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TELEFONOS DE MEXICO, S.A. DE C.V.
January 23, 2000
Grupo Sanborns, S.A. de C.V.
Xxxxxxx Xxx Xxxxxxxx 000
Xxxxxxx Xxxx Pobre
Tlalpan, Mexico, D.F. CP 14060
Ladies and Gentlemen:
We refer to the Merger Agreement, dated as of January 23, 2000 (the
"Merger Agreement"), among Grupo Sanborns, S.A. de C.V. ("Grupo Sanborns"), TPC
Acquisition Corp. and CompUSA, Inc. ("CompUSA"), providing for the acquisition
of all of the outstanding shares of CompUSA common stock ("Shares") through a
tender offer and merger.
The purpose of this letter is to confirm our commitment to you, as well
as our desire and intention, to make (directly or through one of our
affiliates), at your request, a capital contribution of up to US$ 520 million to
the share capital of TPC for the purpose of facilitating the purchase of Shares
pursuant to the Merger Agreement.
You have our consent to provide a copy of this letter to CompUSA.
Very truly yours,
TELEFONOS DE MEXICO, S.A. DE C.V.
By: /s/ Xxxxxx Xxxxxxxxx Xxxxxxx
----------------------------------
Name: Xxxxxx Xxxxxxxxx Xxxxxxx
Title: Attorney-in-fact
Agreed and Accepted by:
GRUPO SANBORNS, S.A. DE C.V.
By: /s/ Xxxxx Xxxxxxxx Xxxxxxxxx
-----------------------------
Name:Xxxxx Xxxxxxxx Xxxxxxxxx
Title: Attorney-in-fact
cc: CompUSA, Inc.
00000 X. Xxxxxx Xxxx.
Xxxxxx, XX 00000
