ICAZA, GONZALEZ RUIZ & ALEMAN

Director

Subscriber

Agent

• EDINET OVERSEAS INC.
• ORINOCO BUSINESS GROUP, INC.
• AZILGREY CORPORATION
• SHOWCOLATE INTERNACIONAL DE PANAMA, S.A.
• MARMARON CORPORATION
• SPREYDON CORPORATION.
• RAPALLO, S.A.
• NARROGIN CORPORATION
• COLUMBIA TRI-STAR PICTURES OF PANAMA, INC.
• SEDCO FOREX (FAR EAST). INC.
• TALADEGA S.A.
• DALAYACAN, S.A.
• BRUMEL INVESTMENTS INC.
• ONATE INVESTMENTS, S.A.
• INDICA INTERNACIONAL, S.A.
• KATRIL INVESTMENT CORPORATION, S.A.
• FRANCITA CORP.
• MID-FINCO, S.A.
• CLARESHOLM CORPORATION.
• LLOPIS TOBACCOS INTERNATIONAL CORPORATION
• FINANZAG WIDDER INTERNATIONAL CORPORATION
• CORDURA, S.A.
• OSTIVAT INVESTMENT CORPORATION
• OMATOR INVESTMENT CORPORATION.
• E. DE S. S.A.
• AUFER, S.A.
• VOSCAR, S.A.
• BOURKE CORPORATION
• GAM FINANCIAL LIMITED S.A.
• ADDISCOMBE CORPORATION
• DAMARA S.A.
• HAPPY GOLDEN LION EMPIRE, S.A.
• ARAB PACIFIC FINANCIL ASSOCIATES, INC.
• INTERNATIONAL AND FAR EAST TRADING., INC.
• FINALEC, S.A.
• SIBAL FINANCIAL & ECONOMICAL, INC.
• PROFINCO S.A.
• ANDES EXPLORATION AND DRILLING SERVICES, S.A.
• SIRILLA, INC.
• TRANSGLOBAL MARITIME CORPORATION
• ORUTA, S.A.
• SANTA CAROLINA, INC.
• COMPANIA BALTA, S.A.
• AGARA CORP.
• AMUN INVESTMENT INC.
• INTERIOR DESIGN CONSULTING CO., S.A.
• MAGNUM TRADING COMPANY, INC.
• OWLPEN CORPORATION
• PIRANDELLO COMMODITIES INC
• FAN YA FANNANE INC.
• C.B.M.INVESTMENTS S.A.
• YOSINEL CORPORATION
• TRANSVAAL TRADING CORPORATION.
• NEGASU INVESTMENTS INC.
• BUSINESS ADMINISTRATION CORP.
• INVERSIONES LA PALMA, S.A. (IMPASA)
• LAURALIN CORP.
• YERMILA INVESTMENT CORPORATION.
• WISEMAN INVESTMENT INC.
• JENUFA CORPORATION, INC.
• ODRAY, INC.
• FORSON INVESTMENT, S.A.
• SUMMIT ORGANIZERS, INC.
• GIOMARLA HOLDING CORP.
• OJIVA HOLDING CORP.
• LUNIK HOLDING CORP.
• ULTRADOR INC.
• LAKELAND ENGINEERING CORPORATION
• PHYNENCYER CORP.
• PULPIT INVESTMENT, INC.
• INTERGULF CONSULTANS, S.A.
• OTSEGO, S.A.
• ANCLA DORADA, S.A.
• PAN RIVER INVESTMENT, S.A.
• PORTIA, S.A.
• COTE D'OR HOLDINGS INC.
• TRACONCORP (TRADING AND CONSULTING CORPORATION)
• DEFOVER, S.A.
• SALSOMAGGIORE, SOCIEDAD ANONIMA. -.-
• PAN AMERICAN CREDIT CORPORATION.
• LA COMPAGNIE FINANCIERE EUROPEENNE, S.A.
• PROTELVEN, S.A.
• IRWIN PANAMA, S.A.
• SCHLUMBERGER MIDDLE EAST, S.A.
• JAPANESE SHIPPING AND TRADING COMPANY, S.A.
• LES PARRE CORPORATION
• ANTAEUS CEMENT SUPPLIERS CO., S.A.
• SUGARA INVESTMENT CORP.
• VENTURE PARK, INC.
• RUMART, INC.
• AMGAR INC.
• NAVEGADORA ULTRAMAR, S.A.
• FLOPETROL SERVICES INC.
• INTERCONT TRUST, S.A.
• FIDUPANPAR, S.A.
• AEGINA, S.A.
• MERCANTIL SUPREMA, S.A.
• DOLOMITE INTERNATIONAL INC.
• TORUCAN, INC.
• THE CAPRIOL CORPORATION
• INTERNATIONAL LIBRARY CORPORATION
• GODALMING HOLDINGS, INC.
• DEKO TRANSPORTS, S.A.
• HAMPSHIRE, S.A.
• ORBIS HOLDINGS INC.
• TRANSDARIEN, S.A.
• SCHLUMBERGER LOGELCO, INC.
• OROSERO INTERNACIONAL, S.A. -.-
• JEARIN CORP.
• SOLIVO, S.A.
• XINGU INVESTMENT CORP, S.A.
• BASF TRANSATLANTICA, S.A.
• KRONOS MARITIME AGENCY, S.A.
• VERCELLI INVESTMENTS, CORP.
• KEFIT CORP., S.A.
• DISCOR INVESTMENT CORP.
• MINOL, S.A. SOCIETE COMERCIALE MARITIME ET FINANCIERE
• ELENMARIS CORPORATION.
• JEMAKAS FINANZAS, S.A.
• INVESTISSEMENTS D'ARTS, S.A.
• SAMOTILLO HOLDINGS, S.A.
• TRADAX OVERSEAS, S.A.
• AMERICAN TABLE AND GLASSWARE INVESTMENT INC.
• GREY GLOUD FINANCE CORPORATION, S.A.
• BURUCUYA, S.A.
• NAVIOS VIATLANTICA, S.A.
• LA AUSTRAL, S.A.
• WAGRAN CORPORATION
• HARTWOOD CORPORATION
• GULF CHEMICALS INTERNATIONAL, INC.
• COMMODORE ENTERPRISES, S.A.
• ORANGE FINANCE, CORP.
• OEKONOMOS, S.A.
• RONGUAYA, S.A.
• BETULA, INC.
• NESSUS FINANCIAL CORPORATION.
• DONNAY, S.A.
• WORLD PRINCESS CORP.
• DARDANIA FINANCIAL CORPORATION.
• TRADE LAB INVESTMENT CORP., S.A.
• PROTEUS MARITIME, S.A.
• ZOMAR LAND INVESTMENT CORP. S.A.
• GREYSTONE INVESTMENTS, S.A.
• CARTA INC.
• MANPHIL, S.A.
• ORIS INVESTMENT AND FINANCIAL INC.
• BOGE INC.
• TEIT FOLD TRADING CORP.
• SERAC INC.
• CONGLOM INC.
• MARCOSMICA ARMADORA, S.A.
• TRACK SHIPPING, INC.
• EL TIEMPO INTERNATIONAL MEDIA DISTRIBUTORS, INC.
• SIMENTHA, S.A.
• FERROTEC CO. INC.
• FUROMEL, INC.
• LANEX OPERATIONS CORP.
• ULTER FINANCIAL CORPORATION
• LAROS INC.
• LUMOGA INTERNATIONAL TRADING CORP.
• HEART LAND INVESTMENTS, INC.
• PERINT INCORPORATED
• BIN OUMAIR TRADING INC.
• PETROEL FINANCE CORP., S.A.
• TRANSCONTINENTAL REAL ESTATE INCORPORATED
• GLOBAL REAL ESTATE INCORPORATED
• FINREF HOLDING CORP, INC.
• INVERSIONES DE BIENES INMUEBLES INTERNACIONALES, S.A.
• KORAKO CORP.
• AFRISTAR SHIPPING CO. INC. -INSPCRICION DE LA SOCIED AD DEFINITIVA BAJO LAS LEYES DEL ESTADO DE DELAWARE ESTADOS UNIDOS DE AMERICA
• ELSEVA, S.A.
• APAROL, S.A.
• VALCHRIMAR PROPERTIES, INC.
• WINDY DUNES INC.
• ZAPOTILLO FINANCE CORP, S.A.
• GOMESDA INVESTMENT, S.A.
• KOMOD, S.A.
• BARTOLIAC, S.A.
• HATO JULY CORP.
• XANEDU, S.A.
• QUELA INVESTMENT, INC.
• INVERSIONES MUNDO VASTO, S.A.
• SOCIEDAD ANONIMA DE INVERSIONES INDUSTRIALES.
• INSTITUTIONAL INVESTORS INC.
• TIMBERLIKE, S.A.
• TIMON, S.A.
• GRUPO NAVIERO SUDAMERICANO, S.A. (GRUNASUD)
• PUBLI CORPORATION
• ERADA, S.A.
• YORY FINANCIAL S.A
• DIRONDA, S.A.
• SARESA, S.A.
• MANTIAL, S.A.
• MANDCO S.A.
• RADIO INTEGRIDAD, S.A.
• PICCADILLY ENTERPRISES INC.
• CROCKER-NIAGARA INC.
• ARMADORA ARISTARHOS PANAMA S.A.
• MAYSVILLE FINANCE CORP.
• RAMAR DE CHIRIQUI S,A.
• COMPAöIA MARTE S.A.
• LAYDEN FIN CORPORATION
• HOLDING GREAT STORES S.A.
• ARTEMIRO S.A.
• VERTIMI INDUSTRIAL INC.
• BATTLE CREEK INC.
• RIDONIA INC.
• VALMAR FINANCE CORPORATION,
• INTERNATIONAL POPULAR INVESTMENT LTD, INC.
• LAMICAR INC.,
• YAGATOR FINANCIAL CORP.
• LUCERO TROPICO ARMADORA S.A.
• BARB CORP.
• CHATTAHOOCHEE INVESTMENT CORP.
• WALDORF ISLE CORP.
• STILLWATER INTERNATIONAL INC.
• RUSCKY AND IBERIAN SHOES S.A.
• MALANZOR TRADE S.A.
• LABELWORLD SYSTEM CO. INC.
• RIVERFORD S.A.
• CAPRICORNIO OVERSEAS CORP.
• WHITE MIST CORP.
• EARLY GRAY INC.
• ONECO TRADING CORP.
• INVERSIONES CARDICAL, S.A.
• HERCULES CONSULTING INC.
• FONDATION MONTIGNAC S.A.
• FONDATION FONTCHARRA S.A.
• FONDATION BEAULIEU S.A.
• FONDATION BEAURIVAGE S.A.
• CLS INVESTMENTS LIMITED CORP.
• ARTEGMA INVESTMENT CORP.
• INVERSIONES ANKER,SA. (IASA)
• SEQUOVEST, INC.
• MARSHALL CORPORATION
• DHULIA INVESTMENTS S.A.
• SUNITRA S.A.
• RELSOL, S.A.
• MARKETING INVESTMENT INTERNATIONAL S.A.
• MILETO INVESTMENTS INC.
• NELSON'S BILLIARD SUPPLY, INC.
• BLIZAR INTERNATIONAL S.A.
• INDUTRONICA INTERNATIONAL CORPORATION
• HAYLUC INVESTMENTS CORPORATION
• TULSA FINANCE CORP
• CROWN ASSET MANAGEMENT INC.
• PACIFIC PAPER CORP.
• INVESTFINANZ AG.
• PROGRESS BUSINESS S.A.
• SIRIDE FINANCIAL S.A.
• INVERSIONISTA FAMILIAR, S.A.
• BLUE SKY SHIPPING S. A.
• BRATEX PANAMA, S.A.
• CENTRAL AMERICAN MAIL PROCESSING CENTER CORP.
• LAPLACE INC.
• MULMER INC.
• FARVEL INC.
• RAGUSA INC. PANAMA
• FOOD & BEVERAGES CONSULTANTS S.A.
• NOPAL INTERNACIONAL CORP. -.-
• LIUBER, S.A.
• PRIMA COMPAöIA NAVIERA, S.A.
• RUTHERFORD ENTERPRISES INC.
• SOMIFEL INC.
• HERO II, INC.
• BIG STAR DOMINICAN CO. LTD. CORP.
• ASTRO NUESTRO COMPAöIA NAVIERA S.A.
• MANKEA HOLDINGS, S.A.
• SECURIFIN S.A.
• WORLD AVIATION CORPORATION
• NIKATZI INC.
• SAINT CHRIS, S.A.
• ENERI COMPAöIA COMERCIAL, S.A.
• LUMER AND PLYWOOD CORPORATION INC.
• ANCORA TRADING INC.
• EÖW ASSOCIATES S.-A.
• NORDVAL INTERNATIONAL S.A.
• SOUTHWIND TRADING INC
• ARISTA EMPRESAS S.A.
• ORICO HOLDING CORP.
• VASILIKI COMPAöIA MARITIMA S.A.
• BAGHERRA DEVELOPMENT CORP
• LORBRUL S.A
• DORVIL INC.
• COGEBA GONET PACIFIC PORTFOLIO INC:
• ALTO FIJO,S.A.
• CANFIELD INTL. CORP.
• SILVER STAR EXPORTS INC.
• INPRO DEVELOPMENT CORP.
• DICRETAS S.A.
• BERG INTERNATIONAL CORP.
• BLANCHESTER CORP.
• LOSILCO, S.A.
• PARRAL S. A.
• SAMSUNG ELECTRONICS LATINOAMERICA (ZONA LIBRE ), S.A.
• LULWORTH CORPORATION.
• BETA AMEX INVESTMENTS (PANAMA) LTD., S.A.
• ALPHA AMEX INVESTMENTS (PANAMA) LTD., S.A.
• CYMBELINE CORPORATION
• DANVILLE INVESTMENT INC.
• ARIDAL INV. INC.
• INVERSIONES VEINTE MIL, S.A.
• ARBI TRADING INTERNATIONAL CORPORATION
• ELSALEH DEV. CO. INC.
• TOMORAGA INVESTMENTS COMPANY S.A.
• DUNDEE INVESTMENTS, INC.
• GLASTONBURY CORP. INC.
• NATIONAL SHRIMP CORPORATION
• MORELUS INVESTMENT INC.
• DINIVAL INVESTMENT INC.
• DARIA S.A.
• DUNRANKIN CORPORATION.
• AMARANTH CORPORATION
• KENDRA, S.A.
• BELLESGUARD, INC.
• LAMUD CORPORATION
• YEGROS CORPORATION
• ZUMBA CORPORATION
• DANET INTERNATIONAL S.A.
• FAIRHOLME NAVIGATION COMPANY, INC.
• GULF RO-RO SERVICES, S. A.
• ARIES INVESTMENT AND TRADING S.A.
• BEAUCATION CORPORATION
• FELTON SOCIEDAD ANONIMA
• BAGOAS S.A.
• INVERSIONES SAQUEMA S.A.
• POWER SYSTEMS, S.A.
• DAWESEN INVESTMENTS, S.A.
• MELERA INVESTMENTS, S.A.
• PASTAZA INVESTMENTS, S.A.
• BANQUIP INTERNATIONAL PANAMENA, S.A.
• PARRITA INVESTMENTS, S.A.
• GLOBAL ASSISTANCE INC.
• AMASIS INV. INC.
• AGAREM TRANSACTION CORP.
• ROFAX S.A. -.-
• FOURKERO COMPAÑIA FINANCIERA S.A.
• KONATA INVESTMENTS, S.A.
• COESCAR GLOBAL MARKET, S.A.
• BARUGH GROUP INC.
• NASELLE SERVICES S.A.
• ALEMAR MANAGEMENT CORP.
• CHLOE VENTURES S.A.
• VARULKO TRADING S.A.
• ALPICOA SERVICES INC.
• RIALTO ASSET MANAGEMENT CORP.
• FILMER CAPITAL CORPORATION
• JENTUKAI S.A.
• DAMA DA NOITE CORP.
• LIO ART GALLERY S.A.
• LRI INC.
• KERMORE INVESTMENTS S.A.
• CHASLEN SERVICES CORP.
• BOLTON GARDEN, INC.
• EDILMONT INVESTORS S.A.
• BALTIMORE PLAIN S.A.
• CRESFORD MANAGEMENT S.A.
• EDNA VALLEY S.A.
• REDROOM CORP.
• ROCHELLE MANAGEMENT SERVICES CORP.
• LAGAUN OVERSEAS S.A.
• DROWMILL FINANZ CORPORATION
• WINTERSEAS TRADING CORP.
• ZAPHIR ASSETS CORP.
• WHITEROCK SHIPPING CO. S.A.
• NELSON RIVER S.A.
• NISTAM TECHNOLOGIES, S.A.
• BRILIANT EQUITIES CORP.
• CANYON ASSETS INC.
• EXCLUSIF ASSOCIATES INC.
• GODMIND REAL ESTATE CORP.
• XEN TIME CORP.
• LENNARTCO S.A.
• ASESORIA E INVERSIONES GATUN, S.A.
• SW SEA-MOON, S.A.
• PENWELL FINANCE S.A.
• REBERNINA, S.A.
• CRESCENT CITY CORP.
• SALT POINT STATE CORP.
• PINE FLAT INCORPORATED.
• BROOMVILLE INVESTMENTS CORP.
• LEMON SOLUTIONS CORP
• WERLEY INTERNATIONAL S.A.
• SWAMP INVEST INC.
• ENDERBURY COMMERCIAL CORP.
• PACHERA CORP.
• MORLANG DEVELOPMENT S.A.
• LALIBELLA COMPANY S.A.
• OKURNA BUSINESS INC.
• LIVING OUTSIDE CORP.
• SPREDNA OVERSEAS S.A.
• KOLKA ENTERPRISE S.A.
• PRINCETON GLOBAL S.A.
• LOGAN GROUP S.A.
• CM CAPITAL S.A