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José Tomás Guzmán became a Director on April 30, 1986 and became Chairman of the board of directors on May 4, 2007. He served as Chairman of the board of directors from April 18, 1991 to January 4, 2005, when he voluntarily resigned, and as First Vice-Chairman of the board of directors from January 27, 2005 to May 4, 2007. He is a partner of the law firm Portaluppi, Guzmán y Bezanilla, is a Vice-Chairman of COPEC, Empresas Copec and Empresa Pesquera Eperva S.A., is Chairman of the board of directors of Forestal Arauco and Inversiones Siemel S.A., and serves as a member of the boards of directors of Compañía de Seguros de Vida Cruz del Sur S.A., Industrias Forestales S.A., Sigma S.A., Servicios Corporativos Sercor S.A., AntarChile, Corpesca S.A. and Astilleros Arica S.A. Mr. Guzmán holds a law degree from the Catholic University of Chile. | 