PRESS RELEASE
28 November 2002

Latin Desk Established at Milan Head Office

Studio Legale Sutti (SLS) has established in its head office at via Montenapoleone in Milan a Latin Desk, under the responsibility of Dr. Veruska de Prado. Dr. de Prado is Galician, bilingual in Spanish and Portuguese and admitted in Spain, and has always
Italy

Studio Legale Sutti (SLS) has established in its head office at via Montenapoleone in Milan a Latin Desk, under the responsibility of Dr. Veruska de Prado. Dr. de Prado is Galician, bilingual in Spanish and Portuguese and admitted in Spain, and has always intensely participated to SLS's work for the firm's clients and correspondents in those linguistic areas. The new initiative. which is an absolute first in Italy. is however especially aimed towards Latin America, a market where Studio Legale Sutti is increasingly involved and is currently expanding and reviewing its long-standing best-friends network.

"Italy remains, for historical, commercial and cultural reasons a strategic partner for the Latin-American area", remarks Stefano Sutti, SLS's managing partner, "and has a very definite interest to protect and develop its business there during the current crisis, also taking into account the very opportunities that the current predicament of the region ends up offering with respect to both trading and investments".

A tour of appointments and conferences with entrepreneurs and lawyers in Brasil, Chile, Argentina and Equador is planned for the first months of 2003.

Studio Legale Sutti represents a number of large Latin America corporations in Italy, and with Allende & Brea is currently dealing with the position of Italian holders of Argentinian bonds, and the related negotiations for the restructuring of the Argentinian relevant private debt.

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