* Repsol YPF Background Information:

• Founded 1986
• Oil & gas operations in over 30 countries worldwide
• One of world’s 10 largest private oil companies
• Total assets approx US$ 60bn (2005)
• Oil Reserves > 1.16 billion boe (2005)
• Oil Production 531,000 bopd (2005)
• >35,000 employees worldwide
• Major investor in environmental, education, cultural, social and sporting initiatives