December 03, 2007
:: ALFA Completes Acquisition of PET Plants

San Pedro Garza Garcia, N.L. Mexico, December 3, 2007. - ALFA, S.A.B. of C.V. (ALFA) the Mexican conglomerate, announced today the closing of the acquisition of two PET plants, one in Mexico and the other in Argentina. Both plants belonged to Eastman Chemicals. The announcement of this transaction was made September 17, 2007.
 
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ALFA is a Mexican company consisting of four business groups: Alpek (petrochemicals), Nemak (high-tech aluminum auto parts), Sigma (refrigerated food), and Alestra (telecommunications). Worldwide, ALFA is one of the leading producers of cylinder heads and blocks, and PTA.  ALFA is the leader of the processed meats market in Mexico. Currently, ALFA has manufacturing operations in 16 countries and employs more than 48,000 people. In 2007, ALFA expects to report sales in the order of U.S. $ 9.5 billion. ALFA shares are quoted on the Mexican Stock Exchange and on Latibex, the market for Latin American stocks in the Madrid Stock Exchange.

For further information:

Enrique Flores
Vice President, Corporate Communications
ALFA, S.A.B. de C.V.
Phone +52-81 8748-1207
eflores@alfa.com.mx