Dear Owner

We hereby inform you of the most important resolutions taken at our assembly of January 25th of the present year.

1.- Approval of the Surveillance Committee report by 95.43% of present and represented owners , which revises and gives its opinion on the following points:

Formal and informal evaluations of the Administrative Committee.
Good results on the financial aspects, relationships among owners and rental pools, relationship with union and employees, etc.
Solutions of legal matters

2.- Approval of the External Auditors report by 96.80% of present and represented owners , which includes the following items:

3.- Approval of the report of the Administrative Committee by 97.18% of present and represented owners, which includes:

Report of the advanced special projects of maintenance.
Actual situation of the assets and liabilities approved to be settled, payments made and pending, account status, status of the lawsuit of Otis Elevators against the Condominium.
Actual financial situation, expenses against budget, deficit of 3.01% for the period of January-December 2008.
Actual situation of the real collection against the one budgeted, deficit of 6.58% for the period of January-December 2008.
List of the preventive and corrective maintenance jobs undertaken from January until December 2008.
Additional services that are offered to our proprietors: VIP Salon at the reception, cleaning of rooms prior to arrival, valet parking, parking lot rent, manpower for maintenance jobs, etc.
Negotiation of the conditions for the collective work contract for 2008, which includes a 5.97% increase on direct salaries and 0% increase on benefits.

4.- Annual Budget of expenses for 2009, for which an increase of 9.81% was approved applicable to the maintenance fees, reserve fund, fees for daily use, parking, telephone and in general to all the services provided by the Condominium.

5.- Election of the Surveillance Committee formed by Miguel Torres Bejar, Samuel Kosberg, Stella Leff, fçFrancisco Mondragon and Uriel Juarez.

6.- Ratification of the actual Administrative Committee formed by Lucio Pernatozzi D’ambrosio, Alberto Malda Lopez de Nava and Victor Manuel Ortiz Dajda.

If you wish for further information, please contact us at 01 7444 435 03 00 or by e-mail comiteadministrativo@lastorresgemelas.org , remember that all the information, in detail, related to our condominium can be found on our website www.lastorresgemelas.org.