUS ASSETS CORP.
• AMS HOLDING INTERNATIONAL CORPORATION
• EAGLEVILLE INVESTMENTS INC.
• SOLSVILLE INVESTMENTS INC.
• TRADIMENERGY S.A.
• FIRST STAR, S.A.
• BENESPANISH INC.
• INMOBILIARIA OLIVIER S.A.
• CSAV FLEET COMPANY INC.
• ZAFIRA INVESTMENT PARTNERS S.A.
• PARADISE ASSETS S.A.
• G. LINE NAVIGATION INC.
• BHATT S.A.
• NIKKI BEACH LOFTS PANAMA CORP.
• CONSTRUCTORA RAYPA, S.A.
• CONSTRUCCIONES WAIKAT, S.A.
• CONSTRUCTORA LULIRO, S.A.
• CASSIA 26 SOCIEDAD ANONIMA DI IRSON LTD.
• VALLE DE LOS CANELOS S.A.
• PANCAFE PANAMA S.A.
• FDA PANAMA S.A.
• LASCONA S.A.
• ADINA S.A.
• DEL OCEANO EL MAR S.A.
• PACIFIC TERRACE INVESTMENTS INC.
• CSAV SHIPHOLDING S.A.
• CSAV SHIPS S.A.
• COMPAIA COMERCIALIZADORA DE REFRESCOS, S.A.
• SOCIETA FINANZIARIA INDUSTRIE TURISTICHE S.F.I.T. S.A.
• BARCELONA 2012 S.A.
• GUAIMARAL HOLDING CORPORATION
• ENERGY & LOGISTIC S.A.
• STEIRA S.A.
• INTERDOT COMMUNICATIONS, S.A.
• DICHTER & NEIRA HOLDING, INC.
• BENEFIT MARKETING INC.
• PINELAGUIA FINANCIAL INC.
• HIJOS DE RICARDO S.A.
• WIRELESS SERVICES INC.
• ARENDT INTERNATIONAL CORP.
• GASSET HOLDINGS INC.
• DILTHEY DEVELOPMENT CORP.
• BEAUVOIR PROPERTIES CORP.
• SANDERS ADVISORS INC.
• BLUESTAR PRODUCTION S.A.
• COMARI CORP.
• ALPESA INTERNATIONAL HOLDING S.A.
• BIENES RAICES PROVIDENCE S.A.
• TLA HOLDINGS INC.
• GILARD S.A.
• MONTCLAIR SHIPPING INC.
• VALLEYVIEW INTERNATIONAL CORP.
• MIDDLEPORT SHIPPING INC.
• GRIMSTAD INVESTMENT INC.
• BARRYTOWN COMMERCIAL CORP.
• BAINBRIDGE SHIPPING INC.
• BARNERVILLE COMMERCIAL CORP.
• MILLINGTON COMMERCIAL CORP.
• SEAFOOD TRADING INTERNATIONAL CO. INC.
• AUTOMATIZATION ELECTRICAL CONTRACTOR PANAMA LTD. INC
• TRES MARGARITAS S.A.
• NAKURU INVEST S.A.
• GRUPO QUIRURGICO ESPECIALIZADO S.A.
• NEXT GENERATION WATERS S.A.
• ACQUAMELA S.A.
• HISPANIC ASSETS INCORPORATED
• CIBDC CHINA ISRAEL BUSINESS DEVELOPMENT CORPORATION
• TURZONA INVESTMENTS INC.
• ORION CAPITAL GROWTH INC.
• BILLBOAR COMPANY INC.
• GARDNER SHIPPING INC.
• GRUPO CORPORATIVO GAMA S.A.
• SINUS S.A.
• PETIS S.A.
• FANTO S.A.
• HALLANDALE COMMERCIAL CORP.
• BOYNTON TRADING INC.
• BELLEAIR INVESTMENT INC.
• BABSON COMMERCIAL CORP.
• HYDES LAND INC.
• VARA HOLDING CORPORATION.
• SUNSET PENSION LIMITED INC.
• MODULAR TRADING CORP.
• FOMACIS HOLDINGS INCORPORATION
• NORDLIEU INVESTORS CORP.
• WELLFIELD HOLDING S.A.
• EASTLAND SERVICES INC.
• GANT SERVICES INC.
• MERINGBERG ASSOCIATES S.A.
• VALDELOIRE SERVICES INC.
• NEW FLAMENCO SHIPPING INC.
• RIMAR HOLDING LTD. INC.
• HILLCROFT INVEST INC.
• BRILLOCK TRADE INC.
• STARFIN ADVISORS LTD. INC.
• CHALLENGER CONTAINER LOGISTICS INC.
• CAMBRIDGE ASSET MANAGEMENT, INC.
• ALSTER HOLDING INC.
• MASNA HOLDING INC.
• PONTEVEDRA INVESTMENTS INC.
• PIREX, INC.
• NAVECOM CORP.
• ENCINO TRADING INC.
• CROSSWELL TRADING INC.
• FAWNWAY INVESTMENTS INC.
• MERCER COMMERCIAL CORP.
• DOWNING COMMERCIAL CORP.
• CADMAN INVESTMENTS INC.
• FENWICK COMMERCIAL CORP.
• GRANBERRY COMMERCIAL CORP.
• CROSSWINDS INVESTMENTS INC.
• CAMWAY INTERNATIONAL INC.
• BEECHMONT INVESTMENTS INC.
• CINCO ISLES CORP.
• AQUARIUS COMMERCIAL S.A.
• MAMHEAD HOLDINGS INC.
• COMLONGON HOLDINGS INC.
• BENHAM HOLDINGS INC.
• MONAXA INVESTMENT S.A.
• DISTRIBUIDORA DE PRODUCTOS DEL ISTMO,S.A
• LET CONSULTING S.A.
• PRODUCTOS ORGANICOS DE PANAMA S.A.
• CLIENT ACCOUNTS & DEPOSITS, S.A.
• FOSSIL MARITIME PVT LTD. INC.
• GRAN PLAY CORPORATION LTD.
• NUEVO BAMBITO S.A.
• ELECTRICAL P & C EQUIPMENT TRADING CORP.
• LYDEPAROVALO CORP.
• RIA GROUP, INC.
• USA ORANGE PARK CORP.
• MAJUVI S.A.
• B.C.T. BUSINESS CONSULTING & TECHNOLOGY INC.
• INVESTCLUB, INC.
• LEWETT HOLDING INC.
• OCEAN GATEWAY SERVICES,S.A.
• CA BEVERAGES, INC.
• MUSIC & MEDIA CONSULTING S.A.
• PARADISO ALTO, S.A.
• MINUTIAE INC.
• ODISEA TOUR S.A.
• BEARS & SANBLAS INC.
• ULTRACAPE INTERNATIONAL S.A.
• HUDSON SECURITIES AND FINANCE CORPORATION
• CHESA MURANZA LTD. INC.
• ASESORIAS PROFESIONALES NAVIERA S.A.
• CHRISTOPH PRIVACY LTD.S.A.
• WEDERMAN ASSET SERVICES LTD.CORP.
• OLDWICK COMMERCIAL CORP.
• MURPHY TRADING INC.
• BRENTFORD FINANCE INC.
• ASHLEY COMMERCIAL CORP.
• CEDARHILL FINANCE INC.
• LONGVIEW COMMERCIAL CORP.
• GULFPORT SHIPPING INC.
• SANDPOINTE SHIPPING INC.
• ARISA PARTNERS CORPORATION.
• CARALLA FLOWER FINANCE S.A.
• ALAT CORPORATION.
• LOGSTAR INC.
• ORO VERDE S.A.
• CROSSVIEW INVESTMENTS INC.
• MARESCURO INC.
• RESOLUTION SHIPPING INC.
• CHUMBIS CORP.
• VOYAGER INTERNATIONAL INVESTMENT CORP.
• AMRISTAR COMMERCIAL CORP.
• ALLENTOWN SHIPPING INC.
• DYNAMIC INTERNATIONAL BUSINESS CORP.
• FARWOOD COMMERCIAL CORP.
• GI-TEMPS., INC.
• FURMAN COMMERCIAL CORP.
• GIRALDA FINANCE CORP.
• CORINTHIAN COMMERCIAL CORP.
• CHENILLE COMMERCIAL CORP.
• BLUEFOUNTAIN INVESTMENTS S.A.
• MAGOMOTT INVESTMENTS S.A.
• REMODAJANA, S.A.
• ARMONIC 30C CORPORATION
• BLUE SEA NAVIGATION INC.
• MONTEGRANDE INVERSIONES S.A.
• CATERVIEW INVESTMENT INC.
• BROOKSTONE SHIPPING INC.
• CROWNGATE INVESTMENT INC.
• COTTONWOOD TRADING INC
• BLUEBIRD COMMERCIAL CORP.
• PANINVEST ENTERPRISES INC.
• INVERSIONES LINARDIA S.A.
• TIZME CORP.
• MINERVA FASHION S.A.
• ALEXIA PART. INC.
• VENUS COMPANY INC.
• KNOSSOS PART. INC.
• MINUS CORPORATION INC
• ALPHA INVESTMENT CORP.
• GENERAL DE OCCIDENTE S.A.
• MICRO INVESTMENT INC
• MYCENAE FUND INC.
• BETA PART. INC.
• PATROL CORP.
• HARBOR INTERNATIONAL HOLDINGS S.A.
• FOTOSOL HOLDING S.A.
• SERVICIOS GENERALES DE OCCIDENTE S.A.
• SYDNEY CAPITAL CORP.
• REDELIFF INVESTMENT CORP.
• SEYMOUR FUND INC.
• NEVILLE FINANCE S.A.
• INMOBILIARIA RICASOL, S.A.
• HARLEY ADMINISTRATION INC.
• NOVIDA ADMINISTRATION INC.
• BERKLEY OVERSEAS CORPORATION
• DACOTA TRADING AND INVESTMENT CORP.
• MEDIWEST S.A.
• STAR GUARDIAN S.A.
• DULGAN INVESTMENTS S.A.
• KARES ASSETS S.A.
• LEYBRAND INVESTMENTS S.A.
• KILMAR CONSULT S.A.
• ANDRO PROMOTIONS CORPORATION
• SKAGWAY INVESTMENT INC.
• NICOTEL PRODUCTS COPR.
• RESTACO LTD. S. A.
• ADULARIA INC.
• FINANCIERA E INVERSIONISTA ACQUASCURA S.A.
• HOPEDALE COMMERCIAL CORP.
• DARGAVILLE SHIPPING INC.
• FAREWELL INVESTMENT INC.
• MORESBY INVESTMENT INC.
• BAFFIN COMMERCIAL CORP.
• FACTORING DIVISA INTERNACIONAL INC.
• BROWN BEAR CORP.
• OLIVER & OLIVER INTERNATIONAL INC.
• NEWCON ENTERPRISES CORP.".
• SOUTHWARK INVESTMENT INC.
• CREDIT ART FINANCIAL S.A.
• CAMARMASEA CORP.
• FINANCIERA E INVERSIONISTA MOONSTONE S.A.
• SLIPPERS S.A.
• WEXEL ASSOCIATES,INC.
• FINANCIERA E INVERSIONISTA ALABASTRO S.A.
• LEXINGTON OVERSEAS INVESTMENT CORPORATION
• FINANCIERA E INVERSIONISTA TALENTO, S. A.
• NAVEL SHIPPING S.A.
• MADRAS SHIPPING S.A.
• PBR CORPORATION
• MASTER PAINT S.A.
• PETROLEOS EXPRESOS, S.A.
• INVERSIONES ARBA S.A.
• ASSET MANAGEMENT PARTNERS AG
• GENERAL SEEDS & FOOD INDUSTRIES S.A.
• COMPAöIA FINANCIERA DORADA S.A.
• CANOVA HOLDING INC.
• TRIO INVESTMENT AND MARKETING CORP.
• CLARKHILL CORP:
• HARRIS FUND INC.
• INVERSIONES ROGOSA S.A.
• INVERSIONES VIKAYA S.A.
• INVERSIONES LETONIA S.A.
• FINANCIERA MERKESA S.A.
• HENG CHANG, S.A.
• INVERSIONES VISTAMAR INTERNACIONAL, S.A.
• EUPHRATES ENGINEERING INC
• C.E.M.S. ENGINEERING INC
• SOUTH AMERICAN CHEMICAL INC.
• KEOS INVESTMENT CORPORATION.
• AARGAUER CREDITANSTALT, INTERNATIONAL BUSINESS SERVICE AG S.A.
• EGMONT MARINE S.A.
• ERAWAN TRANSPORT S.A.
• OCAMPO INVESTMENTS S.A.
• GADLING LTD. INC.
• PROTEIN CORP.
• EBTATRADE CORPORATION.
• DELI & COFFEE CORP.
• ENE ESE CONSULTING CORP.
• N & S INVESTMENT CORP.
• GAMBASOFT INC.
• TOMMO UNIVERSAL INC.
• RIVER VALLEY GROUP S.A.
• CEDAR LAKE INC
• MABEL LAKE INC
• OPM INGENIERIA S.A.
• LENDELL S.A.
• LEXONIA, S.A.
• PROYECTOS VERDES INTERNACIONALES, INC.
• CENTRAL EMPRESARIAL SOLIDARIA, S.A.
• MAFLORCA S.A.
• ULUWATU CONSTRACTORS S.A.
• KENILWORTH TRADING INC.
• LEBORK SHIPPING INC.
• LEWISTOWN COMMERCIAL CORP.
• GLASGOW SHIPPING INC.
• LEMERY INVESTMENTS INC.
• ZUBIA SHIPPING INC.
• NAZZANO SHIPPING INC.
• A.N.L. CIRUGIA S.A.
• COMERCIALIZADORA LAS ANDRINAS S.A.
• WEITZ LEBOLO, INC.
• KAYA TRADING INC.
• CORTAPALOS CORPORATION
• PROTEIN INTERNATIONAL TRADING INC
• CHALTEN ADMINISTRATION INC
• RIOVERDE TRADING, S.A.
• GREEN LANE HOLDINGS CORP .
• WINDLINES INVESTMENTS INC.
• SONJA INVESTMENT S.A.
• INMOBILIARIA ASAKI S.A.
• CARDBOARD COMPANY INC.
• PGS INVEST CORP.
• ATUMANO S.A.
• FERVENZA SERVICES CORP.
• NAGEX LTD INC. PANAMA
• CASA DEL MAR 4E CORP
• ESMORGA CORPORATION
• KINGSMEADOW NAVIGATION INC.
• VERNON NAVIGATION INC
• ASTLE NAVIGATION INC.
• LANDAK COMMERCIAL CORP.
• PROMOCION INDUSTRIAL MAJARAVIQUE S.A.
• WHYMPER HOLDINGS LTD. INC
• WIGRAM INVESTMENTS LTD. INC.
• KALIKA S.A.
• KENNINGTON SHIPPING INC.
• DEPONPORT SHIPPING INC.
• FALCONE COMMERCIAL CORP
• FRAGO TRADING INC.
• AGINTECO INGENIERIA PANAMA S.A
• AMORODO S.A.
• WIDERANGE,INC.

Agent

• RADIO TAXI LA BOCA S.A.