0000950133-03-003055 Sample Contracts

2,640,000 Shares W HOLDING COMPANY, INC. UNDERWRITING AGREEMENT
Underwriting Agreement • August 28th, 2003 • W Holding Co Inc • State commercial banks • Puerto Rico

UBS FINANCIAL SERVICES INCORPORATED OF PUERTO RICO Lead Underwriter and Underwriters’ Representative American International Plaza, Penthouse Floor 250 Muñoz Rivera Avenue Hato Rey, Puerto Rico 00918

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