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Published on 8/23/2006 in the Prospect News Emerging Markets Daily.

New Issue: CCM sells Ps. 300 million of 28-day certificados bursatiles at 7.08%

By Reshmi Basu

New York, Aug. 23 - Controladora Comercial Mexicana SA de CV (CCM) sold Ps. 300 million of 28-day certificados bursatiles (/mxA-1+/F1+(mex)) at 99.452444 to yield 7.08% via an auction on Wednesday.

Minimum and maximum bids were 7.08%.

Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for the transaction.

The issue number is 020 in CCM's current certificados bursatiles program.

The issuer, based in Mexico City, is a retail chain.

Issuer:Controladora Comercial Mexicana SA de CV (CCM)
Amount:Ps. 300 million
Issue:Certificados bursatiles
Maturity date:Sept. 21, 2006
Issue price:99.452444
Discount rate:7.04%
Yield:7.08%
Pricing date:Aug. 23
Settlement date:Aug. 24
Auction agent:Scotia Inverlat Casa de Bolsa SA de CV
Ratings:Standard & Poor's: mxA-1+
Fitch: F1+(mex)

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