1. The Mexico Investors Forum November 14 th, 2011 Carlos Guzmán Bofill, ProMéxico’s CEO

2. Mexico’s Q2 2011figures Compared with 19.6 billion dollars in 2010. During the first half of 2011, we received 11 billion USD of Foreign Direct Investment. Compared with nearly 300 billion USD in 2010. Until August 2011, our exports reached 230 billion USD. Mexico’s GDP grew 3.9% during the first half of 2011. Mexico is estimated to grow 4% in 2011, almost twice than the advanced economies, which growth is estimated at 1.6%. We have been climbing positions. We were 8 th in 2009 and 6 th in 2010. During the first half of 2011, we were the 5 th exporter in the automotive sector. 2 Source: Ministry of Economy/ Ministry of Finance/ IMF/ National Institute of Statistics, Geography and Informatics of Mexico/ ProMéxico with data of Global Trade Atlas and AMIA.

3. Favorable macroeconomic environment México ranks as a low-risk country in the Emerging Market Overheating Index, published by The Economist, which grades 27 countries. Source: http://www.economist.com/node/21522520 / JP Morganhttp://www.economist.com/node/21522520 / 3 Argentina Brazil Hong Kong IndiaIndonesiaTurkey Vietnam SingaporeThailand Egypt PeruPhilippines Chile China Colombia Poland Saudi Arabia South Korea VenezuelaRussiaSouth Africa Czech RepublicMexico PakistanTaiwanMalaysiaHungary EMBI (Basis point) According to JP Morgan’s EMBI, Mexico’s country risk has been lower than the global average for the last years.

4. We have been climbing in the World’s competitiveness indicators For sixth consecutive year, Mexico improved its position. Beyond BRIC’s. Reforms that enhanced our ranking: –Construction permits (+6). –Getting credit (+5). –Trading across borders (+3). –Paying taxes (+1). Source: World Bank, 2011;, World Economic Forum 2011; IMD, 2011. Mexico’s position 2012 2011 GLOBAL COMPETITIVENESS REPORT 2011 4 DOING BUSINESS 2012 Mexico registered the largest improvement in the American continent. Our country advanced in 10 of the 12 pillars analyzed by the Index. 2012 2011 2010 According to IMD’s World Competitive Yearbook 2011, in terms of economic performance, Mexico was ranked 16th of 59 countries. WORLD COMPETITIVENESS YEARBOOK 2011 2011 2010 Mexico’s position

5. Other competitiveness indicators 5 INDEXAUTHORPOSITIONCONTEXT Manufacturing Outsourcing Cost Index Alix Partners 1 Mexico is the most cost-effective country in the world for the offshore production of manufactured goods for the US market. FDI Confidence Index AT Kearney 8 Mexico went from the 19 th to the 8 th place in terms of this index, which measures global confidence in Foreign Direct Investment. Global Manufacturing Competitive- ness Index 2010 Deloitte7 Mexico became the 7th most competitive country in manufacturing, above countries like Germany, Singapore, Canada and Poland. Trade Confidence Index HSBC3 According to this index, Mexico ranks 3th in the world, just below India and the United Arab Emirates. It measures the expectations and trade growth for the next 6 months Global Services Location Index 2011 AT Kearney 6 Mexico ranks 6 th in this index, jumping five places since 2009. This index ranks the best countries for “outsourcing” through the world.

6. We export sophisticated goods Mexico is the largest exporter in Latin America. Accounts for more than 40% of Latin America’s total trade. More than 80% of exports were manufactured goods. 6 SOURCE: Global Trade Atlas/ National Institute of Statistic and Geography (INEGI by its name in Spanish), Statistics on Mexico’s foreign trade (January-May 2011)/ Mexico’s Central Bank, 2011. Mexico ranks in the top 20 of Harvard’s Atlas of Economic Complexity report, which recognizes that our country is able to hold vast amounts of productive knowledge, and that we manufacture and export a large number of sophisticated goods. The Index of Technological Sophistication of Mexican export products (3.25) is the highest in Latin America and is above India (2.61) and Brazil (2.49). (OECD)

7. ProMéxico builds more complete supply chains 7 Our program of Alliances with Transnational Companies develops their local supply chains by connecting them with Mexican firms or assisting their foreign providers to begin operating here. ProMéxico has extensive knowledge of the local supply chain for multinational companies. More than 65% of suppliers meet world-class standards. For example, the automotive sector. PROCESS IN THE AUTOMOTIVE SECTOR NUMBER OF COMPANIES Foundry212 CNC Machining350 Die Casting96 Stamping65 Metal fabrication274 Assembly192 Metal treatments21 Injection Molding (Plastic)47 TOTAL1,257 ProMéxico’s strategic sectors 1.E&E 2.Automotive 3.Aerospace 4.Renewable energies 5.Life sciences 6.Creative industries 7.IT services 8.Agroindustries 9.Mining ProMéxico’s strategic sectors 1.E&E 2.Automotive 3.Aerospace 4.Renewable energies 5.Life sciences 6.Creative industries 7.IT services 8.Agroindustries 9.Mining

8. How can ProMéxico help you? Helps your portfolio companies find a more competitive landscape by establishing operations in Mexico. Information.Executives by project. Linkage with the public, private and academic sectors. Business agendas in Mexico. Introduces you to promising Mexican companies in strategic sectors. ACT Model.Links with supply chain. 8

9. Thank you! 9 Carlos Guzmán ProMéxico’s CEO promexico@promexico.gob.mx www.promexico.gob.mx @promexicotw T. ++52 (55) 54 47 7000

10. Mexico: 20% profit in the stock markets over the past 2 years 10 The “Bolsa Mexicana de Valores” has performed better than BRICs over the past 2 years % Gain since Nov. 2009 Mexico (MXX): 20% Russia (RTS.RS): 10% India (NSEI): 9% India (BSESN): 8% Brasil (BVSP): -10% Shenzhen: -20% Shanghai: -30% Source: Yahoo Finance. http://finance.yahoo.com/http://finance.yahoo.com/

11. Source: Goldman Sachs. The N-11: More Than an Acronym. Global Economics Paper No: 153. March, 2007/ HSBC. 1/ Goldman Sachs forecast / International Monetary Fund. 2050 1 5th place 11th place 2010 Goldman Sach’s Forecast Gross Domestic Product (Billion Dollars) Forecasts According to HSBC, by 2050 Mexico will be the 8th largest economy in the world. It is estimated that by 2050, Mexico will become the fifth or eighth largest economy. — Its GDP per capita will be comparable with those of developed countries. World's largest GDP measured by PPP (Billion Dollars)

12. Activity Number of companies MANUFACTURING OF PARTS FOR AUTOMOBILE AND TRUCK SUSPENSION SYSTEM 17 MANUFACTURING OF PARTS FOR AUTOMOBILE AND TRUCK TRANSMISSION SYSTEM 10 Source: SIEM (Mexican Business Information System.) Main links in the value chain (with few companies) Activity Number of companies MANUFACTURING OF THERMOPLASTIC RESIN PROFILES, PIPES AND CONNECTIONS 12 STEEL LAMINATES MANUFACTURING9 STEEL PIPES AND POSTS MANUFACTURING6 LAMINATION, EXTRUSION AND/OR DRAWING OF COPPER AND ITS ALLOYS 5 FERRO-ALLOY MANUFACTURING3 STEEL MANUFACTURING0 MANUFACTURING OF OTHER STEEL PRODUCTS0 Support links of the value chain (with few companies)  There are areas of opportunity in the automotive industry’s supply chain, in which supply companies are few. For example: Missing links in the production chain

13. Die-Casting Laminating Electrostatic Paint Metal Treatment Plastics Welding Machining Forging Die-Casting Sintering Mechanical Assembly Thermal Treatment Machining Die-Casting Forging Welding Sintering Thermal Treatment Metal Treatment Machining Forging Welding Die-Casting Thermal Treatment Metal Treatment Braking System Opportunity: 801 million dollars Machining Forging Welding Die-Casting Mechanical Assembly Thermal Treatment Metal Treatment Traction System Opportunity: 1.128 billion dollars Machining Die-Casting Mechanical Assembly Thermal Treatment Metal Treatment Plastics Safety System Opportunity: 650 million dollars Body Opportunity: 2.028 billion dollars Transmission System Opportunity: 1.190 billion dollars Suspension System Opportunity: 651 million dollars Required Processes for Automotive Parts Systems