JULIO I. ALEMAN

Director

• TODANO, S.A.
• IANER INC.
• LISLE INC.
• ROANCO, S. A.
• ZIRIANES CORP.
• LAJARA, S.A.
• TORLACO, S.A.
• PATROSA, S. A.
• ROSTACA, S. A.
• COTISERA, S. A .
• MORTARA, S. A.
• KEOTA, S.A.
• VONARA, S.A.
• RIONDA, S.A.
• FRONTIER INC.,
• PROXIMA, S.A.
• GLEASON HOLDINGS INC.
• INVERSIONES CACHITA INC.
• WAYLAND S. A.
• CINABAR, S. A.
• LENGFELD, S.A.
• C A L E R O, S.A.
• MANTORA, S. A.
• OLEANA, S.A.
• PAMINO, S.A.
• ERAKINA, S. A.
• LORADO, S.A.
• CRAGUER INVESTMENT, S.A.
• PONTORMO, S. A.
• ALTAIRIS ENTERPRISES S. A.
• SOFREXPORT ENGINEERING INC.
• ISTHMIAN CAN CORPORATION
• INTERMERGE-INTERNATIONAL MERGERS AND ACQUISITIONS CORP.
• CORDURA, S.A.
• BRUNXINVEST INTERNATIONAL CORPORATION
• INDUSTRIAL OIL CORPORATION, S.A. (INOCO)
• INVERSIONES SAFLO, S.A.
• DELMARVA, S.A.
• PANTIGO, S.A.
• INPETRO, S.A.
• PONTASCO, S.A.
• MIDGARD, S.A.
• O T I C O, S. A.
• TUCORA, S.A.
• TAMACO, S.A.
• IRWING SECURITIES INCORPORATED.
• GOUDARA, S.A.
• CANVILLE, S.A.
• ITARBRAM S.A.
• MANOA S . A.
• SULACO S.A.
• PANAMESE INTERNATIONAL OIL CORPORATION
• WINONO, S.A.
• TEXPETRO, S.A.
• DIPETCO, S.A.
• YAMUNA CORP.
• BATIFUND, S.A.
• POLANDINA CORP.
• ASTRABALE, S.A.
• DELAGO, S.A.
• BIONEX, S.A.
• K. GAIDA, S.A.
• POLANDIA CORP.
• COMPANIA DE FINANCIAMIENTO AZUL Y BLANCO, S.A. (CONFINAB)
• INVERSIONES DEL PRADO S.A.
• FIRST LIBERIA INVESTMENTS CORPORATION
• JERICHO PLAZA CORP., S.A.
• O Z E R O, S.A.
• ASTORIAL HOLDING CORP.
• MATAMA AMERICANA, S.A.
• SAKONET, S.A.
• NORTHERN WEST INVESTMENT INCORPORATED
• FURANCH INVESTMENTS INC.
• DULAC, S.A.
• WIGAN INVESTMENTS INC.
• GINALDA INVESTMENT S.A.
• TICONDEROGA, S.A.
• GUADARRAMA INC.
• ALTAGRACIA INVESTMENT, INC.
• SOLAR INDUSTRIES INC.
• M. R. Z. L. CORPORATION.
• OSCEOLA, S.A.
• DAVIDOFF INC.
• INVERSIONES PIEDRAS, S.A.
• COMPANIA FRANCO-PANAMENA DE DRAGADOS E INGENIERIA, SOCIEDAD ANONIMA.
• DE VIRE, S. A.
• MONTREAL PANAMA, S.A.
• CARETI INC.
• MANUTELA, S.A.
• PANCENTRAL EXPORTS INC.
• CANEDONI, INC.
• FRANERA, S.A.
• COMPANIA SCOPAS, S.A.
• INVERSIONES SINALOA, S.A.
• AMECA INVESTMENT COMPANY INC.
• TRANSGLOBAL MARITIME CORPORATION
• ORUTA, S.A.
• COMPANIA BALTA, S.A.
• NOGUERA, S.A.
• ARIKAYA S.A.
• PANTEGERA, S.A.
• PUNTA DEL RIO, S.A.
• NAFORA, S.A.
• INVERSIONES MONTOYA, S.A.
• TORREGA S.A.
• INVERSIONES KIRUNA, S.A.
• PALLADIUM ENTERPRISES COMPANY, INC.
• GARRIBA, S.A.
• OTIZA, S.A.
• COSINE, S.A.
• FRAMERA, S.A.
• COMPANIA ASORA, S.A.
• COMPANIA RADNOR, S.A.
• INVERSIONES PACIFICO SOL, S.A.
• INVERSIONES ARAGUA CORP.
• THOUSAND ISLANDS REALTY CORPORATION.
• INVERSIONES ONTANO, S.A.
• INVERSIONES ORMOCA, S.A.
• ELOT OIL TRADING CORPORATION
• BELNORD S A
• INVERSIONES MAGDA S A
• COMPANIA GORDLEY, S.A.
• TAPACHULA, S.A.
• LUROJE, S A
• COMPANIA MISTRAL S A
• COMPANIA SHERPA S A
• COMPANIA KONA S.A.
• INVERSIONES COMBRAY S.A.
• PERGOLA S.A.
• INVERSIONES COROT, S.A.
• CASTIGLIONE, S.A.
• INVERSIONES CATERA, S.A.
• INVERSIONES TILDEN, S.A.
• MARGAUX, S.A.
• JALAPARA, S.A. -.-
• COLLINGHAM, S.A.
• INVERSIONES KAYAM, S.A.
• PURKAN INVESTMENTS CORP., LTD.
• ROITILIA INVESTMENTS CORP., LTD.
• COMPANIA INTERNACIONAL DE ASUNTOS INDUSTRIALES, S.A.
• REMARK LIMITED, INC.
• RICHMOND COMMERCIAL CORP.
• CLEARFOUNTAIN CORPORATION.
• ONEONTA, S.A.
• LES HAUDERES CONSULTANT AND INVESTING INC.
• EASTERN CONSOLIDATED, S.A.
• FAIRFIELD CORPORATION.
• INTER METALS AND MINERALS, S.A.
• DUNMORE, S.A.
• BOSART LIMITED, S.A.
• BONLAC LIMITED, S.A.
• PACIFIC MARINE ENGINEERING AND CONSTRUCTION INCORPORATED
• QUALITY TRADING INC.
• MACHINE AND STEEL BROKERS INC.
• OTSEGO, S.A.
• VIGRAN FINANCING CORP.
• PROMOCIONES MEZQUITILLA, S.A.
• OMIKRON ENTERPRISES, S.A.
• BIARRITZ, S.A.
• GERMAN FINANCE AND TRADE, INC.
• TRANS- WORLD HOLDING COMPANY, INC.
• CONSTRUCCIONES RANCHO VERDE, S.A.
• SUNLAND DEVELOPMENT, S.A.
• ZEPHYR ESTATE CORP., S.A.
• A. AND P. INVESTMENTS, S.A.
• INLOSE, S.A.
• ESPECIALIDEDES MARITIMAS INTERCONTINENTALES, S.A. (ESMAR, S.A.)
• CAYUGA, S.A.
• ZILU MANUFACTURING CORPORATION
• CRANBROOK, S.A.
• KOYRINO TRADING, INC.
• LAKIDA, S.A.
• PHAROH LEASING COMPANY INC.
• PATPAN, INC.
• WANG DE PANAMA, S. A.
• VISTA PALACE INVESTMENTS, CORP.
• CESAMAR INDUSTRIES, INC.
• ESTUDIOS Y FINANCIAMIENTOS INDUSTRIALES, S.A.
• ATLANTIC SHIPPING COMPANY, S.A.
• ATLANTIC LINES AND NAVIGATION COMPANY, INC.
• THAD ENTERPRISES, INC.
• EDWARD COMPANY LIMITED, S.A.
• IMPORTADORA Y EXPORTADORA BUDI S.A.
• GALDOS CORP., S.A.
• SPECTRUM, S.A.
• SERVIJURIS, S.A.
• CUATRO OCEANOS, S.A.
• L.A. ENTERPRISES, INC.
• MADISON TRUSREG MADT CORP., PANAMA
• N. R. T. FILMS AND PRODUCTIONS, INC.
• ELLIMED, S.A.
• B.O.B., INC.
• MAREX TRADING, S.A.
• GIOCONDA CORPORATION
• XIOMARA FINANCING, INC.
• LORENIA HOLDING CORP.
• INVERSIONES HEMAR, S.A.
• LLORET Y LOPEZ, S.A.
• INTRAVIA, S.A.
• EOLIDES CORP., S.A.
• TRIANDRA, S.A.
• FIRENA, S.A.
• LE FAUBOURG, INC.
• ANNONCIATA, INC.
• SIDEPAC, S.A.
• FINANCIERA CONO SUR, S.A.
• AZPEITA CORP., S.A.
• SEJAPOR INC.
• WELLSVILLE HOLDING, INC.
• GUEMAR, INC.
• TOBIS, INC.
• RESORT PHOTO SERVICES, INC.
• TRANS-AM PHOTOS, INC.
• JEANMARY, S.A.
• WESTFUND, INC.
• AEROLINEAS CORDOBA, S.A.
• COGESUL COMPANHIA GERAL SULATLANTICA, S.A.
• CENTRO AMERICA HOLDING COMPANY, S.A.
• AGENCIA DE REPRESENTACIONES COMERCIALES ANDINAS (ARCA) S.A.
• HOWELL HOUSE, S.A.
• BONHAM, INC.
• CINEMA BROADCSTING SYSTEM, INC.
• PASUCARA, S.A.
• FINANCE & GESTION LIMITED, INC.
• LARIX INVESTMENT, INC.
• GOLDEN FLEECE CORPORATION.
• SIERRA NEVADA TRADING CORPORATION.
• FLORIM, S.A.
• GALANTHIS, INC.
• SESTOS CORP S.A.
• EQUIPOS Y PRODUCTOS QUIMICOS DE PANAMA,S.A.
• TAJANI CORPORATION
• ARMPER, S.A.
• KARLIN CORPORATION
• SILVERPACHA CORPORATION
• NYON TECHNICAL AND COMMERCIAL, INC.
• WARDBAR, S.A.
• SAMCO, INC.
• WARI FINANCIAL, CORP.
• GATSUY FINANCIAL, CORP.
• KENT INVESTMENT, CORP.
• YOKEDAN FINANCIAL, CORP.
• KANATA INVESTMENT, CORP.
• JACQUIN INVESTMENTS, CORP.
• INTERSICURA, S.A.
• EPAMINONDAS, S.A.
• BIVIO CORPORATION
• FINANCIAL AND ENGINEERING CORP., S.A.
• QUIMISTAN INVESTMENT CORPORATION
• DIFFUSION PRESTIGE INTERNATIONAL, (D.P.I.) S.A.
• MONTE CARLO GRAND PRIX, S.A.
• GRABAR, S.A.
• KARMEX, S.A.
• COSTA INTERNATIONAL, S.A.
• DAYFULLMOON, S.A.
• SKYLIM, S.A.
• GOUMIR, S.A.
• MAISON NOIR CORP.
• VENOSIA HOLDING, CORP.
• HERISAU SHIPPING COMPANY, S.A.
• TURANO COPORATION.
• DELNOR, S.A.
• GREEN STAR INVESTMENT, S.A.
• INTERNATIONAL GRAIN HANDLERS, S.A.
• STAR DIAMOND INVESTMENT COMPANY, S.A.
• MODCOM, INC.
• MARBROK, S.A.
• MACROTECH, INC.
• LAVENA TRUST CORPORATION.
• NANKE INTERNATIONAL CORPORATION.
• PANSIDCO, S.A.
• SAINT TROPEZ COMMERCIAL BUSINESS, INC.
• LES HALLES FINANCE, INC.
• INVERSIONES OMAR, INC.
• SMITH METAL CORPORATION.
• REALTA, S.A.
• IRIDIS CORPORATION
• INVERSIONES CALMER, S.A.
• KHIENE, S.A.
• APPLY MARKETING, INC.
• MIRA INC.
• IBERTROVER CORPORATION.
• ASTELERIA, S.A.
• PAULFILM, S.A.
• LA GYPSERA, S.A.
• BISIM CORPORATION
• ASCOT LTD., INC.
• ROCVAL, S.A.
• SUCCI INTERNATIONAL, INC.
• HARE BAY FINANCE CORP.
• MADRANO, S.A.
• BALCK WELTHANDEL, S.A.
• JIMHOF INCORPORATED
• INLAND, INC.
• ZEPPELIN INVESTMENT INC.
• BOSFORO, S.A.
• KONGA CORPORATION
• FQ 74 S.A.
• PHYTHAGORAS CORPORATION
• AUMONIA FINANCING CORPORATION, S.A.
• SUGAR TRADING COMPANY, INC.
• TRIAD-DOULTON, S.A.
• JEREMY PUDDING BALLINGTON, S.A.
• AMEN ENTERPRISES, INC.
• MIWAGU TRADING CORP.
• CAALWI INVESTORS INC.
• LATIN AMERICAN COMMODITIES, INC., (LATAMCO)
• DELTA CONSTRUCTION INTERNATIONAL CORP.
• SHEVERLY INVESTMENTS, INC.
• PANAMA LUX CORPORATION, INC.
• ARAZAD, S.A.
• COMERCIAL HERALDO, S.A.
• CONSTEC, S.A.
• LEWAAN-OKUME CORP.
• CADRO, S.A.
• THE NETHERLAND FINANCE CORPORATION
• AUZON, S.A.
• DARAKA, S.A.
• FRUTOS, INC.
• CLECY, S.A.
• FINANCIERA POFRA, INC.
• INVERSIONES MUNDO VASTO, S.A.
• FINANCIERA ZEUS S.A.
• INTERAMERICAN REAL ESTATE AND FINANCING CORPORATION
• FINAMAR, S.A.
• LLANOS, S.A.
• VALTELLINA FINANCE CORPORATION, S.A.
• R. C. I. INVESTMENT CORP.
• AVIATION PERSONEL SUPPORT INTERNATIONAL TRADING CORPORATION
• PAGAMA, S.A.
• TWIN SEAS INVESTMENTS, INC.
• KENDRA, S.A.
• LA PINETA S.A.
• ALEXANDER SRL INC
• TIOGA, S.A.
• MACAJAH SERVICES S.A.
• APACHE TIETE S.A.
• PALORA,S.A.
• TORDINO, S.A.
• CEREDO, S.A.
• DELVIRA, S. A.
• TADECO, S. A.
• REGENCY INVESTMENTS, S.A.
• ECONOMIC DEVELOPMENT CORP.
• SODEATON, INTERNATIONAL TRADING CORPORATION
• ROYAL OCEAN CO.,INC.
• FELTON SOCIEDAD ANONIMA
• STARESA S.A.
• DONORA, S.A.
• FAIR CHANCE CORPORATION.
• VIVANCO S.A.
• LANDMARK INVESTMENTS, S.A.
• RIERA, S. A.
• P. & J. INC
• JOLIETTE MARITIME S.A.
• HOLMAR HOLDING CORPORATION.
• KAMERY INC.

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• ADMINISTRADORA VERAGUAS, S.A.

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