P D R
e-receipt: aaaa-1001
THIS P D R,
IS A DOLLAR-DENOMINATED NEGOTIABLE CERTIFICATE,
ISSUED ELECTRONICALLY BY
FUNDACION PAYPRO
LEGALLY AUTHORIZED BY LAW 25 OF THE 25th JUNE 1995
OF THE REPUBLIC OF PANAMA,
TO ACT AS A DEPOSITORY FOR ANY TYPE OF REAL OR FINANCIAL ASSET
AND TO HOLD SUCH ASSETS IN SAFEKEEPING
ON BEHALF OF AND FOR THE BENEFIT OF ITS BENEFICIARIES WHICH MAY BE LEGAL ENTITIES OR NATURAL PERSONS OF GOOD STANDING.
THIS P D R HEREBY CERTIFIES THAT
JUAN VALDEZ SANTANA
IS THE BENEFICIAL OWNER OF
1 (ONE) BLOCK OF 10,000 (TEN THOUSAND) SHARES
@ US$100.00 OF:
PANAMERSA CORPORATION
A U.S. PUBLIC COMPANY REGISTERED IN THE STATE OF NEVADA, U.S.A.
THIS P D R CAN BE CANCELLED FOR ITS UNDERLYING SHARES AT ANY TIME.
BENEFICIAL OWNERSHIP OF THIS P D R IS NEGOTIABLE
AND MAY BE TRANSFERRED AT ITS CURRENT VALUE
TO A THIRD PARTY THROUGH FUNDACION PAYPRO OR A DESIGNATED AGENT.
e-receipt: aaaa-1001
Issued in the Republic of Panama, 27 November 2006.
