GUADALAJARA, Mexico, May 26 /PRNewswire-FirstCall/ -- Grupo Aeroportuario del Pacifico, S.A. de C.V. (BMV: GAP) ("the Company" or "GAP") announced today the following resolutions adopted at the General Ordinary Shareholders' Meeting held yesterday, May 25, 2006:
1) Approval of the four directors and their corresponding alternates, as
proposed by the Series BB shareholders in accordance with their
rights, as follows:
-- Mr. Eduardo Sanchez Navarro Redo as board member with Mrs. Laura
Diez Barroso Azcarraga as his alternate;
-- Mr. Javier Marin San Andres as board member with Mr. Rodrigo
Marabini Ruiz as his alternate;
-- Mr. Demetrio Ullastres Llorente as board member with Mr. Manuel
Garcia Buey as his alternate; and
-- Mr. Carlos Laviada Ocejo as board member with Mr. Vicente Emilio
Alonso Diego as his alternate.
2) It is noted that Nacional Financiera did not propose to appoint a
member of the Company's Board of Directors since at this date it no
longer participates as a shareholder of the group.
3) It is noted that no Series B shareholder or group of shareholders
holding at least 10% (ten percent) of the corporate equity of the
Company, proposed any candidates to the board of directors.
4) It is noted that no Series B shareholder or group of shareholders
holding at least 10% (ten percent) of the Company's equity have come
forth.
5) The approval that the Company's board of directors shall be integrated
by eleven board members and their alternates that the Series BB
shareholders are entitled to appoint, as of this date and insofar as
this meeting does not decide otherwise.
6) Approval of the appointments of Messrs. Francisco Glennie y Graue,
Francisco Javier Fernandez Carbajal and Jose Manuel Rincon Gallardo
Puron as independent members of the Board of Directors.
Moreover, the approval of the appointment of Messrs. Luis Tellez
Kuenzler, Augusto Sergio Paliza Valdez, Ernesto Vega Velasco and
Enrique Castillo Sanchez Mejorada as independent members of the Board
of Directors.
The board of directors will consist of the following members:
Directors Alternates
Eduardo Sanchez Navarro Redo Laura Diez Barroso Azcarraga
Javier Marin San Andres Rodrigo Marabini Ruiz
Carlos Laviada Ocejo Vicente Emilio Alonso Diego
Demetrio Ullastres Llorente Manuel Garcia Buey
Francisco Glennie y Graue
Francisco Javier Fernandez Carbajal
Jose Manuel Rincon Gallardo Puron
Luiz Tellez Kuenzler
Augusto Sergio Paliza Valdez
Ernesto Vega Velasco
Enrique Castillo Sanchez Mejorarda
It is mentioned that the members of the board of directors meet the
requirements established by the Mexican Stock Exchange Regulations
("Ley del Mercado de Valores") and therefore, may be considered as
independent members of the Board of Directors for all legal purposes.
7) Approval of the resolutions imposed by the Nominations and
Compensations Committee for the members of the Board of Directors to
guarantee the performance of their duties.
8) Approval of Mr. Mario Roberto Martinez Guerrero as Secretary of GAP's
board of directors and Mr. Jose Alejandro Casas Gonzalez, corporate
officer in charge of overseeing the board of directors appointed as
per the proposal of the Series BB shareholders.
9) Approval of Mr. Francisco Glennie y Graue as a member of the Board of
Directors appointed by the Series B shareholders to become a part of
the Company's Nominations and Compensations Committee.
10) Approval of the substitution of the alternate member for Mr. Francisco
Glennie y Graue in the Nominations and Compensations Committee, which
was previously held by Mr. Carlos Laviada Ocejo, and will now he held
by Mrs. Laura Diez Barroso Azcarraga.
11) Approval of the proposal of the Nominations and Compensations
Committee that the compensation of the members of the Board of
Directors that are not appointed by the Series BB shareholders shall
continue being those that were approved at the Shareholder Meeting
held February 7, 2006.
The members of the Board of Directors of the Series BB shares have
waived their receipt of any compensation.
12) The proposal of the Company's Nominations and Compensations Committee
regarding the compensation of the members of the Board of Directors
that are not appointed by Series BB shareholders who participate in
the Audit, Operating, Acquisitions and Agreements, and Nominations and
Compensations Committees, is approved.
13) The designation of Carlos del Rio Carcano, Rodrigo Guzman Perera,
Mario Roberto Martinez Guerrero and Sergio Enrique Flores Ochoa as
delegates in order that each of them is authorized, as necessary, to
appear before any notary public to register the resolutions adopted at
this shareholders' meeting; to make any publications necessary to
comply with the resolutions adopted at this shareholders' meeting and
with applicable laws and regulations; to present any required
information to the Comision Nacional Bancaria y de Valores, the Bolsa
Mexicana de Valores, S.A. de C.V., INDEVAL or any other entity or
institution; and to take any other actions that they consider
necessary to give effect in their entirety to the resolutions adopted
at this shareholders' meeting.
Description of the Company:
Grupo Aeroportuario del Pacifico, S.A. de C.V. (GAP) operates twelve airports throughout the Mexican Pacific region, including the main cities such as Guadalajara and Tijuana, four tourist destinations in Puerto Vallarta, Los Cabos, La Paz and Manzanillo, in addition to six other medium-size cities such as Hermosillo, Bajio, Morelia, Aguascalientes, Mexicali and Los Mochis. On February 2006, the shares of GAP were listed in the New York Securities Exchange under the symbol "PAC" and in the Mexican Stock Exchange under the symbol "GAP".
This press communication may contain estimates within its statements. These statements are non-historical facts and are based upon the current views of the administration of GAP on future economic circumstances, industry conditions, performance of the company and its financial results. The words "anticipates," "believes," "estimates," "expects," "plans" and such other similar expressions in connection with the Company are intended to identify estimates or expectations. Statements regarding the statement or payment of dividends, the implementation of the main operation and financial strategies and capital investment plans, the course of future operations and the factors or streams that affect the financial condition, cash flow for prompt payment or the results of operations are examples of the stated estimations. Such statements show the current views of management and are subject to several risks and possible future events. There is no guarantee that the expected events, streams or results will actually occur. The statements are based upon several assumptions and factors, including the general economic and market conditions, industry conditions and operational factors. Any change in such assumptions or factors may cause actual results to be materially different from current expectations.
For more information, please visit http://www.aeropuertosgap.com.mx/ or contact:
In Mexico
Rodrigo Guzman, Chief Financial Officer
Miguel Aliaga, Investor Relations Officer
Grupo Aeroportuario del Pacifico, S.A. de C.V.
Tel: +011-52-33-3880-1100, ext. 212 / ext. 241
