CORPORACIÓN GEO, S.A.B. DE C.V. 
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The agreement foresees that the signing bank creditors (i) will cooperate so as to carry out a restructuring of all of GEO's financial liabilities, and (ii) will not initiate any lawsuits against it and suspend any lawsuits already initiated. Moreover, the agreement sets the foundation in order to negotiate, in good faith, the possibility of receiving new financing so that GEO may continue operating in its ordinary course of business; notwithstanding, on this date, we cannot assure that agreements for such new financing will be reached.
GEO has actively pursued these agreements with the goal of creating conditions to achieve a financial restructuring with all of its creditors and will continue to privilege negotiations as the ideal means to preserve the company's value. Furthermore, GEO will duly continue informing of the advances made in its restructuring process.
Corporación GEO is a leading housing developer in Mexico and one of the largest in Latin America. The Company is engaged in all aspects of design, development, construction, marketing, sales and delivery of mainly low-income housing developments in Mexico. With operations in 22 states, GEO is one of the most geographically diversified homebuilders in Mexico. Since its inception GEO has sold more than 655,000 homes which currently provide housing to 2,400,000 people. GEO's Solid Business Model focuses mainly in the Affordable Entry Level and Economic segments, which are supported by government policies and by the Mexican Housing Institutions INFONAVIT and FOVISSSTE. For more information, visit www.corporaciongeo.com
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