On Monday, June 1, was formed the AFINSA CONVENTION COMMITTEE, with the presence of representatives of various associations of customers and the debtor.
The objective of this committee is to support the Agreement that the Company filed in November 2006, the only declared admissible by the judge on today, launching all actions necessary to disclose the contents, so that all creditors to meet its terms and understand them to finally decide whether it is the best option we have to recover their investments.
To achieve this ultimate goal, each Afinsa customers should accede to the Convention individually, voting in favor of it, before July 31, 2009 as the date recommended. August 28 is the deadline and ordered by the Court n º 6 de lo Mercantil de Madrid, which is handling the contest.
With the implementation of this committee is to reach all customers to explain what the Convention AFINSA and how they can adhere to it, always looking at four basic premises: accession shall be carried out by writing, individually, for the record expresses to know the contents of the Convention to which they adhere and indicating the value of their claims.
For these purposes, and to meet the criteria of the competent court, it is important to note that as required by the judge, Platforms, associations and law firms, have no representative to exercise the voting delegate with the powers granted so far as the vote is personal and not transferable or by delegation, and should be completed by a particular operating procedure for which the COMMISSION will be detailed in subsequent briefings.
Friday, June 5, 2008 Convention Committee Afinsa
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