2001 business transactions

Lladró

The Valencian group Lladró has acquired a shareholding in the capital of
Carrera y Carrera, S.A., a company specialised in the design, manufacture
and marketing of jewellery and luxury watches.

The role of Riva y García:
Financial advisor to Lladró

Amount of the transaction
15 million euros

Logic Control

A group of Investment Funds, led by BS Electra and 21 Invest,
has acquired Logic Control, a leading company in Spain in the development and
marketing of business software for SMEs and the provision
of related services

The role of Riva y García:
Financial advisor to the sellers

Amount of the transaction
70 million Euros

Natra

The Valencian group Natra increases capital in order to finance its investment
projects. Natra is an industrial group with more than 50 years of
history specialised in the production and marketing of
cocoa derivatives and natural tropical
vegetable extracts

The role of Riva y García:
Management company and agent for the increase in capital

Amount of the transaction
12 million Euros

FILO

ING has acquired the property company FILO, quoted on the continuous market
, through a takeover bid launched on 2 November 2001. FILO
specialises in the design, development and management of Shopping Centres.

The role of Riva y García:
Financial Advisor to Lagun Aro and PKA, two of the main shareholders
in FILO

Amount of the transaction
270 million Euros