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April 8, 2008 |
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VITRO SAB: To Hold General Shareholders Meeting on April 17 Vitro S.A.B. de C.V.'s Board of Directors will hold an Ordinary General Shareholders Meeting that will take place at the auditorium located at Avenida Roble 660, Valle del Campestre in San Pedro Garza Garcia, Nuevo Leon at 11:00 hours on the April 17, 2008. The agenda of the meeting include: 1. Reading and, if applicable, approval of the Annual Reports of the activities performed by the Audit Committee, the Corporate Practices Committee and the Finance and Planning Committee; as well as of the Board of Directors' report about its operations and activities during the year ended on Dec. 31, 2007, in accordance with the Ley del Mercado de Valores (Mexican Securities Law). 2. After reading the External Auditor Report, the Board of Directors opinion concerning the Chief Executive Report, as well as the Board of Directors report pursuant to article 172 paragraph b) of the Ley General de Sociedades Mercantiles (General Law of Mercantile Corporations), regarding the main policies and accountable criteria followed in the drafting of the financial information, discussion and if applicable, approval of the Chief Executive Officer Report rendered for the year ended on Dec. 31, 2007. 3. Reading of the report concerning the fulfillment of the Company tax obligations pursuant to the applicable laws. 4. Consideration and resolution of a project to apply the balance of the profit and loss statement, including the proposal to approve and paid a cash dividend, in Mexican currency, by the amount of US$0.40 pesos per share. 5. Ratification and/or appointment of the members of the Board of Directors, including the appointment of its Chairman and Secretary, qualification of independence of the corresponding Directors pursuant to the Ley del Mercado de Valores (Mexican Securities Law) and resolution about the compensation of the members of the Board and of the Secretary. 6. Ratification and/or appointment of the Presidents of the Audit Committee and Corporate Practices Committee. 7. Appointment of special delegates to carry out the necessary acts and procedures to duly formalize the adopted resolutions. The shareholders are reminded that, to attend and participate in the meeting, they must be registered in the Shares Registry of the Company and must show their Mexican Tax Payer Id Number pursuant to article 27 of the Codigo Fiscal de la Federacion (Mexican Federal Tax Code) or, show their right to attend to the meeting through a certificate issued by the S.D. Indeval Instituto para el Deposito de Valores, S.A. de C.V. supplemented by the shareholders list issued by the depositors of thatinstitute, pursuant to the Ley del Mercado de Valores. The shareholders must also obtain from the Secretary of the Board the pertaining certificate in order to be able to attend the Shareholders Meeting, at least forty eight hours prior to the date of the meeting. For share transmission purposes the Shares Registry of the Company shall be closed from the April 15, 2008 up until the closing of the meeting. Headquartered in Monterrey , Mexico , Vitro, S.A.B. de C.V. (BMV:VITROA; NYSE: VTO), through its two subsidiaries, Vitro Envases Norteamerica, SA de C.V. and Vimexico, S.A. de C.V., is a leading global glass producer, serving the construction and automotive glass markets and glass containers needs of the food, beverage, wine, liquor, cosmetics and pharmaceutical industries. * * * Vitro, SAB de CV continues to carry Moody's global foreign currency rating of B2 on the company's proposed US$750 million senior unsecured guaranteed notes due 2012 and 2017, assigned on Jan. 18, 2007. As well as Fitch's long-term issuer default rating of B, which was upgraded in Jan. 30, 2007 with a stable outlook. |
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