Article: Fitch Takes Actions on National Scale Ratings in Latin America.

CHICAGO -- During the week of Jan. 31-Feb. 4 2005, Fitch Ratings changed the following ratings on the national scale in Latin America:

Corporates:

Grupo Posadas, S.A. de C.V. (Mexico)

-- First issuance of Programa de Certificados Bursatiles withdrawn.

Banmedica S.A. (Chile)

-- UF2,000,000 issuance assigned 'A+(chl)' national scale long-term rating; Rating Outlook Stable.

Vina Concha y Toro (Chile)

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