2014

Announcement of Applicable Exchange Rate for Maxcom Securities

MEXICO CITY, Oct. 1, 2013 /PRNewswire/ -- Ventura Capital Privado, S.A. de C.V., a sociedad anonima de capital variable, organized and existing under the laws of the United Mexican States ("Ventura Capital") on behalf of  Banco Invex S.A., Institucion de Banca Multiple, Invex Grupo Financiero, a banking institution organized and existing under the laws of the United Mexican States, as Trustee for the Trust 1387 (the "Trust"), Javier Molinar Horcasitas ("Javier Molinar") and Enrique Castillo Sanchez Mejorada ("Enrique Castillo" together with the Trust, Ventura Capital and Javier Molinar, the "Purchasers"), today announced that the purchase price for the Securities of Maxcom accepted for payment pursuant to the U.S. Offer will be paid in U.S. dollars equivalent to the applicable Mexican peso price in accordance with the offer documents based on the U.S. dollar to Mexican peso exchange rate of 13.1450 calculated and published by Banco de Mexico in the Official Gazette of Mexico for the conversion of U.S. dollar denominated amounts into pesos on September 30, 2013.

This communication is neither an offer to purchase nor a solicitation of an offer to sell any Securities. This communication is for informational purpose only. The Purchaser filed a tender offer statement on Schedule TO-T, as amended, including an offer to purchase, a letter of transmittal and related documents, with the Securities and Exchange Commission ("SEC"). The offer to purchase the Securities was made pursuant to the offer to purchase, the letter of transmittal and related documents filed with such tender offer statement.

SOURCE Ventura Capital Privado, S.A. de C.V.



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