BERTRAND MALLET - Inchcape

Inchcape South AmericaInchcape has established a strong leadership position in both Chile and Peruin the premium segment which is the highest growing and most profitablesegmentInchcape’s businesses in South America are expanding rapidly, leveraging thegrowth of the economy as well as the emergence of a sizeable middle-classThese countries hold further potential for growth for Inchcape, given ourmarket leadership in the premium segmentTo further strengthen our competitive position, we will extend our networkbeyond the capital cities, while building two new state-of-the-art BMW facilitiesin Santiago and Lima over the next 18 months