0001019155-04-000130 Sample Contracts

AND OWNERS AND HOLDERS OF AMERICAN DEPOSITARY RECEIPTS Deposit Agreement Dated as of ____________, 2004
Deposit Agreement • March 23rd, 2004 • Sare Holding Sa De Cv • New York

DEPOSIT AGREEMENT dated as of ______________, 2004 among SARE HOLDING, S.A. DE C.V., a corporation with variable capital (sociedad anónima de capital variable), incorporated under the laws of the United Mexican States (herein called the Issuer), THE BANK OF NEW YORK, a New York banking corporation (herein called the Depositary), and all Owners and holders from time to time of American Depositary Receipts issued hereunder.

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