Indara SI SA D&B Report

Page 1 of 15
================================ Important ===================================
All the figures declared in the present report are in $ (Argentinian Peso)
legal tender in Republica Argentina, unless otherwise indicated.
Since January 2002, with the finalization of the Convertibility Plan, the
floating exchange rate was established. As a sample of this, the fluctuation
of the local currency regarding the US Dollar during the last 5 years is
detailed below:
---------------------------------------------------------
DOLLAR QUOTATION
---------------------------------------------------------
Date Quotation
---------------------------------------------------------
Dec/2004 U$S 1 = $ 2,99
Dec/2005 U$S 1 = $ 3,06
Dec/2006 U$S 1 = $ 3,05
Dec/2007 U$S 1 = $ 3,14
Dec/2008 U$S 1 = $ 3,45
---------------------------------------------------------
Note: the registered values correspond to the last working day of each year.
For further information about macroeconomic variables of this country,

please consult the International Risk and Payment Review, a D&B's monthly
publication.
==============================================================================
BUSINESS INFORMATION REPORT Jan 17, 2010

Condensed
D-U-N-S Number: 97-167-9212 CUIT: 30-69313376-5

Rating:3A 3
INDRA SI S.A.
BUSINESS: Computer related maintenance

services
SIC(s): 73790100 73790200
Parana 1073
C1018ADA - Ciudad de Buenos Aires
Argentina
Tel(s): (54) (011) 43232000 Fax: (54) (011) 43232000
Web Page: www.indacompany.com
E-Mail: eperrone@indracompany.com
............................... SUMMARY ................................

Established : 1997 Payments : PROMPT-SLOW
Control : 1997 Sales : UNDETERMINED
Legal Actions : NO Net Capital :
Fin. Position : UNDETERMINED Employees : 489 (489 here)
http://www.dbai.dnb.com/DBPhoenix/DBP?ContactName=Arie+leider&group=INT-EN&ProgCtryCode=972&... 17/01/2010
Page 2 of 15
Trend : NOT EVALUABLE Imp. Exp. : IMPORTS
History : COMPLETE Status : ACTIVE
Legal Structure: Public Limited Company
............................... RATING ..............................
D&B Rating : 3A 3
The 3A of the Rating indicates the Patrimonial capacity.

The 3 to the right of the Rating is indicating The credit appraisal
of the subject business.
(See Table below)
Patrimonial Capacity
-------------------------------
Capital Amount in U.S Dollars.
5A 50,000,000 and major

4A 10,000,000 49,999,999
3A 1,500,000 9,999,999
2A 750,000 1,499,999
1A 375,000 749,999
A 188,000 374,999
B 94,000 187,999
C 47,000 93,999
D 24,000 46,999
E 12,000 23,999
F 6,000 11,999
G HASTA 5,999
O undeterminaed
N Negative Net Worth
One stands out that by norms of D&B, the part of the Rating
that describes to the holder on the basis of its net worth it has been
calculated in American Dollars to the type of exchange to the date of
closing of this exercise.
Credit Appraisal
---------------------------------
Rating Condition Interpretation
1 Solid Minimum expectation of risk

2 Satisfactory Low expectation risk
3 Acceptable Risk Slightly Over the Average
4 Unfavorable Significant Risk - To review carefully
S Services Not Applicable - No Assigned condition
- Undetermined Unkonwn Risk - Insufficient Information
NB New bussiness Risk to determine - Recent Foundation
NQ No Active Cease of operations
FAILURE RATE
The incident of Failure (Formal as well as informal Bankruptcy)

for a business rated with a Financial Strength of 3A is
1.0%
The rate is based on historical data in the D&B Latin American

files, over the past year.
Page 3 of 15
Respect to its previous fiscal the following variances can be observed:
................................................
. VARIATION .
................................................
. Cash . 82% .
. Accounts Receivable . 106% .
. Collection Period . -16 days .
. Inventory . -100% .
. Inventory Turnover . 0 times .
. Fixed Assets . -18% .
. Short Terms Liabilities . 151% .
. Working Capital . 34% .
. Net Sales . 128% .
. Direct Costs . 107% .
. Net Earnings . 163% .
................................................
.............................. PRINCIPALS ..............................
Board of Directors:
Horacio Anibal Losoviz President

Regino Moranchel Fernandez Vice-President
Enrique Atilio Federico Permanent Director
Eduardo Ricardo Viaggio Permanent Director
Alejandro Basilio Adelardi Permanent Director
Enrique Jose Olivera Permanent Director
Juan Carlos Baena Deputy Director
Auditing Board:
Gustavo Chesta Permanent Syndic

Alejandro Crosta Permanent Syndic
Gonzalo Urien Berri Permanent Syndic
Patricia Fandino Deputy Syndic
Graciela Del Hoyo Deputy Syndic
Gustavo Penna Deputy Syndic
Agents:
Gabriela Cecilia Cartolano Agent
============================== PAYMENTS ===============================
** D&B's GLOBAL TRADE EXPERIENCES **
D&B obtains payment references from local and international suppliers.

References listed below may be from either or both sources. Amounts may be
rounded to nearest figure in prescribed ranges.
--------------------------------------------------------------------------
HIGH LAST
DATE FULFILLMEN CREDIT OWES TERMS PURCHA CONCEPT
--------------------------------------------------------------------------
Aug/08 Atrasa 70,000 Mar/08
Aug/08 Puntual 10,000 10,000 Jul/08
Sep/08 Atrasa 70,000 Sep/07
Sep/08 Puntual 10,000 10,000 Aug/08
Oct/08 Puntual 10,000 10,000 30 Oct/08 *4
Oct/08 Puntual 120,000 120,000 30 Oct/08 *4
Oct/08 Puntual 10,000 10,000 30 Oct/08 *4
Page 4 of 15
Oct/08 Atrasa 70,000 Oct/07
Oct/08 Ptl/Len 10,000 10,000 Sep/08
Nov/08 Atrasa 70,000 Nov/07
Nov/08 Ptl/Len 10,000 10,000 Aug/08
Jan/10 Puntual 10,000 10,000 30 Jan/10 *4
Jan/10 Puntual Jan/10 *4
Jan/10 Puntual 15,000 15,000 30 Jan/10 *4
Jan/10 Puntual Nov/09 *4
Pay Concept:
*4 Good
--------------------------------------------------------------------------
Payment references contained in this report may have been obtained from
the same source in different months and monetary units. In some instances,
payment beyond terms can be the result of disputes over merchandise, lost
invoices, etc.
AVERAGE PAYMENTS IN ARGENTINA
International Risk and Payment Review is a unique Dun and Bradstreet

Publication covering 122 countries worldwide.
On November 2009 this publication reported:
A) The local delay in payment was 0-1 month.

B) The foreign exchange bank delay fluctuated between 0-2 months.
For more information concerning this publication please contact your

local Dun and Bradstreet representative.
========================== COMPARATIVE FIGURES =========================
Dec/2007 Dec/2006 Dec/2005
Current Asset 43.088.264 17.256.802 14.053.267

Current Liab. 42.774.365 17.022.809 12.711.794
Non Curr Asse 5.522.511 2.471.691 3.410.173
Non Curr Liab 431.933 383.168 460.637
Working Cap. 313.899 233.993 1.341.473
Net Tang Cap. 5.213.733 1.941.404 3.611.071
Net Worth 5.404.477 2.322.516 4.291.009
Net Sales 63.875.485 28.007.551 33.239.325
Net Prof-Loss 3.081.961 -4.859.297 -236.061
In order to estimate Net Tangible Capital, Intangible Assets were deducted

from Net Worth.
=================== ECONOMIC - FINANCIAL INDEXES =======================
Dec/2007 Dec/2006 Dec/2005

Collection Period (days) 156.30 172.89 142.57
Inventory Turnover (times) 0.00 0.00 0.00
Current Endebtedness 8.20 8.76 3.52
Total Endebtedness 8.28 8.96 3.64
Current Ratio 1.00 1.01 1.10
Liquidity 1.00 1.01 1.10
Solvency 1.12 1.13 1.32
Fixed Assets/Total Assets 0.16 0.54 0.52
Own Resources 0.10 0.09 0.20
Return on Sales (%) 4.82 -17.35 -0.71
Page 5 of 15
Return on Assets (%) 6.34 -24.63 -1.35
Return on Net Worth (%) 57.02 -209.22 -5.50
------------------------- FINANCIAL STATEMENT ---------------------------
A copy of the memory of the transcribed financial statement is in the

hands of D&B. In case of request, please contact the Customer Service
Department or your Sales Representative.
GENERAL BALANCE SHEET AS OF DEC/31/2007 (in Pesos).
ASSETS
Cash and Cash Equivalents 132,460

--------------
Cash and Banks 132,460
Investments 2,051,985
--------------
Total Investments 2,051,985
Credits for Services 27,734,149

--------------
Sub-total Credits 27,734,149
Other Credits 10,459,797

--------------
Sub-total Other Credits 10,459,797
Total Credits 38,193,946
Other Assets 2,709,873

--------------
Total Other Assets 2,709,873
TOTAL CURRENT ASSETS 43,088,264
Other Credits 3,102,062

--------------
Sub-total Other Credits 3,102,062
TOTAL CREDITS 3,102,062
Property and Equipment 862,132

--------------
Total Property and Equipment 862,132
Other Assets 1,367,573

--------------
Total Other Assets 1,367,573
Intangible Assets 190,744

--------------
Total Intangible Assets 190,744
TOTAL NON CURRENT ASSETS 5,522,511
Page 6 of 15
TOTAL ASSETS 48,610,775
LIABILITIES AND NET WORTH
Commercial Debts 8,395,529

Fiscal Charges 1,259,340
Wages and Payroll Expenses 2,502,918
Advances to Customers 1,643,200
Loans 25,713,085
Other Liabilities 3,260,293
--------------
TOTAL CURRENT LIABILITIES 42,774,365
Forecasts 364,750
Third Parties Interests in Controll 67,183
--------------
TOTAL NON CURRENT LIABILITIES 431,933
TOTAL LIABILITIES 43,206,298
Subscribed Capital 10,386,953

Legal Reserve 216,645
Retained Earnings -5,199,121
--------------
TOTAL NET WORTH 5,404,477
TOTAL LIABILITIES AND NET WORTH 48,610,775
STATEMENT OF INCOME
Incomes 63,875,485
--------------
Total Gross Sales 63,875,485
Total Net Sales 63,875,485
Costs -46,804,612
--------------
Total Cost -46,804,612
Gross Earnings 17,070,873
Marketing Expenses -6,785,053
Administration Expenses -7,862,926
--------------
Operative Earnings 2,422,894
Financial and Holding Earnings -2,863,909
Other Incomes 728,396
Ordinary Earnings 287,381
Earnings Before Taxes 287,381
Profit Tax 2,794,580
--------------
Total Taxes 2,794,580
FISCAL YEAR PROFIT (LOSS) 3,081,961
Page 7 of 15
EXPENSES COMPARISON
Information required by the Article 64 Section I inc. b) from Law 19.550
------------------------------------------------------------------------
ITEM Dec/2007 Dec/2006 Variation(%)
------------------------------------------------------------------------
Salaries and Social Charges 25.041.418 17.256.257 45

Fees 21.023.800 8.426.316 149
Advertising 344.562 180.476 90
Telephones 342.421 201.658 69
Leases 1.546.424 992.654 55
Taxes and Contributions 1.530.794 618.858 147
Security 158.199 80.055 97
Maintenance Expenses 566.620 466.643 21
Furniture and Fixture Deprecia 782.637 969.264 -19
Intangible Assets Depreciation 190.368 298.826 -36
General Expenses 203.811 76.427 166
Bad Debts 0 0 --
Travelling 6.191.152 2.341.833 164
Bank Expenses 871.637 396.885 119
Insurances 315.702 0 --
Sundry 312.659 133.766 133
Data Processing expenses 1.966.012 0 --
------------------------------------------------------------------------
TOTALS 61.388.216 32.439.918 89
------------------------------------------------------------------------
The figures transcribed above correspond to the general balance sheet

expressed in historical values.
Statement Audited by SIBILLE, CPCECABA T. 2 - F. 6. Signed by Accountant

Andrea J. Gallard, CPCECABA T. 167 - F. 155 .
An analysis made by D&B Argentina shows that only 6% of companies file

their financial figures with public sources. However, through proprietary
internal processes and unique local sources, D&B Argentina fulfills over
52% of Business Information Reports with relevant financial information.
REAL ESTATE
Suject owns no real estate
VEHICLES
Vehicle(s) include: 2 vehicles, Volkswagen Vento, model 2007.
Page 8 of 15
============================== UPDATE ================================
On Apr/24/2009, the Mrs. Eugenia Perrone ( Administrative Person in Charge

) reported not to be in condition to submit the General Balance Sheet as
of 31/Dec/2008, indicating that it is still being prepared. Confirmed
Board of Directors, historical and business information. The general
balance sheet shown, was obtained from a previous interview .
The Imports from Aug/31/2008 to Nov/30/2008 were of u$s 115,647.
INSURANCE
Has different insurances taken out with:
HSBC La Buenos Aires Seguros S.A. .
Metropolitan Life Seguros de Vida S.A. .
Consolidar A.R.T. S.A. .
=================== LEGAL RECORDS AND DISSABLEMENTS ===================
Up to 28/Apr/2009 there are neither dissablements nor legal records

registred against subject in our database.
================================= BANKS ================================
Apr/2009
Operates with the following banks:
BBVA Banco Frances S.A., headquarters, Reconquista 199, Ciudad de Buenos

Aires, Argentina, telephone: (011) 43464000, account number 491-000922/1.
BNP Paribas, branch Plaza San Martin, Avda. Santa Fe 880, Ciudad de Buenos
Aires, Argentina, telephone: (011) 43139934, account number
9187103130188000.
Banco de la Provincia de Buenos Aires, headquarters, San Martin 137,

Ciudad de Buenos Aires, Argentina, telephone: (011) 43314011, account
number 46017/4.
Banco Santander Rio S.A., branch Juncal, Juncal 735, Ciudad de Buenos
Aires, Argentina, telephone: (011) 43271315/0901, account number
109-5575/8.
Banco Comafi S.A., Avenida Presidente Roque Saenz Pena 660, Ciudad de
Buenos Aires, Argentina, telephone: (011) 43285555, account number
13255-6.
Page 9 of 15
Citibank N.A., Ciudad de Buenos Aires, Argentina.
32
======================== FINANCIAL SYSTEM DEBTORS ======================
As per information taken from the Banco Central de la Republica Argentina

(BCRA), subject registers the following information, to the date of this
report:
------------------------------------------------------------------------
ENTITY SITUATION AMOUNT PERIOD
------------------------------------------------------------------------
Banco Santander Rio S.A. 1 $ 18,211,600 2/2009
Citibank N.A. 1 $ 15,797,900 2/2009
BNP Paribas 1 $ 15,308,400 2/2009
BBVA Banco Frances S.A. 1 $ 7,404,200 2/2009
American Express Bank Ltd. S.A. 1 $ 853,200 1/2009
Banco Comafi S.A. 1 $ 4,500 2/2009
------------------------------------------------------------------------
Qualification Detail according to BCRA:
1 : Normal.
2 : With Potencial Risk.
STD : Standard - Situations 1 y 2 (Normal - With Potencial Risk).
3 : With problems (Deficient Fulfilment).
4 : With high insolvency risk.
5 : Unrecoverable.
6 : Unrecoverable by technical disposition.
S/C : Without qualification.
============================ REJECTED CHECKS ===========================
No exists records from BCRA of rejected checks to date.
Source: Banco Central de la Republica Argentina (www.bcra.gov.ar)
============================== HISTORY =================================
Public Limited Company. Chartered on Dec/20/1996. Registered on

Feb/25/1997, at the Registro Publico de Comercio, File N. 1.673, Register
1.630.094, Book 120, Volume A. Term 99 years, expires on Feb/ 25/ 2096.
The business was started by subject, on Mar/1/1997, addressed at Suipacha

1111, Piso 3., Ciudad de Buenos Aires, Argentina; moving to Avenida
Corrientes 447, Piso 7., Ciudad de Buenos Aires, Argentina in Sep/2001;
moving to Reconquista 1088, Piso 8., Ciudad de Buenos Aires in Mar/2005;
moving to heading address, in May/2008
Capital Stock: $ 10,386,953.00. Divided into:
103,866,953 shares nominal value $ 1,00, 1 vote per share.
Initial Capital: $ 12,000.00.
Timely, subject increased its capital to $ 555,000.00.
On Dec/26/1997, subject increased capital to $ 714,285.00.
Page 10 of 15
On Mar/27/2003, subject increased capital to $ 2,965,000.00.
On Jan/12/2004, subject increased capital to $ 5,598,703.00.
On Dec/12/2006, subject increased capital to $ 10,386,953.00.
On Apr/30/2008, subject increased capital to $ 15,577,188.00.
Current Board of Directors was appointed on Dec/5/2008, in Stockholders

Meeting.
Balance Sheet as of: Dec/31.
Proxy held by the President and/or Vice-President and/or Agent.
SA
============================= STOCKHOLDERS =============================
MAIN STOCKHOLDER:
EUROPRAXIS ATLANTE S.L.
Percentage of interest: 75 %.
D-U-N-S 46-409-3447
Carabela La Nina 12, Planta 3.
Barcelona
Spain
MINORITY STOCKHOLDERS:
INDRA SISTEMAS S.A.
Percentage of interest: 25 %.
D-U-N-S 46-200-9655
Avenida Bruselas 35, 28108, Alcobendas
Madrid
Spain
------------------------------- AFFILIATE --------------------------------
INDRA SI S.A. - INGENIERO MARIO S. BROMBERG S.A. - RETESAR S.A. - U.T.E.

Percentage of interest: 90 %
CREDENCIAL ARGENTINA S.A. - INDRA SI S.A. - MEDICAL MANAGEMENT SYSTEMS S.A

Percentage of interest: 45 %
+------------------------------------------------------+
Page 11 of 15
. Request for D&B local office Business Information .
. Reports on companies related to subject. .
+------------------------------------------------------+
-------------------------------- BACKGROUND ------------------------------
Horacio Anibal Losoviz; President, L.E. 4.543.860, C.I. 4.830.667,

C.U.I.T. 20-04543860-1, married, born in Argentina on Jul/7/1946.
Simultaneously he is Director of CAMCOR SOCIEDAD ANONIMA (D-U-N-S

97-081-7797) , addressed at Cerrito 740 Piso 6., Buenos Aires, Argentina.
; he is Director of WINTA S.A.
Previously he was President of ASOCIACION DE FABRICAS DE AUTOMOTORES

(D-U-N-S 97-107-4323), addressed at Pte. Marcelo Torcuato De Alvear 636
Piso 5., Ciudad de Buenos Aires, Argentina. ; he was President of IVECO
ARGENTINA S.A. (D-U-N-S 97-029-8832), addressed at Carlos Maria Della
Paolera 297 Piso 24, Ciudad de Buenos Aires, Argentina. ; he appeared as
Associated with AUTOCLEAR S.A. (D-U-N-S 97-496-3050), addressed at Alicia
Moreau de Justo 400 , Ciudad de Buenos Aires, Argentina. ; he was Director
of INDRA AMERICA SA (D-U-N-S 97-255-3861), addressed at Batalla De
Suipacha 1111 PISO 3. Retiro, Capital Federal, Buenos Aires City,
Argentina. ; he was officer of CORREO ARGENTINO S.A. (D-U-N-S
97-167-5012), addressed at Cerrito 1294 Piso 3., Ciudad de Buenos Aires,
Argentina. .
Commercial background unknown.
Regino Moranchel Fernandez; Vice-President, C.U.I.L. 20-60305942-6,

married, born in Spain on Feb/21/1951.
Previously he was Director of INDRA AMERICA SA (D-U-N-S 97-255-3861),

addressed at Batalla De Suipacha 1111 PISO 3. Retiro, Capital Federal,
Buenos Aires City, Argentina. .
Enrique Atilio Federico; Permanent Director, L.E. 8.007.044, C.I.

6.240.480, C.U.I.T. 20-08007044-7, married, born in Argentina on
Jan/30/1950. Attorney .
Simultaneously he is Director of MERCEDES BENZ ARGENTINA S.A. (D-U-N-S

97-000-1764) , addressed at Boulevard Azucena Villaflor 435 , Ciudad de
Buenos Aires, Argentina. ; he is Syndic of LUDENS S.A., addressed at
Tandil 2557/73, Buenos Aires, Argentina; he said to be Director of CIRCULO
CERRADO S.A. DE AHORRO PARA FINES DETERMINADOS, addressed at Avenida Del
Libertador 2424, Buenos Aires, Argentina; he is Director of NAHUELSAT S.A.
(D-U-N-S 97-129-0432) , addressed at Avenida Corrientes 311 Piso 7.,
Ciudad de Buenos Aires, Argentina. .
Eduardo Ricardo Viaggio; Permanent Director, D.N.I. 11.450.702, C.U.I.T.
Page 12 of 15
20-11450702-5, married, born in Argentina on Oct/12/1954.
No further commercial background known.
Alejandro Basilio Adelardi; Permanent Director, D.N.I. 18.120.693,

C.U.I.T. 20-18120693-5, married, born in Argentina on Nov/16/1966.
Simultaneously he was Partner of AGUILAR Y ASOCIADOS S.R.L.; he was

Partner of NETK S.R.L..
No further commercial background known.
Enrique Jose Olivera; Permanent Director, married, born in Argentina, of

age.
No filiatory and/or commercial information could be gathered.
Juan Carlos Baena; Deputy Director, D.N.I. 60.316.524, C.U.I.T.

20-60316524-2, born in Spain on Oct/18/1957. Lic. (A five years degree) .
Simultaneously he is Vice-President of EUROPRAXIS CONSULTING ARGENTINA

S.A.
Gustavo Chesta; Permanent Syndic.
Alejandro Crosta; Permanent Syndic.
Gonzalo Urien Berri; Permanent Syndic.
Patricia Fandino; Deputy Syndic.
Graciela Del Hoyo; Deputy Syndic.
Gustavo Penna; Deputy Syndic.
Gabriela Cecilia Cartolano; Agent, D.N.I. 23.125.148, C.U.I.T.

27-23125148-6, born in Argentina on Feb/26/1973.
Page 13 of 15
============================= OPERATIONS ==============================
SIC N. 73790100, Renders services of, (100%).
IMPORTACIONES:
Imports from Spain; United Kingdom; Germany.
SALES:
Has a portfolio of 50 client(s) (approx.).
Sales are focused on:
- To the local market (100%).

- To companies (100%).
Main Customers:
AEROLINEAS ARGENTINAS S.A. (D-U-N-S 97-069-9773); MINISTERIO DEL INTERIOR

(D-U-N-S 97-134-0955); TELEFONICA DATA ARGENTINA S.A. (D-U-N-S
97-169-8568); TELEFONICA DE ARGENTINA S.A. (D-U-N-S 97-071-7179); BANCO DE
LA PROVINCIA DE BUENOS AIRES (D-U-N-S 97-018-8454); PROVINCIA SEGUROS S.A.
(D-U-N-S 97-118-0120); AUSTRAL LINEAS AEREAS - CIELOS DEL SUR S.A.
(D-U-N-S 97-054-2643); FEDERACION PATRONAL SEGUROS S.A. (D-U-N-S
97-478-9211); ACH S.A. (D-U-N-S 97-492-9916); TELEFONICA MOVILES ARGENTINA
S.A. (D-U-N-S 97-115-9744); YPF S.A. (D-U-N-S 97-078-8808); OSDE -
ORGANIZACION DE SERVICIOS DIRECTOS EMPRESARIOS (D-U-N-S 97-122-2492);
TELECOM ARGENTINA S.A. (D-U-N-S 97-073-5791).
Suppliers:
IBM ARGENTINA S.A. (D-U-N-S 97-025-2151); SUN MICROSYSTEMS DE ARGENTINA

S.A. (D-U-N-S 97-132-6061); TELEFONICA DE ARGENTINA S.A. (D-U-N-S
97-071-7179); TELEFONICA DATA ARGENTINA S.A. (D-U-N-S 97-214-6914);
TELECOM ARGENTINA S.A. (D-U-N-S 97-073-5791); TELEFONICA MOVILES ARGENTINA
S.A. (D-U-N-S 97-115-9744); ESTUDIO URIEN Y ASOCIADOS S H (D-U-N-S
97-194-1067); HEWLETT-PACKARD ARGENTINA S.R.L. (D-U-N-S 97-108-2102);
LIBRA SOLUCIONES SRL (D-U-N-S 97-539-3815); ZOHAR MATIAS (D-U-N-S
97-078-8042); DELL AMERICA LATINA CORP. - SUCURSAL ARGENTINA (D-U-N-S
97-479-6216); TELEFONICA GESTION DE SERVICIOS COMPARTIDOS ARGENTINA S.A.
(D-U-N-S 97-534-4391); BALOVIER, CESAR SIMON; ANIXTER ARGENTINA S.A.
(D-U-N-S 97-126-2118); VIAJES EL CORTE INGLES ARGENTINA S.A. (D-U-N-S
97-833-9075); UNITECH S.A. (D-U-N-S 97-081-3911); INTERFLY TOUR S.A.
(D-U-N-S 97-093-7074); YORK INTERNATIONAL S.A. (D-U-N-S 97-057-4893);
VAZQUEZ AMOR, MARIA DEL PILAR (D-U-N-S 97-844-2952).
TERRITORY:
Renders its services nationwide.
EMPLOYEES:
Page 14 of 15
Total: 489.
REGISTRATIONS:
C.U.I.T. 30-69313376-5.
============================== LOCATION ================================
Heading address includes administration office and other facilities,

occupying real estate, built of material, located in downtown-commercial
area, on street of busy traffic and of good shape.
It also has:
Other facilities, occupying rented real estate, located at Moreno 1257,

Piso 1., Ciudad de Buenos Aires, Argentina.
Other facilities, occupying rented real estate, located at San Martin 480,
Piso 2., Ciudad de Buenos Aires, Argentina, telephone/s 55303712.
Warehouse, occupying rented real estate, located at Colon 324, Avellaneda,

Buenos Aires, Argentina.
Operative headquarters, occupying rented real estate, located at Azopardo

1487, Ciudad de Buenos Aires, Argentina, telephone/s 43390707.
LEGAL PLACE OF BUSINESS: Avenida Corrientes 447 Piso 7., (C1043AAE),

Ciudad de Buenos Aires, Argentina.
Copyright 2005 Dun & Bradstreet. All Rights Reserved.
This report which is licensed under contract solely for use by D&B's
customer as one factor in its business decisions, contains information
compiled from sources D&B does not control and which, unless otherwise
indicated in this report, has not been verified. D&B does not assume any
of user's business risk; does not guarantee the accuracy, completeness,
and timeliness of the information; and shall not be liable in tort,
contract or otherwise for any loss, damage, and injury resulting from use
of this information, even if caused by D&B's negligence.
Page 15 of 15
Dun & Bradstreet declares that this report has been made under the
prescriptions of the Argentine Data Protection Law Nbr. 25.326, and that
the agreement of the data owners has been required in such cases that was
necessary (articles 5th, 6th and 26th of the Law).
015/015/

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Page 1 of 15

================================ Important ===================================

For further information about macroeconomic variables of this country,

BUSINESS INFORMATION REPORT Jan 17, 2010

D-U-N-S Number: 97-167-9212 CUIT: 30-69313376-5

BUSINESS: Computer related maintenance

SIC(s): 73790100 73790200

Tel(s): (54) (011) 43232000 Fax: (54) (011) 43232000

Web Page: www.indacompany.com

............................... SUMMARY ................................

............................... RATING ..............................

The 3A of the Rating indicates the Patrimonial capacity.

5A 50,000,000 and major

1 Solid Minimum expectation of risk

The incident of Failure (Formal as well as informal Bankruptcy)

The rate is based on historical data in the D&B Latin American

.............................. PRINCIPALS ..............................

Horacio Anibal Losoviz President

Gustavo Chesta Permanent Syndic

Gabriela Cecilia Cartolano Agent

============================== PAYMENTS ===============================

** D&B's GLOBAL TRADE EXPERIENCES **

D&B obtains payment references from local and international suppliers.

AVERAGE PAYMENTS IN ARGENTINA

International Risk and Payment Review is a unique Dun and Bradstreet

A) The local delay in payment was 0-1 month.

For more information concerning this publication please contact your

========================== COMPARATIVE FIGURES =========================

Dec/2007 Dec/2006 Dec/2005

Current Asset 43.088.264 17.256.802 14.053.267

In order to estimate Net Tangible Capital, Intangible Assets were deducted

=================== ECONOMIC - FINANCIAL INDEXES =======================

Dec/2007 Dec/2006 Dec/2005

------------------------- FINANCIAL STATEMENT ---------------------------

A copy of the memory of the transcribed financial statement is in the

GENERAL BALANCE SHEET AS OF DEC/31/2007 (in Pesos).

Cash and Cash Equivalents 132,460

Credits for Services 27,734,149

Other Credits 10,459,797

Total Credits 38,193,946

Other Assets 2,709,873

TOTAL CURRENT ASSETS 43,088,264

Other Credits 3,102,062

TOTAL CREDITS 3,102,062

Property and Equipment 862,132

Other Assets 1,367,573

Intangible Assets 190,744

TOTAL NON CURRENT ASSETS 5,522,511

TOTAL ASSETS 48,610,775

LIABILITIES AND NET WORTH

Commercial Debts 8,395,529

TOTAL CURRENT LIABILITIES 42,774,365

TOTAL NON CURRENT LIABILITIES 431,933

TOTAL LIABILITIES 43,206,298

Subscribed Capital 10,386,953

TOTAL NET WORTH 5,404,477

TOTAL LIABILITIES AND NET WORTH 48,610,775

FISCAL YEAR PROFIT (LOSS) 3,081,961

Information required by the Article 64 Section I inc. b) from Law 19.550

Salaries and Social Charges 25.041.418 17.256.257 45

The figures transcribed above correspond to the general balance sheet

Statement Audited by SIBILLE, CPCECABA T. 2 - F. 6. Signed by Accountant

An analysis made by D&B Argentina shows that only 6% of companies file

Suject owns no real estate

Indara SI SA D&B Report

Indara SI SA D&B Report

D&B's GLOBAL TRADE EXPERIENCES