Grupo Famsa has not paid dividends in the past.

Since Grupo Famsa plans to invest a substantial portion of its future cash flows to fund its growth path and capital requirements, the Company does not expect to pay any dividend in the foreseeable future.

Grupo Famsa has not yet defined a dividend policy; however it is possible that the Company establishes one in the near future, on the base of its operating results, financial position, capital requirements, fiscal policies, growth estimates or any other factors deemed appropriate by its Board of Directors or shareholders, including the terms and conditions of future debt instruments that might limit our possibility of paying dividends.

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