Grupo DESC Spin-off

On March 29, 2007, DESC, S.A.B. DE C.V. announced the conclusion of the spin-off of the real estate businesses creating a new entity named DINE, S.A.B. de C.V. (“DINE”). Also, as of that date, DESC´s company name changed to GRUPO KUO, S.A.B. de C.V. (“KUO”), which operates the industrial and commercial businesses.

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