With this emission, FondoMicro is the first and only institution to service of the micro and small company in the Republic Of the Dominican Republic operating in the Stock exchange. Likewise it places FondoMicro among a select group of institutions of micro finance at world level that you/they have been able to be integrated to the market of capitals. By means of this emission, FondoMicro has been able to integrate to the segment of the Micro and Small Company to the most advanced financial instruments in the financial market of the Dominican Republic.

Emission: RD$30,000,000.00
Expirations 60, 90 and 180 days

FONDOMICRO (in the it advances "The Originator"), a private and existent institution of conformity with the laws of the Republic Of the Dominican Republic, will offer to discretion Commercial Papers (in the it advances "Holding" or Commercial" "Paper) denominated in pesos of the Dominican Republic, until an I mount total RD$30,000,000.00. The Titles will be nominal notes and they will be entitled the same that other emissions that he/she can carry out the institution in the future.

This emission of commercial paper is registered in the Stock exchange of the Republic Of the Dominican Republic, Inc. (BVRD) with the number ER-99-2. That which means that they have been fulfilled their regulations in what concerns to the authorization application for the public offer of the titles described in this handout. This doesn't imply that it recommends the investment in such values neither it represents favorable or unfavorable opinion on the perspectives of the business.

FONDOMICRO gives the present handout exclusively in order to facilitating the potential investor its investment decision in the titles related with the present emission. Any declaration or guarantee, expressed or implicit, is made by the sale agent, payment, redemption and transfer, as for the reach or to the accuracy of the information contained in this handout.

The date of this handout is January 15, 1999.