~~Controladora~~CONTROLADORA ~~Comercial~~COMERCIAL ~~Mexicana~~MEXICANA, S.A. deDE C.V. ~~(“CCM”),~~ANNOUNCES ~~launched~~CONSUMMATION aOF ~~tender~~OFFERING ~~offer~~OF ofU.S. ~~the~~$200 ~~following~~MILLION ~~medium~~AGGREGATE ~~and~~PRINCIPAL ~~long~~AMOUNT ~~term~~OF ~~debentures~~6.625% ~~(“Obligaciones~~SENIOR deNOTES ~~Mediano~~DUE y2015 ~~Largo~~Mexico ~~Plazo”)~~City, June 1, 2005- Controladora Comercial Mexicana. (“CCM” or the “~~Notes~~Company”); NYSE:MCM; ~~Issuer~~BMV:COMERCI) ~~Controladora~~today ~~Comercial~~announced ~~Mexicana,~~that it consummated its offering of U.S.A$200 million aggregate principal amount of 6.625% deSenior CNotes due 2015.V. ~~Ticker~~CCM ~~symbol:~~plans ~~COMERCI~~to ~~00U~~use ~~Term:~~the 10net ~~years~~proceeds ~~Issued~~from ~~on:~~this ~~December~~note 8offering to fund its tender for any or all of Ps.619.2 million, ~~2000~~or ~~Par~~approximately ~~value~~U.S.$56.6 million as of ~~each~~May ~~note:~~27, ~~100~~2005, ~~Unidades~~aggregate deprincipal ~~Inversión~~amount ~~(“UDIS”)~~of ~~Casa~~8.00% deUDI-denominated ~~Bolsa~~debentures ~~Credit~~due ~~Suisse~~2010; ~~First~~the ~~Boston~~redemption ~~(Mexico)~~of U.S.$100.0 million aggregate principal amount of Senior Unsecured Notes due 2010, consisting of U.S.$98.0 million aggregate principal amount Series A Notes at a fixed interest rate of 6.10% deand CU.VS.,$2.0 ~~Grupo~~million ~~Financiero~~at ~~Credit~~aggregate ~~Suisse~~principal ~~First~~amount ~~Boston~~Series ~~(Mexico)~~B Notes a fixed interest rate of 6.70%, including a “make-whole” payment equal to approximately U.S.A$5.2 demillion; Cand the prepayment of Ps.V400.0 million, isor ~~acting~~approximately U.S.$35.8 million as ~~agent~~of March 31, 2005, of ~~the~~outstanding ~~tender~~borrowings ~~offer~~under its bank credit facility. As of yesterday, approximately Ps.529.7 million (~~“CSFB”)~~equivalent to approximately U.S.$48.4 million) aggregate principal amount of CCM’s ~~determined~~8.00% aUDI-denominated ~~minimum~~debentures ~~price~~had ~~for~~been ~~the~~tendered. ~~acquisition~~The oftender offer for the 8.00% UDI-denominated Notes due 2010 expires at 11:00 pm, ~~equal~~Mexico toCity ~~117.2890~~time, ~~UDIs~~on Thursday, ~~which~~June ~~was~~2, ~~determined~~2005. ~~taking~~With ~~into~~this ~~consideration~~transaction, CCM will extend the ~~prevailing~~average ~~market~~life ~~conditions~~of its debt portfolio by more than six years. OnThe ~~May~~6.625% ~~25,~~Senior ~~2005,~~Notes ~~the~~due ~~note~~2015 ~~holders~~have ~~were~~not ~~entitled~~been toregistered ~~determine~~under the ~~price~~Securities ~~they~~Act ~~were~~of ~~willing~~1933 toand ~~accept~~may not be offered or sold in ~~order~~the ~~for~~United ~~them~~States toabsent ~~tender~~registration ~~their~~or ~~notes~~an applicable exemption from registration requirements. ~~CCM~~This ~~has~~news ~~determined~~release does not set forth all the ~~final~~terms and conditions of the tender offer ~~price~~for ~~per~~the ~~Note~~8.00% UDI-denominated Notes, aswhich ~~follows:~~was ~~Tender~~made only pursuant to a Public Offer ~~Price:~~to ~~114~~Purchase, dated May 17, 2005.~~0596~~ ~~UDIs~~CCM ~~(does~~operates ~~not~~one ~~include~~of ~~interests)~~the ~~Tender~~largest ~~Offer~~retail ~~Price:~~companies ~~117~~in Mexico as well as a chain of family-style restaurants under the name Restaurantes California.~~8374~~ ~~UDIs~~Retail ~~(including~~operations ~~interests)~~include ~~Tender~~a ~~Offer~~50% ~~Price~~interest in ~~Mexican~~a ~~Pesos:~~joint ~~$422.0161~~venture with Costco Wholesale Corporation, or “Costco”, which operates a chain of warehouse clubs in Mexico (~~including~~“Costco ~~interests~~de México”). ~~Yield:~~CCM ~~4.743%~~stores ~~CSFB~~sell ~~has~~a ~~received~~wide ~~offers~~variety toof ~~tender~~food ~~for~~items, 1including basic groceries and perishables,~~479,186~~ ~~Notes~~as well as non-food items, ~~which~~including ~~represent~~general 85merchandise and clothing.55 Food items represented 68.9% of ~~the~~net sales in 2004. As of March 31, 2005, CCM had 180 stores operating under five retailing store formats, with a total ~~outstanding~~selling ~~Notes~~area of approximately 13.5 ~~Every~~million ~~note~~square ~~holder~~feet. ~~will~~CCM bestores ~~entitled~~are toconcentrated ~~tender~~primarily ~~its~~in ~~notes~~the atMexico City metropolitan area and in the ~~final~~central ~~tender~~Mexico ~~offer~~region, ~~price~~including Guadalajara, or the Central Region. ~~For~~This ~~more~~press ~~information~~release contains forward-looking statements regarding the ~~tender~~Company’s ~~offer,~~results ~~please~~and ~~contact~~prospects. ~~CCM:~~Actual ~~Javier~~results ~~Miranda~~could ~~+52~~differ ~~(55)~~materially ~~5270~~from these statements. The forward-~~9313~~looking ~~CSFB:~~statements Inin ~~México~~this press release should be read in conjunction with the factors described in “Item 3. Key Information - Forward-Looking Statements” in the Company’s Annual Report on Form 20-F, ~~Andrés~~which, ~~Borrego:~~among ~~+52~~others, ~~(55)~~could ~~5283~~cause actual results to differ materially from those contained in forward-~~8996~~looking Instatements made in this press release and in oral statements made by authorized officers of the USCompany. Readers are cautioned not to place undue reliance on these forward-looking statements, ~~Felipe~~which ~~García:~~speak ~~(212)~~only ~~325~~as of their dates. The Company undertakes no obligation to publicly update or revise any forward-~~3209~~looking statements, whether as a result of new information, future events or otherwise. Contacts: Investor Relations

Filing Compare · Controladora Comercial Mexicana, S.A.B. de C.V.