Alto Palermo S.A.

Alto Palermo S.A. is listed on NASDAQ (APSA). We were organized and incorporated on August 29, 1889 under Argentine law as a stock corporation (Sociedad Annima or S.A.). Our shares are listed and traded on the Buenos Aires Stock Market (Bolsa de Comercio de Buenos Aires) and our American Depositary Shares on the NASDAQ. Our headquarters and principal executive offices are located at Moreno 877, 22nd Floor, (C1091AAQ), Buenos Aires, Argentina. Alto Palermo S.A., through its subsidiaries, engages in the acquisition, development, and operation of shopping center properties in Argentina. As of June 30, 2005, it owned and operated a portfolio of nine shopping centers in Argentina. These comprise Abasto Shopping, Paseo Alcorta, Alto Palermo Shopping, Patio Bullrich, and Buenos Aires Design centers in the city of Buenos Aires; and Alto Avellaneda in the greater Buenos Aires area, as well as Alto Noa in the city of Salta, Alto Rosario in the city of Rosario, and Mendoza Plaza in the city of Mendoza. The company also involves in the construction and sale of residential building properties, as well as in the provision of managerial, technological, commercial, and financial training. In addition, Alto Palermo provides credit card and e-commerce services.

Altria Group

Altria Group is listed on NYSE (MO). Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes and other tobacco products worldwide. It sells its tobacco products principally to wholesalers; retail organizations, including chain stores; and the armed services. The company also engages in the manufacture and sale of packaged foods and beverages. Its food products comprise snacks, beverages, cheese and dairy, grocery, and convenient meals. The company sells food products to supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, and other retail food outlets. In addition, Altria Group provides finance leasing services. The company was founded in 1919 and is based in New York City. ALG's wholly-owned subsidiaries, Philip Morris USA Inc. (PM USA) and Philip Morris International Inc. (PMI) are engaged in the manufacture and sale of cigarettes and tobacco products. ALG's majority owned (85.4% ownership with approximately 98% voting power) subsidiary Kraft Foods Inc. (Kraft) is engaged in the manufacture and sale of branded foods and beverages. Philip Morris Capital Corporation (PMCC), another wholly-owned subsidiary, maintains a portfolio of leveraged and direct finance leases.