JOSE MAUAD OREJ

Director

• STRATEGIC ENERGY OF PANAMA,INC.
• AZKAR SERVICES INC.
• VARCEX, S.A.
• INTERNATIONAL TRAVEL ASSOCIATION, INC.
• SKYBIRD DE PANAMA, S.A.
• GRABACIONES MUNDIAL (PANAMA), S.A.
• BOHEMIAN DEVELOPMENT COMPANY.
• SUPLIDORA DEFAL, S. A.
• CORPORACION ALTOMAR, S.A.
• CROWN RESORT DEVELOPERS, INC.
• WOOD-LAKE, S.A.
• DALENA, S.A.
• GRAYBIRD, SA.
• TAMESIS DE PANAMA, S.A.
• INTERIORS & DEVELOPMENT INC.
• GILGIAN, S.A.
• S.A. INTERNATIONAL TRADING (PANAMA), CORPORATION
• TOWER INTERNATIONAL, S.A.
• INVERSIONES WINTER, S.A.
• ALMACENADORA SERVICARGA, S.A.
• DAVAL DE INVERSIONES, S.A.
• CORPORACION OREANA, S.A.
• PANAMERICAN DEVELOPMENT, INC.
• HAGUE FINANCIAL CORPORATION
• DESARROLLOS INTERAMERICANOS, S.A.
• ENTERTAIMENT ENTERPRISES OF CENTRO AMERICA, S.A.
• I. F. & COMMERCE CORPORATION
• CONSORCIO MERCANTIL, S.A.
• GRACE OVERSEAS MANAGEMENT SERVICES, S.A.
• ROYCE MANAGEMENT SERVICES, S.A.
• MODERNA, S.A. - MODERNA, INC.
• FIRST RECORD COMPANY, S.A.
• ANTECON, S.A.
• TELECOMMUNICATIONS CONSULTANTS, S.A. (TELCSA).
• ADMINISTRACION TECNICA Y CONSULTORIA, S.A.
• CONSTRUCTORA INDUSTRIAL, S.A.
• AYUGA INTERAMERICAN INC.
• APJ DEL PACIFICO, S.A.
• PANAM DEVELOPMENT CORPORATION
• GROUP TRAVEL CONSULTANTS INC.
• INMOBILIARIA DEL ISTMO, S.A.
• PABON & ASOCIADOS, S.A.
• BDF HOLDING CORPORATION
• AGROSUR, S.A.
• INTERNATIONAL VISITORS SERVICES, (IVS INC.)
• INVERSIONES FENCI, S.A.
• TRAPAN TRADING, S.A.
• INVERSORA LA HUERTA, S.A.
• AMIGO CORPORATION, S.A.
• JOSALMA S-A
• BAIKAL TRADING S.A.
• BAIKAL TRADING S.A.
• MODERNA FISHERIES, S.A.
• CORPORACION MERCURIO, S.A.
• OLYMPIC INVESTMENT, S.A.
• CORPORACION JAGUAR, S.A.
• CROWN DEVELOPMENT CORP.
• PANABIENES, S.A.
• REGENCY GLOBAL PROPERTY INC.
• INSTITUTIONAL RESEARXH AND MARKETING CORP.
• INCARIB INVESTMENT INC.
• KANDAHAR INESTMENT INC.
• MAVIPA TRANSCONTINENTAL, INC.
• CHARTERED DE PANAMA, S.A.
• IAPA WORLDWIDE AGENCY INC
• TOP STAR SHOW, S.A.
• DISTRIBUIDORA NACIONAL DE DISCOS Y CASSETTES, S.A.
• INDUSTRIA FNOGRAFICA DE PANAMA, S.A. (I F P)
• INTERNATIONAL PASSENGERS ASSOCIATION INC. (I. N. P. A. )
• DIGEST PUBLICATIONS INC.
• CORPORACION TADEO, S.A.
• CALZADOS LA ARENA, S.A.
• CORPORACION MARGOS, S.A.

Subscriber

• MCLARENS YOUNG MEXICO (OVERSEAS) S.A.
• DERLAC, S.A.
• INTERMODAL FOOD TRANSPORT INC.(I.F.T.)
• ZITRO INVESTMENTS S.A.
• ALTA SIERRA NEVADA S.A.
• SAN ISIDRO SERVICES CORP.
• URSUS CORPORATION INC.
• DUBAI OVERSEAS CORP
• SPRINGFIELD CONSULTING OVERSEAS CORP.
• 3R BUSINESS INC.
• MACHINERY RENTALS CORP.
• FAXFAR BUSINESS, S.A.
• CERRO VIEJO INTERNATIONAL,S.A.
• INDUSTRIA PANAMEöA DE LA MINADOS (INPALA), S.A.
• PRISMA CONCEPTS S.A.
• SANZ-ARANCON HOLDING CORP.
• SUPPLYING SOLUTION,S.A.
• INTERNATIONAL TRAVEL ASSOCIATION, INC.
• R.M.R.CORPORATION"
• SOREL INVESTMENT COMPANY, S. A.
• NAVIERA DEL CAYO, S.A.
• NAVIERA VIZCAYA, S.A.
• SKYBIRD DE PANAMA, S.A.
• CORPORACION EL PEDERNAL, S. A.
• FABRICA NACIONAL DE FRENOS Y EMBRAGUES, S.A.
• RIDGEFIELD CORPORATION
• INVERSIONES COCHEZ,S.A.
• EDITORA REGION, S.A.
• INTERAMEREICANA DE GRABACIONES, S.A.
• MARINVEST FUNDS, S.A.
• CAUCA CONSULTING CORP.
• ONE THREE HILL, S.A.
• GUAYACAN INVESTMENT CORP
• MAR LINDO CORPORATION
• CERRO PUNTA MANGEMENT CORP
• AGRICOLA SAN LORENZO, S.A.
• INVESTRONIX, S.A.
• AB PANAMA TRADING, S.A.
• PREMIER CONSULTING GROUP, S.A.
• CREDIVESA DE PANAMA S.A.
• DIM CONSULTING SERVICES, S.A.
• HAMBURG INVESTMENT COMPANY S.A.
• CAUCA SERVICES, S.A.
• GONMAR SERVICES S.A.
• CANARY INTERNATIONAL INVESTMENT CORP.
• VALLE DEL MAR INTERNATIONAL CORP.
• BARILOCHE INTERNATIONAL CORPORATION
• BACHIO MULTICENTRO, S.A.
• VANETTI,S.A.
• PROJECTS AND INVESTMENTS CORP.
• BOHEMIAN DEVELOPMENT COMPANY.
• J.A.P. INC.
• DOLARES, S. A. / DOLLARS INC.
• B.I.V. AVAL NUMERO OCHO, S. A.
• B.I.V. AVAL NUMERO SIETE, S. A.
• B.I.V. AVAL NUMERO SEIS, S. A.
• B.I.V. AVAL NUMERO CINCO, S.A.
• B.I.V. AVAL NUMERO CUATRO, S.A.
• B.I.V. AVAL NUMERO TRES, S.A.
• B.I.V. AVAL NUMERO DOS, S.A.
• B.I.V. AVAL NUMERO UNO, S.A.
• SUPLIDORA DEFAL, S. A.
• VIGILIA, S. A.
• EQUIPO CANERO DE CONSTRUCCION, S. A. (ECACOSA)
• INMOBILIARIA ISAAR, S. A.
• CABLE VISION INTERNATIONAL, S.A.
• COMERCIALIZADORA IBEROAMERICANA, S.A.
• CYCLE TRADING INC.
• CAFECOL CORPORATION
• EDDAS CORPORATION, S.A.
• DALMACIA DE INVERSIONES, S.A.
• SHIRI DE PANAMA, S.A.
• DALET DE PANAMA, S.A.
• LUROSO, S.A.
• TIME FUNDS INC.
• LIFE FUNDS INC.
• GENERAL RENT-A-CAR PANAMA, INC.
• GOLDEN TREE CORPORATION
• HERIMAR CORPORATION
• INVENA DE PANAMA, S.A.
• HUNTSVILLE CORPORATION
• CROWN RESORT DEVELOPERS, INC.
• LEABE, .S.A.
• ANDROMEDA OVERSEAS CORPORATION
• H.B. FULLER PANAMA, S.A.
• INTERNATIONAL GLASS CORPORATION.
• GOLDFIELD CORPORATION.
• INVERSIONES MIRMAD, S.A.
• WOOD-LAKE, S.A.
• THOMAJA, S.A.
• DALENA, S.A.
• GRAYBIRD, SA.
• FIESTA AMERICANA, S.A.
• TAMESIS DE PANAMA, S.A.
• PUBLISHER'S NETWORK, INC.
• CORPORACION CONDOR, S.A.
• EURO-AUTOS, S.A.
• CASTAWAY, S.A.
• OCEANFARE INTERNATIONAL CORPORATION
• IMPORTADORES Y EXPORTADORES EL CAöON, S.A.
• EXPO PANAMA., S.A.
• MI., S.A.
• INTERIORS & DEVELOPMENT INC.
• PANAMEX INVESTMENT CORPORATION
• RESORT MARKETING INTERNATIONAL, INC.
• BIENES RAICES DE PANAMA, S.A.
• CORPORACION TOLE, S.A.
• DESARROLLO ANCON, S.A.
• CORPORACION ASIN, S.A.
• M.J. AGROECPORT PANAMA, INC.
• S.A. INTERNATIONAL TRADING (PANAMA), CORPORATION
• INVERSIONES WINTER, S.A.
• ALMACENADORA SERVICARGA, S.A.
• INVERSIONES BOTANY, S.A.
• WESTERN OVERSEAS CORPORATION
• DAVAL DE INVERSIONES, S.A.
• ALFOMBRAS CANON, S.A.
• COPACABANA CORPORATION, INC.
• GUARDIA NOIRAN, S.A.
• FRONTEMAR OVERSEAS, S.A.
• DEVEMAR OVERSEAS, S.A.
• KASKILL CORPORATION, INC.
• CORPORACION INTERNACIONAL DE INVERSIONES FINANCIERA, S.A.
• INVERSIONES ANGIE MARLENE, S.A.
• SEVEN BEAUTY IMPORTERS & EXPORTERS, S.A.
• CORPORACION OREANA, S.A.
• BUTTERCUP CORPORATION INC.
• ORO, S.A.
• WINTERFIELD CORPORATION (GULF) INC.
• WINTERFIELD CORPORATION (NORTH AFRICA) INC.
• INTER TERRA CORPORATION INC.
• PROYECCIONES DE ULTRAMAR, S.A.
• LA BROCHA, S.A.
• ALQUILERES INDUSTRIALES, S.A.
• PROCESAMIENTOS CONTABLES, S.A.
• PETROFUEL ENTERPRISES, INC.
• EL CENTAVITO, S.A.
• SERFIN, S.A.- SERVICIOS FINANCIEROS.
• CARIBBEAN SAILING, INC.
• JAFTA-PANAMA, S.A.
• LANCE GRUPO, S.A.
• FAMODEL, S.A.
• SERVICIOS NAVIEROS MARKBEN, S.A.
• DATAFAX, S.A.
• SEMIRAMIS, S.A.
• DADE CORPORATION.
• WINTER PARK CORPORATION.
• ADMINISTRACION INDUSTRIAL DE HERRERA, S.A.
• LATIN AMERICAN FREE ZONE ENTERPRISES, INC.-LATINEX- -.-
• INTELMAR, S.A.
• PIM INC.
• CORPORACION WESTON, S.A.
• GENERAL PROYECTS CORP., S.A.
• CORPORACION INTERPROJECTS, S.A.
• CORPORACION JUAPA DE PANAMA, S.A.
• CORPORACIONAROVAL, S.A.
• DESARROLLOS INTERAMERICANOS, S.A.
• SISTEMAS DE PROTECCION Y SEGURIDAD, S.A. (SIPROSE). -.-
• WEST-PACIFIC TRADING CORPORATION
• CENTRO MERCANTIL PAITILLA, S.A.
• WINTERFIELD CORPORATION, INC.
• CORPORACION DINSA, S.A.
• PAASE, S.A.
• ISLAND ASSOCIATES, S.A.
• PHOENIX EXIMPORT CORPORATION
• O.E. CALDERON Y ASOCIADOS, S.A. -.-
• COLUMBUS VENTURES CORPORATION
• LANCE INTERNATIONAL INC. S.A.
• CONTRUCTORA ALLIS, S.A.
• WESTERN INTERNATIONAL INVESTMENT PROJECTS, INC.
• CENTRO NEURO-DIAGNOSTICO, S.A.
• I. F. & COMMERCE CORPORATION
• BAVARIAN MOTOR INTERNATIONAL, INC. -.-
• VIDRERIA ANDINA, S.A.
• DISTRIBUIDORA ANDINA DE VIDRIOS, S.A.
• INSTALADORA ANDINA DE VIDRIOS, S.A.
• ARMATUR, S.A.
• INTER CONSTRUCTION GROUP INC.
• CARIBBEAN MULTI-FINANCE & INVESTMENT CORPORATION.
• LIBER LICENCE CORPORATION.
• T'S TECHNICAL CORP.
• HARAS CORPORATION
• CORPORACION BELA, S.A.
• GRUPO SUDAMER, S.A.
• JINEIRA INTERNATIONAL INC.
• THE CHARTERED MANAGEMENT COMPANY, S.A.
• GATUN INTERNATIONAL CORPORATION
• TRANSMARINAS DE INVERSIONES, S.A.
• BUSINESS DEVELOPMENT & PLANNING CO. PANAMA., S.A.
• LANCASTER INTERNATIONAL CHEMICAL CORP.
• MERCUROIL AND TRADING, S.A.
• FILM PARTNERS INTERNATIONAL, S.A.
• INVERSIONES CONSMAR, S.A.
• FASOT, S.A.
• WALCRI, S.A.
• JOYERIA LILIA, S.A.
• SERVICIOS DE PLANIFICACION FINANCIERA, S.A. FINANCIAL PLANNING SERVICES, INC.
• LENILA, S.A.
• OMNIHOUSE TRADING COMPANY, S.A.
• R. A. G. CORPORATION.
• FIRST RECORD COMPANY, S.A.
• MAGNA INTERNATIONAL CORPORATION
• COLOSSUS INTERNATIONAL CORPORATION
• ANTECON, S.A.
• INVERSIONES INTERNACIONALES HONPAN, S.A.
• MARIA INTERNACIONAL, S.A.
• ADMINISTRACION Y ESTUDIOS TECNICOS, S.A. -.-
• INVERSIONES SANTEMA, S.A.
• AROS CORPORATION, INC
• DRAYCOTT TRADING AND FINANCE INTERNATIONAL LTD., S.A.
• VALLARTA, S.A.
• INCOIN, S.A.
• EX-IMP DE PANAMA, S.A.
• CALYPSO INTERNACIONAL, S.A. (CISA) -.-
• TECNICA AGRICOLA Y COMERCIAL, S.A. -.-
• ADMINISTRACION TECNICA Y CONSULTORIA, S.A.
• BREEZE SHIPPING (PANAMA) LIMITED, S.A.
• RADIOEMISORAS UNIDAS DE PANAMA, S.A. (R.U.P.)
• CONSTRUCTORA INDUSTRIAL, S.A.
• INVERSIONES BACCARAT, S.A.
• FONDO FINANCIERO SURAMERICANO, S.A.
• CONVERTIDORA DE PLASTICOS, S.A. (CONVERPLAS).
• CENTRO MUSICAL, S.A.
• PANTHER MARITINE (PANAMA) LIMITED, S.A.
• ASESORES INTERNACIONALES DE FINANZAS, S.A.
• FINANCIAMIENTOS INTERNACIONALES, S.A
• CORPORACION CONTINENTAL DE FINANZAS, S.A
• YACHTSHARE NUMERO CINCO, S.A.
• ANTIGUA INTERNATIONAL SERVICES, S.A.
• MARVEN SERVICES INC.
• DAFMAR INTERNATIONAL,S.A.
• PLAC S.A.
• PHARO HOLDINGS INC.
• NIELS HOLDING CORP.
• PAKEYIN GLOBAL CORP.
• VALLEY CONSULTANTS INC.
• BOGART CORP.
• ORION INTERNATIONAL SERVICES INC.
• SUMMIT INTERNATIONAL CORP.
• ARMADELO, S.A.
• ROGER THREE CORP.
• LATINA FARMS,S.A.
• TRANSPORTE DE CARGA DE CENTROAMERICA,S.A.
• PALERMO INTERNATIONAL SERVICES INC.
• LA RIOJA CONSULTING CORP.
• G & P ENTERPRISES S.A.
• UNIVERSAL CALL CENTERS INC.
• YACHTSHARE NUMERO CUATRO, S.A.
• COMPUTECHNOLOGY, S.A.
• PREMIUM GLOBAL CORP.
• CAPITAL PREMIUM,S.A.
• MIRAMAX CONSULTING SERVICES INC.
• GABINETE DE CONSULTORES, S.A.
• CONSULTORIA TECNOLOGICA Y FINANCIERA, S.A.
• OPTIMA CONSULTING GROUP, INC.
• NEGOCIOS INTERNACIONALES DE EXPORTACION,S.A.
• ABRACADABRA SPORTSFISHING INC.
• MUXBAL SERVICES CORP.
• ORREZ, S.A.
• COMPUTECHNOLOGY, N 3, S.A.
• SMOOTH OPERATOR INC.
• BULLTOWN ENTERPRISES CORP.
• TEE TIME CORP.
• TECHNOLOGY SYSTEMS (PANAMA), S.A.
• IMPEX PANAMA, S.A.
• US LEXUS GROUP CORP.
• COBRANZAS DE LATINOAMERICA, S.A. EN ESPAöOL Y LATINAMERICAN CORP. EN INGLES
• MODAS MUNDIALES, S.A.
• TURIS-CORP PANAMA, S.A.
• MARIA RAQUEL VALLARINO, S.A.
• SOVEREIGN MANAGEMENT AND LEGAL, S.A.
• FOCUS CONSULTING GROUP INC.
• TOLEDO INVESTMENT COMPANY, S.A.
• PENTAL INTERNATIONAL CORP.
• VANETTI ZONA LIBRE, S.A.
• BHARMA INTERNATIONAL COMPANY, S.A.
• RIVIERA HOLDINGS INVESTMENT, S.A.
• DURANGO GLOBAL CORP.
• VIGENTA INVESTMENT CORP.
• INTERNATIONAL ALLIANCE FACTORS, INC.
• PANAMA BUILDERS, INC. (PBI)
• BMG INTERNACIONAL,S.A.
• M3S, S.A.
• AFROIBEROLATINA PANAMA,S.A.
• MAQUINARIAS Y EQUIPOS CONSULTORES S.A.
• CLAY FACTOR, S.A.
• INTERMODAL LOGISTICS,INC.
• YACHTSHARE NUMERO TRES,S.A.
• ASSETS FINANCIAL ADVISOR, S.A.
• MAGNUN INVESTMENT CORPORATION
• CARDTECH INVESTMENTS CORP.
• LOUGAN INTERNATIONAL CORP.
• APJ DEL PACIFICO, S.A.
• ASESORIA Y DESARROLLO DE INFRAESTRUCTURAS, S.A. (ADISA)
• TERRA VENTURES, S.A.
• MARE VENTURES S.A.
• COMPAöIA CENTROAMERICANA DE ENTRETENIMIENTO, S.A.
• CANARIAS GLOBAL CORP.
• MANCHESTER GLOBAL CORPORATION
• ST. RAPHAEL INVESTMENTS,S.A.
• CORPORACION FRUTERA DEL PACIFICO, S.A.
• BROOKELAND INVESTMENTS INTERNATIONAL, S.A.
• YACHTSHARE NUMERO DOS, S.A.
• INVERSIONES OPTIMAS INTERNACIONALES, S.A.
• TROLAL INTERNATIONAL CORPORATION
• BALDOR HOLDING CORP.
• CANAL MOVERS AND LOGISTICS CORP.
• UNIMODAS, S.A.
• PANAMA ADVENTURE SOCIETY & DESTINATION PANAMA INC. (SOCIEDAD DE AVENTURAS DE PANAMA & DESTINO PANAMA, S.A.)
• KUHN INTERNATIONAL HOLDING,CORP.
• ROMASI S.A.
• ORIENTAL IMPORT & EXPORT S.A.
• DYNAMIC GLOBAL CORP.
• FROSTED NUTS PANAMA, S.A.
• HIGH IMPACT GRAFIX S.A. (EN INGLES) Y GRAFIX ALTO IMPACTO, S.A. (EN ESPAöOL
• CROWNE INVESTMENT CORP.
• AGROVALLEY, S.A.
• YACHTSHARE NUMERO UNO S.A
• FASTRACK PANAMA, S.A.
• METALUX HOLDING CORP.
• QUIMICOS DEL GOLFO, S.A.
• CHRISTIAN TRADING CORP.,
• PORT CAFE, S.A.
• RM GLOBAL CORP.
• PALOALTO WORLD CORPORATION
• INMOBILIARIA FRESNO, S.A.
• MICHELIN PANAMA CORP.
• PLATINIUM CORPORATION, INC.
• PALOALTO GLOBAL CORP.
• HAIMAN DEVELOPMENT CORPORATION
• RINCONES VACACIONALES, S.A.
• INTERNATIONAL GRAPHICS ENTERPRISES, INC.
• CONSORCIO CROWLEY, S.A.
• ROUSSES HOLDING CORP.
• LAUGTON INVESTMENT, INC
• HIGH-TECH INVESTMENT,INC
• CENTURY INTERNATIONAL GROUP, S.A.
• DIFESA HOLDING, S.A.
• HORIZON GLOBAL CORP.
• TELULAR PANAMA CORP.
• DOS VALLES, S.A.
• BOGUS IMPORT,S.A.
• TANTOES, S.A.
• MARES DEL NORTE, S.A.
• JUPITER INTERNATIONAL GLOBAL, CORP.
• N.D. ARQUITECTOS, S.A.
• ARCHANGEL INTERNATIONAL COMPANY S.A.
• CONSULTORES DE VIVIENDA, S.A.
• NEPTUNO GLOBAL INVESTMENT CORP
• JANADEL, S.A.
• PANAMA LANGUAGE CENTER, S.A.
• JIRASOL MANAGEMENT, INC.
• PANAM DEVELOPMENT CORPORATION
• THE WASHITA CORPORATION
• COPORACION FIDLER S.A.
• BENCHMARK GROUP CORP.
• WELLFUND CORPORATION
• SANDY GLOBAL TRADING COMPANY, S.A. 8-179-898
• FUMIGADORA AMB, S. A.
• MONTE REAL INESTEMENT COPR.
• GRUPO COSTA AZUL, S. A.
• TOCUMEN POWER COMPANY, INC.
• OSTOCAL INTERNATIONAL CORPORATION
• QUETZAL GLOBAL INVESTMENT CORP.
• ASESORES DE CREDITOS FINANCIEROS, S.A.
• A Y P MANUFACTURING PLANT, INC.
• GEM OF THE SEA,S.A.
• VERO GLOBAL PROPERTIES, S.A.
• GROUP TRAVEL CONSULTANTS INC.
• CANADA'S BEST INVESTMENT,CORP.
• MCLARENS YOUNG COLOMBIA (OVERSEAS), S.A.
• CREWE URBAN DEVELOPMENT ADVISORS, INC.
• KENMORE INVESTMENT CORP.
• MORRISON CROSS FINANCIAL INVESTMENTS INC.
• INMOBILIARIA DEL ISTMO, S.A.
• AMERICAS HOLDING CORP.
• COMPAöIA IBERO AMERICANA DE INVERSIONES S.A.
• ENEL PANAMA HOLDING, INC.
• AMERICAS GENERATION CORP.
• CANADIAN HOLDING CORPORATION
• IBER-LAT CONSULTING SERVICES INC.
• MCLARENS TOPLIS MEXICO (OVERSEAS), S. A.
• PABON & ASOCIADOS, S.A.
• INTERNATIONAL LEGAL REFERRAL SERVICES, INC. (INTERLEGAL)
• INMOBILIARIA LAS CIBELES, S.A.
• LONDON GLOBAL MARKET, INC.
• PABON CONSULTING INC.
• SOMBREROS APOLLO INTERNACIONAL, S. A. (EN ESPAöOL) Y APOLLO HATS INTERNATIONAL, S. A. (EN INGLES)
• BIBLOS, S.A.
• INVERSIONES BOSCAR, S.A.
• INVERSIONES LAS CRUCES, S.A.
• INVERSIONES LOS CEDROS, S.A.
• MEN IN BLACK, S.A. (EN INGLES) HOMBRE DE NEGRO, S. A. (E N ESPAöOL)
• LIGTHOUSE CORPORATION
• ENGLISH SPORTS INFORMATION PROCESSORS INC.,
• GAYLORD MERCANTIL, S.A.
• AGRI FUNDS INTERNATIONAL CORPORATION.
• TERRELL INVESTMENT, INC.
• DOUBLE PARK CORPORATION
• ZONA PROCESADORA DE EXPORTACION ALBROOK, S.A.(EN INGLES ALBROOK EXPORT PROCESSING ZONE S.A.)
• LARITA INVESTMENT, S.A.
• INVERSIONES MEVI, S. A.
• INVERCEN, S.A.
• INVERSIONES BDF, S.A.
• DISTRIBUIDORA ACLE, S.A.
• BANCO DE FINANZAS (INTERNACIONAL), S. A.
• DAGOR, S. A.
• CORCORAN CENTER INVESTMENT LTD
• IMPORTADORA SEVEN SEAS, S.A.
• DISEöOS Y CONSTRUCCIONES I.R.V., S.A. (DYCONSA)
• CASTELAURUS HOLDING, S.A.
• ASESORES AGROPECUARIOS, S.A.
• FRAMAIRE, S.A.
• IVOANFIL INVESTMENT, S.A.
• INVERSIONES LOS DUEöOS, S.A.
• LA CASA LIBANESA, S.A.
• BDF HOLDING CORPORATION
• INTERNATIONAL MAIL BOXES S.A.
• RESTAURANTE BAR SARIWA, S.A.
• EASTERN CONTRACTOR INC.
• TOP-FASHION S.A.
• ON-LINE TECHNOLOGY OF PANAMA INC.
• MARITIMA DE CENTRO-AMERICA, S.A.
• LOS CHILAMATES, S.A.
• ISTHMUS HOLDING CORPORA TION
• ASESORIA MONETARIA Y FINANCIERA, S.A.
• CONDAL CORPORATION, INC.
• COM-TEL SYSTEMS CORP.
• CHULITA CORPORATION, S.A.
• VIA-COM DIRECT T. V. CORP.,
• GIRUR INVESTMENT, CORP.
• INVERSIONES DE BOSQUE S.A.
• JETMAN INVESTMENT CORP.
• MARGENIA INVESTMENT CORP.
• LANDER WORLD CORPORATION INC.
• INMOBILIARIA PACIFICO CARIBE,S.A.
• VERTHER INTERNATIONAL CORPORATION
• ARRENDAMIENTOS FINANCIEROS EJECUTIVOS, S.A. EN ESPAöOL EXCUTIVE LEASING, IN C. EN INGLES
• WILSHIRE BUSINESS, INC
• SOUTH LANE INC.
• CENTURY REALTORS, INC
• ASTON LANE HOLDING CORP
• PORTALAT, S.A.
• CANAL SUPPLIES, INC.
• POSEIDON VENTURES (PANAMA) INC.
• IMALUPE AQUA INVESTMENT, S.A.
• BERKSHIRE INVESTMENT CORP
• PINE STREET INC
• BEDFORD AVENUE CORP
• TRIVAL PRODUCTIONS INC.
• INMOBILIARIA COLORADO, S.A.
• AGRO-INDUSTRIAS DIVERSAS TROPICALES DE PANAMA, S.A . (ADITROPICP)
• INVERSIONES AYERBE, S.A. (AYERBESA)
• INVERSIONES VALLE RICO, S. A.
• SOLISA ENTERPRISES INC.
• SANVERO PROPERTIES, S.A.
• HAYRTON BUSINESS CORP.
• INTER AMERICAN SEAFOODS, INC.
• ALDESA, S.A.
• DISTINCTIVE POOL CONSTRUCTION, S.A.
• ASIA & LATIN AMERICA BUSINESS CONSULTANTS, INC. (ASIALATINC)
• NOCLA, S.A.
• H.F. INTERNATIONAL INC.
• AGROSUR, S.A.
• MERCADIN DE CHIRIQUI, S.A.
• GLOBAL CARGO, CORP.
• CENTURY TRAVEL, INC.
• INTERNATIONAL VISITORS SERVICES, (IVS INC.)
• TURISERVICIOS, S.A.
• ANDINA TRADING & LEASING, CORP.
• COCO PLAZA PANAMA S.A.
• AMERICAN MARKETING BUSINESS S.A.
• ACABADOS, S.A.
• LOS TIEMPOS TICOS, (PANAMA), S.A. EN ESPAöOL Y THE TICO TIMES, S.A.EN (INGLES).
• FORWASTARI INVESTMENT INC.
• MAJA BUSINESS CORP.
• INTERMODAL TANK TRANSPORT, INC.
• MACABE INVESTMENTS S.A.
• CASBELLI INVESTMENTS S.A.
• INTERMODIAL CHEMICAL TRANSPORT INC. (I.C.T.).
• CASARES, S.A.
• INVERSIONES FENCI, S.A.
• PUEBLO INVESTMENT, S.A.
• SERHAL INVESTMENTS, INC.
• ALMOSA S.A.
• INMOBILIARIA ALLID, S.A.
• MCCH, S.A.
• PANAMA TELEDATA CORPORATION
• ALDA DE PANAMA, S.A.
• ADVANCED TECHNOLOGY SERVICES (PANAMA) INC.
• MODERNA TRADING S.A.
• PHARMA GROUP, INC.
• JUDITA EXPRESS, S.A.
• APOTEX GUATEMALA, S.A.
• DEL SUR, S.A.
• APOTHECARY INC. -.-
• APOTHECARY INTERNATIONAL, INC.
• ROKADE INTERNATIONAL INC.
• TRAPAN TRADING, S.A.
• INVERSORA LA HUERTA, S.A.
• KIRAN ZONA LIBRE , S.A.
• JOSALMA S-A
• INTERNATIONAL CHAMBER OF IMPORTERS & EXPORTERS, INC.(EN IDIOMA INGLES) - CAMARA INTERNACIONAL DE I MPORTADORES Y EXPORTADORES, S.A.(EN IDIOMA ESPAöOL)
• PREMIER ELECTRONICA S.A.
• FABRO AND ASSOCIATES, S.A.
• P. A. C. WORLDWIDE INVESTMENTS CORP.
• ZAMEX INTERNATIONAL DEVELOPMENTS INC
• PRAGADA INVESTMENTS, S.A.
• INMOBILIARIA LOMSON, S.A.
• JAVDA INTERNATIONAL, INC.
• DABEN ENTERPRISES INC.
• DITORA INVESTMENTS INC.
• FRIKA INVESTMENT CORP.
• BAIKAL TRADING S.A.
• LAGO ENTERPRISES,INC.
• JADECO TRADING S.A.
• SOL FRUIT INTERNATIONAL CORPORATION
• KOMEX, INC.
• PETLYN, S.A.
• CEVIL RESOURCES, S. A.
• AVORICO RESOURCES, S.A.
• GALLETAS LA CASERA, S.A.
• UNITEC INVESTMENT CORP. -.-
• ARKADE INTRNATIONAL INC.
• LOYOLA INVESTMENT CORPORATION
• MODERNA FISHERIES, S.A.
• SERVICIOS DE MAQUINAS Y COMPUTADORAS, S.A. (S.M.C.)
• MARITIMA GRANCOLOMBIANA, S.A. -.-
• VISTEN, S.A.
• KEMPE, INC.
• GRUPO COLFINANZAS, S.A. -.-
• SYMPHONY ENTERPRISES, INC. .-.-
• BAGO ENTERPRISE, INC.
• A & H SHIPPING (PANAMA) LIMITED.
• WEBSTER MANAGEMENT CORP.
• CORPORACION MERCURIO, S.A.
• CONTINENTAL GROUP, INC.
• OLYMPIC INVESTMENT, S.A.
• INMOBILIARIA ENA, S.A.
• CORPORACION JAGUAR, S.A.
• HAGAR MARINE LTD., S.A.
• PERVEN, S.A.
• CROWN DEVELOPMENT CORP.
• PANABIENES, S.A.
• NEWPORT FINANCE CORPORATION
• OLPANS FORRESTAL INC.
• PROYECTOS Y MERCADEO, S.A. Y(PROJECTS & MARKETING CORP.)
• DATABASE INVESTMENT CORP.
• PANDA SILVER CORP.
• GLOBAL FISHERIES, INC.
• HANOVER FINANCIAL CORP.
• SMCC INVESTMENS INC.
• CAPITOL FASHIONS, S.A.
• REPI, S.A.
• SIGNET INVESTMENTS INC.
• MIRAVALLES, S.A.
• NORTH AMERICAN GOLD RESERVES CORPORATION
• MEDICINAS DEL ISTMO, S.A.(MEDITSMO) -.-
• INSTITUTIONAL RESEARXH AND MARKETING CORP.
• DEL AGRO, S.A. .-
• AGROFRUT (PANAMA) S.A. -.-
• TRENDCORP INTERNATIONAL, INC.
• GAMMA INTERAMERICAN INCORPORATED
• ESCALLO, S.A.
• ESGON, S.A.
• MALONNI, S.A.
• GRUPO ANA, S.A.
• PACIFIC IMPORT & EXPORT CORP. -.-
• ESTTILLO, S.A.
• INCARIB INVESTMENT INC.
• THE SIGNET GROUP CORP.
• KANDAHAR INESTMENT INC.
• INDOMAR TRADING CO.
• MAVIPA TRANSCONTINENTAL, INC.
• DELTA SEALING CORPORATION
• CHARTERED DE PANAMA, S.A.
• KARLA'S GYM, S.A.
• EPA DE PANAMA, S.A.
• PANEC DE INVERSIONES, S.A.
• THE WINSTON INSURANCE AGENCY,INC.
• IAPA WORLDWIDE AGENCY INC
• SANVERO, S.A.
• TOP STAR SHOW, S.A.
• DISTRIBUIDORA NACIONAL DE DISCOS Y CASSETTES, S.A.
• INDUSTRIA FNOGRAFICA DE PANAMA, S.A. (I F P)
• AMALGAMATED INVESTMENTS, INC.
• INTERNATIONAL PASSENGERS ASSOCIATION INC. (I. N. P. A. )
• CABALLO DORADO, S.A.
• ERAA HOLDING INC.
• LACA ENTERPRISES CORP.
• DESARROLLOS Y PROYECTOS CAVEL, S.A. -.-
• MIDLAND CONSTRUCTION, S.A.
• L E I F E L, S.A.
• CAPITAL FINANCE CORP.
• BAYSHORE CORPORATION, S.A.
• EAGLE MANAGEMENT, S.A.
• GROVE INVESTMENT, INC.
• MONZA S.A
• INVERSIONES WALDORF, S.A.
• DIGEST PUBLICATIONS INC.
• WINTER PARK INVESTMENT, INC.
• CITATION INVESTMENTS CORPORATION
• CIVILIS CORPORATION
• CORPORACION TADEO, S.A.
• COM-TECH CORP.
• COMISIONES DOMINGUEZ, S.A.
• DISTRIBUIDORA NACIONAL DE FRENOS Y EMBRAGUES, S.A. (DINFE)
• DARIEN MINNING COMPANY, S.A.
• DIANE D' PARIS, S.A.
• CALZADOS LA ARENA, S.A.
• NAVIERA DE TRANSPORTE, S.A. -.-
• CORPORACION MARGOS, S.A.
• DISTRIBUIDORA ILUSION, S. A.

Agent

• INTERNATIONAL TRAVEL ASSOCIATION, INC.
• SKYBIRD DE PANAMA, S.A.
• SANTA TECLA, S.A.
• EDITORA REGION, S.A.
• INTERAMEREICANA DE GRABACIONES, S.A.
• GRABACIONES MUNDIAL (PANAMA), S.A.
• MADERAS SELECTAS, S. A.
• MAGNUM, S.A.
• BOHEMIAN DEVELOPMENT COMPANY.
• EQUIPO CANERO DE CONSTRUCCION, S. A. (ECACOSA)
• COMERCIALIZADORA IBEROAMERICANA, S.A.
• INVENA DE PANAMA, S.A.
• AMERICAN STAR EXIMPORT, S.A.
• CROWN RESORT DEVELOPERS, INC.
• LEABE, .S.A.
• CORPORATION CAREY DE SEGUROS, S.A. -.-
• INVERSIONES SEGURAMA DE PANAMA, S.A.
• OBARRIO NUEVE (9), S.A.
• VILLA MAGNA CINCO (5), S.A.
• VILLA MAGNA DIECISIETE (17), S.A.
• VISION Y SONIDO, S.A.
• ZODIAC FILMS, S.A.
• WOOD-LAKE, S.A.
• THOMAJA, S.A.
• DALENA, S.A.
• GRAYBIRD, SA.
• FIESTA AMERICANA, S.A.
• FINESTER, S.A.- .-
• CORPORACION CONDOR, S.A.
• FAAGRA TRADING, S.A.
• CASTAWAY, S.A.
• OMNISERVICIOS S.A.
• INTERIORS & DEVELOPMENT INC.
• ADMINISTRADORES HOTELEROS, S.A.
• CORPORACION SABRINA, S.A.
• RESORT MARKETING INTERNATIONAL, INC.
• A N U N C I E, S.A.- -.-
• GILGIAN, S.A.
• S.A. INTERNATIONAL TRADING (PANAMA), CORPORATION
• TOWER INTERNATIONAL, S.A.
• INVERSIONES WINTER, S.A.
• INVERSIONES BOTANY, S.A.
• SISTEMAS Y PROCESAMIENTOS AUTOMATIZADOS, S.A.
• DAVAL DE INVERSIONES, S.A.
• GUARDIA NOIRAN, S.A.
• SEVEN BEAUTY IMPORTERS & EXPORTERS, S.A.
• CORPORACION OREANA, S.A.
• CASA ANGEL, S.A.
• DATAFAX, S.A.
• SEMIRAMIS, S.A.
• ADMINISTRACION INDUSTRIAL DE HERRERA, S.A.
• RENSSELAER MILLS, INC.
• HAGUE FINANCIAL CORPORATION
• TEXTILE MACINERY INTERNATIONAL, S.A.
• DESARROLLOS INTERAMERICANOS, S.A.
• WORLD SHOES COMPANY LTD.
• ISLAND ASSOCIATES, S.A.
• I. F. & COMMERCE CORPORATION
• DELISU, S.A.
• THE CHARTERED MANAGEMENT COMPANY, S.A.
• ROYCE MANAGEMENT SERVICES, S.A.
• FASOT, S.A.
• INVERSIONES MINESOTA, S.A.
• WINDSOR INTERNACIONAL, S.A.
• FLORENCE DE INVERSIONES, S.A.
• CENTRO MEDICO DEL CARIBE, S.A.
• AROUND EAST INTERTRADE, INC.
• FIRST RECORD COMPANY, S.A.
• COPACEX INTERNACIONAL, S.A.
• COPACI INTERNACIONAL, S.A.
• ANTECON, S.A.
• VALLARTA, S.A.
• TELECOMMUNICATIONS CONSULTANTS, S.A. (TELCSA).
• DAYTONA, S.A.
• ADMINISTRACION TECNICA Y CONSULTORIA, S.A.
• INVERSIONES VALLE RICO, S. A.
• CAMINO REAL DIECIOCHO, S.A.
• CABALLO DORADO, S.A.
• CONCHA SEIS, S.A. -.-
• MONZA S.A
• SILVESTRE, S.A.
• INVERSIONES WALDORF, S.A.
• MARLUMAR, S.A.
• CORPORACION TADEO, S.A.
• NAVIERA DE TRANSPORTE, S.A. -.-
• CORPORACION MARGOS, S.A.