November 30, 2007

MTC Holdings, a leading terminal operating company headquartered in San Francisco, Calif., announced today that it has completed the acquisition of an inland, multi-modal terminal facility and services company branded as Puerta México.

Puerta México intermodal terminal is located in the State of México in the industrial zone of Toluca, approximately 40 miles west of México City and offers multi-modal terminal services and on-site customs and bonded warehousing facilities to ocean carriers, railroads, intermodal and other logistics service providers.

Situated at KM 15.5 of the Toluca–Atlacomulco highway and with direct access to rail line “N” of Kansas City Southern de México (KCSM), Puerta México will become the terminal of first choice for service to and from the central valley, the ports of Lázaro Cárdenas and Manzanillo, and Laredo at the U.S. border.

With an estimated capacity exceeding 150,000 containers per year on more than 130 developed acres, it essentially doubles the intermodal capacity available to the greater Mexican central valley region and alleviates a major bottleneck in the central valley supply chain.

Marine Terminals Corp. President and CEO Doug Tilden commented on the company’s commitment to México.

“This transaction is indicative of MTC Holdings' strong interest in México and confidence in the country's economy and business climate,” Tilden said. “MTC Holdings is committed to making investments in México that substantially improve the global supply chain, lead to real improvements in the competitiveness of Mexican businesses, and provide greater choices and lower prices to consumers.”

Governor Enrique Peña Nieto of the State of México commented on the importance of MTC’s investment.

“Investments of this magnitude create efficiencies that translate into advantages to attract new investments to the State of México,” Governor Peña Nieto said. “During my recent trip to Asia, it was evident that having an infrastructure such as Puerta México places the State of México in a prime position in the logistics industry.”

Puerta México Founder Javier Soriano added that Marine Terminals Corp.’s experience, along with its relationship with the logistics community and the support of AIG Highstar Capital, will position Puerta México Intermodal Terminal as the most important link in the supply chain between Asia, North America and México.

With more than 75 years of industry experience, MTC Holdings is an expert in providing the shipping community with a comprehensive network of terminal operations and cargo-handling services. It is known for successful long-term joint ventures, process expertise, effective management and technological leadership. On July 2, 2007, MTC Holdings became part of the AIG Global Investment Group through its acquisition by AIG Highstar Capital.

For more information, please visit www.mtcorp.com and www.puertamexico.com. A fact sheet is available by contacting Joshua Hurwitz, MTC Holdings, joshhu@mtcorp.com +1-415-646-8136. Spanish contact: Miguel Favela, phone 01 664 2611588.