Letter from Bosch: Bosch confirmed compliance with seizure order
Issued on:November 25, 2008
Issued by:Juan Luis Bosch Gutierrez


Overview
On November 25, 2008, Juan Luis Bosch Gutiérrez, as legal representative of Villamorey, S.A., notified the Eleventh Civil Circuit Court of Panama that the company had executed the seizure ordered in Auto No. 1624-08, dated October 27, 2008. The communication affirms that the board of directors of Villamorey took all necessary actions to comply with the ruling, which directed the seizure of shares and dividends held by Lisa, S.A.
Bosch further confirmed that the dividends corresponding to Lisa, S.A. under the precautionary measure remain available and under the court’s disposition. The letter underscores Villamorey’s compliance with the judicial order and its readiness to cooperate with the court’s instructions.