4) Including 558 millions euros corresponding to the redemption of the bond component of the OBSA
in the third quarter of 2004 and 193 million euros corresponding to the early redemption, in March 2004, of nearly all the bonds convertible into Interpublic Group (IPG) shares.
GE Capital's strategic alliance with SERFIN, a holding company for financial services, brokerage and banking businesses, includes OBSA Leasing, OBSA Warehousing and OBSA Factoring.
OBSA Factoring and OBSA Warehousing already have the third largest market positions in Mexico, and OBSA Leasing, a new business, is growing rapidly.
OBSA Factoring is the third largest factoring business in Mexico, with an 8 percent share of the market.