AUDIT PROPOSAL

Bogotá D. C., February 28, 2009

Gentlemen

Board of Directors

Haceb Industries S.A.

Bogotá D.C.

In accordance with your request, we are pleased to submit this proposal for an external audit of
the basic financial statements (Balance Sheet and Income Statements) for the years 2006 and
2007 of Industrias Haceb S.A., which has been prepared taking into account the scope of the
work and the volume of operations of the company.

A. NATURE AND PURPOSE OF THE WORK

The purpose of our work is to review the financial information and operations of the company for
the years 2006 and 2007, with the necessary scope to allow us to express an opinion on its basic
financial statements, namely:

> Balance Sheet (Financial Component)

> Income statement.

Supplementary information to the financial statements consisting of schedules, indexes, trends,

and comments that support certain financial statement figures.

In the course of our audit, after reviewing the established controls, administrative procedures,
accounting records and supporting documentation, we will make observations and
recommendations regarding the accounting-administrative organization, effectiveness of internal
controls and other audit aspects that have been found during the course of the work.

B. SCOPE OF WORK OF THE EXTERNAL AUDIT

1. To establish whether the company's financial statements for the years 2006 and
2007 reasonably reflect its financial situation and the results of its operations,
verifying that in the preparation thereof and in the transactions and operations that
originated them, the standards prescribed by the competent authorities and the
Generally Accepted Accounting Principles in Colombia were observed and
complied with.

2. The audit will be conducted in accordance with legal requirements and generally
accepted auditing standards in Colombia, and will therefore include tests of
 documentation, accounting books and records, and other auditing procedures that
we consider necessary under the circumstances.

Our audit procedures will include:

• Review and evaluation of the internal control system.

• Review of income, invoicing, disbursements and payroll testing.
• Evidence of the documentary evidence necessary to support the
transactions recorded in the accounts.
• Measurement of Financial Obligations and other securities.
• Direct confirmation of accounts payable, balances and other transactions
with banks and financial institutions.
• Proof of compliance with the rules prescribed by the provisions of the
Commercial Code and other legal regulations.
• Examination of the evidence supporting the amounts and disclosures in the
financial statements.
• Changes in accounting policies used, significant accounting estimates
made by management and the overall financial statement presentation.
• Examination of the company's organizational structure, objectives, strategic
plans, policies for achieving them and compliance with them.
• Tests to determine the reliability of the information and controls in place.
• Verification of the existence of adequate operating procedures and their
effectiveness.
• Other audit procedures that we consider applicable in the circumstances.

3. The scope of our audit will be based on selective tests sufficient to obtain
reasonable assurance about whether the information contained in the principal
accounting records and other source data is reliable as the basis for the
preparation of the financial statements and to enable us to obtain sufficient valid
evidence to form and justify the opinion we should express about the
reasonableness of the financial statements.

4. It is in the sense that as Auditors we will make the qualifications we consider

pertinent in case of important disparity on the application of the Accounting
Standards Generally Accepted in Colombia and the compliance with the legal
provisions and, the recommendations on the deviations observed, which require to
be corrected or improved to achieve greater efficiency in the operations and an
adequate protection of the company's assets.

5. At the end of the work, we will present our report on the reasonableness of the
following financial statements prepared by the entity's managers in the light of
 accounting techniques and legal standards:
6.
> Balance Sheet (Financial Component)
> Income statement.

7. In order to provide the best possible service, we will form a work group that, due to
its professional experience, its participation in similar works, in addition to its
knowledge, guarantees efficient and objective results.

C. WORK METHODOLOGY
Our approach is based on an understanding of the business and the market in which it
operates, the structure and the most relevant aspects of our approach are as follows:

1. Execute pre-work activities

In the interest of both the company and our firm, we will establish a mutual
understanding regarding the objectives and scope of the audit, the extent of our
responsibilities, the form of our report, the assistance expected from the company
in order to minimize costs and avoid duplication, the key dates for the development
of the work and the channels of communication that will exist between you and our
firm.

2. Preliminary planning
Our planning activities consist, among other things, of understanding the client's
business, its accounting process and performing preliminary analytical procedures.
Most of these activities involve gathering information that allows us to assess risk
at the account and potential error level and develop an appropriate audit plan. In
addition, we strive to understand senior management's business concerns, in
response to which we develop customer-service objectives.

3. Assessing risk
By understanding the control environment, i.e., the overall attitude, awareness and
actions of management and directors with respect to the importance of the entity's
internal control and seeking to identify specific risk factors that require special
attention in the development of our audit plan and their relationships to potential
errors, we can assess the risks involved. Potential errors are particular types of
errors related to the completeness, validity, recording and cutoff of particular
transactions, and to the valuation and presentation of items in the financial
statements prepared by management.

4. Establish the audit plan

Our audit plan is based on the analysis of the information gathered in the
preceding activities. In developing the plan, we first separate potential errors for
which we have identified specific risks from those for which we have not.

For each potential error for which we have identified a specific risk, we decide
 whether to: a) rely on controls that mitigate the specific risk and perform a basic
level of substantive testing, or b) perform focused substantive testing. The first
alternative may be adequate if effective controls exist and we can test them
efficiently. If we rely on controls that mitigate specific risks, we test them in the
course of the work. For potential errors for which we have not identified specific
risks, we decide whether to: a) rely on controls that contribute to the reliability of
the relevant systems and perform a basic level of substantive testing, or b) perform
an intermediate level of substantive testing. If we rely on controls that contribute to
the reliability of accounting systems, we may decide to test such controls under a
rotational plan.

5. Execute the audit plan

If we decide to rely on controls in preparing our audit plan, we generally test control
procedures and surveillance activities. We always perform substantive tests, which
consist of substantive analytical procedures, detailed tests or, in some cases, a
combination of both. In reaching the conclusion as to whether our audit scope was
sufficient and the financial statements are not materially misstated, we consider
both quantitative and qualitative factors in assessing the misstatements
encountered in performing the audit. We also review the financial statements with
the information we obtained in the audit and whether they are properly presented.

a. Testing the controls

Before relying on the controls we have identified, we will test to confirm that
they have been operating effectively and consistently throughout the
exercise. Testing of controls is normally based on corroborative
questionnaires supplemented by observation, examination of documentary
evidence or by re-testing. If the use of computers is pervasive, a systems
audit specialist normally designs and tests the performance of computer-
based controls. If our tests confirm that the controls are effective, we will
test at a basic level. If we conclude that the controls are not effective and
we cannot rely on them, we will have to modify our audit plan, increasing
the number of tests.

b. Perform substantive analytical procedures

Substantive analytical procedures involve comparing reported amounts with
an expectation of those amounts, developed from relevant financial or non-
financial data, in order to draw a conclusion as to whether the reported
amounts are free from material misstatement. If we plan to test a potential
error using substantive analytical procedures, we will take the following
steps:

• Develop an expectation of the amount recorded, based on relevant

financial or non-financial data.
 • Compare expectations with the recorded sum and identify
differences that require further investigation (those differences that
exceed a predetermined minimum threshold).
• Identify and corroborate explanations for variances that exceed the
minimum limit, through the execution of our new analysis or
questioning and review of documentation.

c. Carry out detailed tests

Detail tests are substantive procedures that require examination to support

the amounts in a population in order to determine whether the population is
free of material misstatements. If we plan to test a potential error using
detailed testing, we will identify the appropriate population, which may be
an account balance, a class of transactions, or a portion of transactions.
Then, we must either apply an appropriate sampling technique to select
items from the population and examine the supporting evidence for those
items, or examine the supporting evidence for the entire population.

d. Evaluate test results

Let us consider quantitative and qualitative factors in the evaluation of all
possible errors found by our substantive procedures. Based on the nature
and amount of the errors identified and the possibility of additional errors
not found, we must conclude, yes:

• The scope of our audit was sufficient or,

• The financial statements are not materially misstated.

If we conclude that the scope of our audit was not sufficient, we will have to
perform additional procedures. If we conclude that the financial statements
are materially misstated, we will discuss with the adjusting company.

e. Review the financial statements

We will review the financial statements to determine if:

• Taken together, they are consistent with our knowledge of the

client's business, our understanding of individual balances and
relationships, and our audit evidence.
• The accounting policies used in the preparation of the financial
statements are appropriate and adequately disclosed, as are any
changes in those policies.
• Balances and related disclosures are presented in accordance with
accounting policies, professional standards and legal and regulatory
requirements.
 f. Electronic data review and processing
A consultant from our systems group will perform a review of the area, to
the extent we deem necessary to enable us to obtain reasonable assurance
about the internal controls used in the processes.

6. Conclude and report

To conclude the audit, we perform a subsequent events review to determine
whether management has adequately disclosed material events and transactions
that occur or become known between the balance sheet date and the date of our
opinion.
We obtained management's representation letter, in which management
acknowledges its responsibility for the proper presentation of the financial
statements.
As a final stage of our commitment, we will issue the following reports, which will
be an official document when a meeting with the entity's directors has been held to
discuss their content, with the purpose of establishing their objectivity in relation to
the situations expressed in them:

a. Comments and recommendations on internal control

It is the general practice of our firm, in audit engagements, to issue letters
of constructive suggestions, containing the most relevant comments on
areas susceptible to change, which, once implemented, will allow
substantial improvements in the control of the entity's assets.
Our suggestions concern budgetary, accounting and control plans and are
always made at the level of detail required, according to the circumstances.
This implies that in many cases we must refer to specific accounts, if
warranted by the observations.

b. Opinion on the financial statements

The opinion on the financial statements (Balance Sheet and Income
Statement) will be issued after the conclusion of the field work. This report
will be issued in Spanish and the figures it contains will be expressed in
Colombian pesos.
The opinion on the entity's financial statements is based on the overall
conclusions of our audit. It may be unqualified if, in our professional
judgment, it fairly reflects the financial position of the entity as of the date
indicated and the results for the period under review.

It will have exceptions, for example, to the extent that uncertainties exist or
when a material area of the financial statements is not fairly presented.
Our opinion will be expressed, for example, when circumstances beyond
our control prevent us from performing the tests that are appropriate and
necessary for the expression of our opinion on situations or results that
 could be material.
We will refrain from expressing an opinion or give a negative opinion if, for
example, because of the conditions and circumstances encountered it is
not possible to perform our work, or when accounting practices that
materially misstate the financial statements are present.
Whatever the result of the work and the type of opinion or report we issue,
the adjusted and reclassified financial statements in accordance with the
circumstances found will be delivered to you for your analysis.

D. TERMS OF OUR AGREEMENT FOR THE AUDIT

1. The audit will be performed by Public Accountants appointed by our firm, under the
direction and responsibility of Public Accountant July Marcela Oliveros Amelines,
one of the partners of Auditores Avendaño Ltda.
2. We will act as independent professionals, without labor subordination, time or
schedule limitations, but with all the necessary amplitude to achieve an efficient
and decent professional performance.
3. In order to carry out our review, INDUSTRIA HACEB S.A. is obliged to maintain a
system of vouchers and orderly files, facilitate physical inspection of accounting
records and provide us with all the information necessary for the faithful fulfillment
of our obligation.
4. As the company has had a Statutory Auditor during the years under audit, we will
request INDUSTRIA HACEB S.A. authorization to review the work packages of the
Statutory Auditors in order to avoid duplication of work and cost savings in our
services.

E. PROFESSIONAL FEES
1. Our professional fees are related to the time to be invested in the work and the
responsibility involved, according to our billing rates and do not include value
added tax (VAT), or travel expenses caused when we have to perform audit tests
outside Bogota D.C., which will be for the account of Industrias Haceb S.A.
2. Based on this policy and taking into account the characteristics of the present
work, we have estimated our fees at $6,000,000 payable in three equal
installments of $2,000,000 each, as follows:
The first one in the week in which the work begins; the second one a month later
and the third one at the presentation of the report.
We have planned to develop the work in three months.
We will be pleased to provide any additional information you may need to make a
decision on this proposal.
In thanking you for the trust you place in us by requesting our professional
services, we subscribe as your attentive servants.

Sincerely yours,
 AUDITORES AVENDAÑO LTDA.
CHARTERED ACCOUNTANTS

JULY MARCELA OLIVEROS AMELINES

Professional Card 130001-T

LETTER OF COMMITMENT

FEBRUARY 28, 2009, BOGOTÁ D.C.

AUDITORES AVENDAÑO LTDA.

Avenida Bolívar 1N-14, Armenia Quindío

Gentlemen
BOARD OF DIRECTORS INDUSTRIAS HACEB S.A City.

In accordance with your request that we audit the Statements of Financial Position of
INDUSTRIAS HACEB S.A. as of December 31, 2008, corresponding to the Balance Sheet and
Income Statement. We hereby confirm our acceptance and understanding of this commitment.
We conducted our audit for the purpose of expressing an opinion on the financial statements.

We conducted our audit in accordance with generally accepted auditing standards in force in
Colombia. Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the financial statements are free from material misstatement. An audit
includes examining, on a test basis, evidence supporting the amounts and disclosures in the
financial statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall financial statement
presentation.
By virtue of the test nature and other inherent limitations of an audit, together with the inherent
limitations of any accounting and internal control system, there is an unavoidable risk that even
some misstatements may remain undiscovered.

In addition to our opinion on the financial statements, we expect to provide you with a separate
letter concerning any material weaknesses in the accounting and internal control systems that
come to our attention.

We remind you that the responsibility for the preparation of the financial statements, including
adequate disclosure, rests with the company's management. This includes the maintenance of
adequate accounting records and internal controls, the selection and application of accounting
policies, and the safeguarding of company assets. As part of our audit process, we will request
written confirmation from management regarding the representations made to us in connection
with the audit.
We expect full cooperation from your personnel and trust that they will make available to us all
records, documentation, and other information required in connection with our audit. Our fees,
which will be billed as the work progresses, are based on the time required by the people
assigned to the job plus direct expenses. Individual hourly rates vary according to the degree of
responsibility involved and the experience and expertise required.

This letter will be effective for future years unless cancelled, modified or substituted.

Please sign and return the enclosed copy of this letter to indicate your understanding and
agreement to the arrangements for our audit of the financial statements.

Sincerely yours,

AUDITORES AVENDAÑO LTDA.

CHARTERED ACCOUNTANTS

JULY MARCELA OLIVEROS AMELINES

Professional Card 130001-T
 AUDITORES AVENDAÑO LTDA.
GLOBAL AUDIT PLAN
CLIENT:INDUSTRIAS HACEB S.A AUDIT A: E. FINANCIALS
No. OPERATION
GENERAL AUDIT OBJECTIVES
1 Establish whether the company's financial statements for 2006 and 2007 reasonably
reflect its financial situation and the results of its operations,
2 Express an opinion on the 2007 Balance Sheet in terms of its financial component
(Liabilities and Equity).
3 To express an opinion on the 2007 Income Statement.
SPECIFIC AUDIT OBJECTIVES
1 To review the financial information and operations of the company for the years 2006
and 2007.

2 Verify that in the preparation of the Financial Statements and in the transactions and
operations that originated them, the standards prescribed by the competent authorities
and the Accounting Principles Generally Accepted in Colombia were observed and
complied with.
3 Make observations and recommendations about the accounting and administrative
organization, effectiveness of internal controls and other audit aspects that have been
found in the course of the work.

AUDIT PROCEDURES APPLICABLE TO THE PRELIMINARY AUDIT STAGE

1 Review and evaluation of the internal control system.

2 Review of income, billing, disbursements and payroll testing.

3 Evidence of the documentary evidence necessary to support the transactions recorded

in the accounts.

4 Measurement of Financial Obligations and other securities.

5 Direct confirmation of accounts payable, balances and other transactions with banks
and financial institutions.

6 Evidence of compliance with the rules prescribed by the provisions of the Commercial
Code and other legal regulations.

7 Examination of the evidence supporting the amounts and disclosures in the financial
statements.

8 Changes in accounting policies used, significant accounting estimates made by

management and the presentation of financial statements
 financials as a whole.

9 Tests to determine the reliability of the information and controls in place.

10 Verification of the existence of adequate operating procedures and their effectiveness.

11 Examination of the company's organizational structure, objectives, strategic plans,

policies for achieving them and compliance with them.

12 Other audit procedures that we consider applicable in the circumstances.

AUDIT PROCEDURES APPLICABLE TO THE INTERIM AUDIT STAGE

13 Test the controls.

14 Perform substantive analytical procedures.

15 Carry out detailed tests.

16 Evaluate test results.

17 Carry out the review of the financial statements.

18 Review and electronic data processing.

AUDIT PROCEDURES APPLICABLE TO THE FINAL AUDIT STAGE

19 Conclude and report with the completion of an opinion.

20 Comments and recommendations on internal control.

21 Opinion on the financial statements.

AUDITORES AVENDAÑO LTDA.

CHARTERED ACCOUNTANTS

JULY MARCELA OLIVEROS AMELINES

Professional Card 130001-T
 INDUSTRIAS HACEB S.A.

AUDIT STRATEGIC PLANNING MEMORANDUM

REVIEW OF FINANCIAL STATEMENTS

AS OF DECEMBER 31, 2008

I. TERMS OF REFERENCE

A. Responsibility for reporting

Statutory auditor's report on the first two basic financial statements as of December 31,
2004 and 2005.
AUGUST 30, 2008. Date of presentation: August 2008

Sending of special reports (results of planning and preliminary visits and internal control
letters at the end of each visit).

Internal control letters (for local management) At the end of each visit.

B. Signing of documents in compliance with their duties as Statutory Auditors;

See corresponding tax calendar:

Withholding tax returns - Monthly

VAT Return - Bimonthly

Industry and Commerce Declaration - Bimonthly

Income and asset tax return - Annual

Other certifications - On request

II. BUSINESS DESCRIPTION
DROGUERÍA SU INTEGRIDAD LTDA, is a partnership, whose capital is divided
into 8,000 quotas or shares of social interest, with a unit value of $20,000.
It sells baby products, toiletries, pharmaceuticals and birth control products.
"LA DROGUERÍA SU INTEGRIDAD LTDA", is located at Avenida Bolívar Nº 2640,
Armenia, whose telephone number is 745 - 10 - 10, belongs to the Common Regime,
VAT and Income Withholding Agent, was created on January 1, 2007, legally recognized
by Public Deed Nº 14.gimen, VAT and Income Withholding Agent, was created on
January 01, 2007, legally recognized by Public Deed No. 14.450, Mercantile Registration
Nº 20.205 and Business Registry Nº 20.206 and, fiscally by means of the Tax Registry Nº
12.205, was assigned Tax Identification Number 810.350.430-8 and authorization for
invoicing No. 30205, with a range from Invoice AAA 0001 to AAA 10.000.

FINANCIAL INFORMATION
Current Assets:
The Fund is segregated as follows:
It is the company's policy that at the end of the accounting period (month) cash should be
worth $6'050,000:

Cashier's Office $5´700.000

Petty Cash $350.000

Cash at banks is distributed as follows:

Bancolombia Checking Account N $19´000.000
290.528.395 O.

Bancafé Checking Account NO. $9´000.000

225.385.258

New York Bank Checking Account NO. 25'706.495, in U.S. dollars.

845.259.258.258.2

The savings accounts are in the Banco Cafetero, with a monthly yield of 4 percentage
points. Performance Date, on the 12th day of each month.
The advance payment of taxes and contributions is divided as follows:
ACCOUNT NAME VALUE

Withholding At Source Operational Sales 6´250.000

 Non-operating sales 990.604

The Customer line item is broken down as follows: $29'267.007

AUXILIARY NAME NO. FTA VENC. BALANCE

COPFAMI, R.C. 920 120 days $18´250.145

Drugstore
National La Rebaja Drugs 958 110 days $ 8.100.000

Orfary Drugstore 1027 160 days $2´916.862

The provision for trade receivables is made by the general method.

Inventories are broken down as follows:

Taxation Article Quantity Vr. Unitary Vr. Total

Diapers 700 $10.000 $7´000.000

Engraved Shampoo 320 $12.500 $4´000.000

Alcohol 2.500 $1.200 $3´000.000

Bandages 1.000 $5.000 $5´000.000

Excluded Oral Contraceptives 560 $12.500 $7´000.000

It is the Company's policy to have an inventory provision of 5% of the Merchandise

available for sale.

Revenues Receivable:

Proportional Causation of Interest Amount

Savings Accounts $87.400

Shares $48.000

Bonds $64.800

Fixed Assets:
The land is located in an urban area, whose address is Avenida Bolivar No. 26-40,
Armenia.
By means of a cadastral appraisal, it was determined that the real value of the land is
$20'450.000.
The constructions and buildings have an initial date of January 01, 2007, located at
Avenida Bolivar No. 26-40, Armenia. Its face value was $36,000,000.
The face value of the Office Equipment is $1'450,000. They were purchased on the same
day as the company's opening.
Office equipment consists of furniture and fixtures such as a set of armchairs (45%) and
equipment such as organizers (55% of the purchase value).
The Computer and Communication Equipment has an initial value of $4'000,000.

This caption is comprised as follows:

Quantity Active Vr. Unitary Vr. Total

3 COMPAQ Computers $1´200.000 $3´600.000

1 RHL Communication System $400.000 $400.000

The fleet and transportation equipment is broken down as follows:

Quantity Active Vr. Unitary Vr. Total

3 AKT 222 Motorcycles $2´050.000 $6´150.000

1 Transport Car (Van) $5´450.000 $5´450.000

Other Assets:
Shares: 2,000 shares with a unit value of $1,200 were purchased from ECOPETROL for
an indefinite period with a monthly return of 10 percentage points of the value of the
investment. The date of purchase was April 25, 2007.
The bonds are public bonds in local currency, with a face value of $10,000, amount 30
bonds. They were purchased on March 7, 2008. In addition, they have a return (monthly)
of 27% (Simple Interest) of their face value.
Deferred Charges pertain to the purchase of office stationery, for 5 months, in the amount
of $1'300,000; such purchase was made on May 20, 2008.
Prepaid expenses pertain to the purchase of insurance for Fixed Assets, for an amount of
$1'160,000, for a period of 12 months. The Purchase was made on May 02, 2008.
Current Liabilities:
Withholding at Source belongs to Operating Purchases.
Payroll withholdings and contributions are broken down as follows: (Payroll is comprised
of 5 employees - 3 Operative, 2 Administrative)

Withholding or General Employee %

Contribution Discrimination

EPS 33 Administrative 40

Operations 60

ARP 2 Administrative 40

Operations 60

PARAFISCALS 24 Administrative 40

Operations 60

BACKGROUND DE 41 Administrative 40
PENSIONS
Operations 60

Domestic suppliers are comprised of (from the consolidated balance sheet):

Grupo Farmacéutico del Quindío, G.C. - 45% is owed.
Famidrogas del Quindío, R. C Withholding Agent - 30% C Withholding Agent - 30% C
Withholding Agent - 30% C Withholding Agent - 30% C
Drogas de Armenia S.A, R.C - 25%.
The costs and expenses payable are caused by the loan with Santander bank, executed
on January 25, 2008.

Sales tax belongs to:

Article %

Diapers 24

Shampoo 26

Alcohol 50

Social Benefits

Interest on Service Premium

Vacations
severance
1/3
payments 1/6
Severance pay
1/6
1/3
Admon. Oper. Admon. Oper. Admon. Oper. Admon. Oper.

40% 60% 40% 60% 40% 60% 40% 60%

The income tax corresponds to the provision for the current fiscal year.

Non-Current Liabilities:

The financial obligations pertain to a loan made with Banco Santander for a period of 10
months, with linear capital payment, and at a monthly rate of 4%. Credit approved for
$20'000,000, on January 25, 2008.

The social contributions are distributed as follows:

Partner Participation (C.O.P.I.S.)

Maria Fernanda Lopez 3.000

Antonia Marin 2.500

Faber Camacho 2.500

The surplus earned corresponds to the current fiscal year.

GROSS OPERATING PROFIT MARGIN
 The Company expects a Gross Operating Profitability, according to the following table.
Article Operational Profitability

Diapers 35%

Shampoo 45%

Alcohol 40%

Bandages 30%

Imported Bandages 50%

Oral Contraceptives 25%

AVERAGE RETURN 37.5%

III. CUSTOMER EXPECTATIONS

Prior to the start of our work, we met with Messrs. MARIO PATRICIO MOLANO PINZÓN,
legal representative; CLAUDIA SOPHIA VASQUEZ CARVAJAL, Public Accountant;
IGNACIO CUERVO TORRES, general secretary and treasurer. Executive representatives
before the board of partners of the company, DROGUERÍA SU INTEGRIDAD LTDA, and
we were informed that the main expectations regarding the development of our work as
EXTERNAL AUDITORS for the AUGUST 2008 period are the following:

a. In general, receive our comments on the quality of accounting, existence of potential

litigation, and evaluation of the internal control structure.

b. Receive our comments on the application developed at DROGUERÍA SU

INTEGRIDAD LTDA, with a SPECIFIC FINANCIAL SCOPE ON THE REAL AND PROFIT
ACCOUNTS.

c. Receive our comments on the proper administration of the resources destined for
INVESTMENT and those coming from FINANCING.

d. Receive our comments regarding the efforts being made by the Company's
management with its SUPPLIERS.

e. Receive our advice in the tax area of the Company, in order to optimize the resources
for this concept.
f. Receive advice on the actual and estimated labor items, in relation to a better business
performance.
IV. CONTROL ENVIRONMENT
AUDITORES & AUDITORES DE COLOMBIA has audited the Company's financial
statements for several years and we have observed that management maintains attitudes
and disciplines that provide reasonable assurance that the internal accounting controls in
use significantly reduce audit risks. In addition, in the course of our reviews we have not
detected any significant errors and therefore no significant adjustments have been
suggested. The financial statements are a true and fair reflection of the normal course of
business operations. There are no accounting entries that can be based on significant
subjective events that affect the financial statements.
However, your recommendations in this regard will be well received and implemented at
the time you deem appropriate.
V. ACCOUNTING POLICIES
The main accounting policies adopted by DROGUERÍA SU INTEGRIDAD LTDA, for the
preparation of its financial statements, which are the basis of our work, are summarized
as follows:
The rules regulated by Decrees 2649 are followed:
The exchange difference (arising from obligations in foreign currency for the purchase of
products traded abroad) and the recording of the valuation of fixed assets based on
technical appraisals.
It is the company's policy that at the end of the accounting period (month) general cash
should have a value of $5'700,000 and petty cash of $350,000.
To cause proportionally the financial returns from savings accounts, stocks and bonds.
Calculate the inventory allowance, equivalent to 5% of the merchandise available for sale.
Calculate the portfolio provision using the general method.
Depreciation of depreciable fixed assets, using the straight-line method.
To adjust at the end of the period the balance of the New York Bank.
Amortize deferred charges and prepaid expenses.
To provide social benefits
Any others that correspond to the accounting technique and legal regulations.
For the purposes of our audit work from AUGUST 01, 2008 to AUGUST 30, 2008, we will
take into account these criteria in order to give our opinion on their proper application.
VI. SIGNIFICANT FINANCIAL FACTORS
The most important events that occurred during AUGUST 2008, and that have an impact
on our audit plan are the following:
1. Representative variation in the result for the year: at the beginning of the audited
period a relatively high profit was recorded compared to the result at the end of the
same period.
2. According to the AUGUST P&G, gross operating income is below expectations.
3. According to the information presented in the P&G, Operating Expenses are higher
than net operating income.
4. The temporary functionality that non-operating items are fulfilling; both income and
expenses.
5. High liquidity surpluses are presented in the financial information (especially in banks).
VII. PRELIMINARY DECISIONS FOR FINANCIAL COMPONENTS
In our AUDIT PLAN FOR THE AGREED PERIOD, we will include substantive audit tests
to verify the SUSTAINABILITY, MATERIALITY AND REASONABILITY of the accounts, in
accordance with generally accepted accounting principles and internal company policies.
IX. BASIS FOR OTHER AUDIT STRATEGY DECISIONS
a) Areas of Emphasis:
Taking into account the relative importance of the figures, the probable risk of error, the
transactions involved and the procedures and controls used by the client, the emphasis of
our tests will concentrate on the following areas:
Balances as of August 30, 2008 of: Cash, Banks, Inventory, Clients, Shares, Tax items,
L.P. financial obligations, earned surplus and P&G accounts.
We will spare no effort to make Internal Control recommendations, if necessary.
b) Statistical sampling:
We will perform statistical auditing techniques, sampling and other techniques deemed
necessary during the execution of the work.
c) Coordination with third parties:
We will approach new sources of information other than those of the company, by means
of lawyers' letters, management letters, circularization of clients, and suppliers, and other
significant third parties in the normal performance of the company's business, for an
optimal endorsement of the audit work.
d) Work schedule:
Key dates

1. Audit Work Planning

 February 09 to 28, 2009
2. Formulation and Execution of the Internal Control Questionnaire
March 01 to 14, 2009
3. Formulation and execution of the audit program
March 15 to May 14, 2009
4. External Audit Opinion
May 15 to 30, 2009
e) Responsible personnel
AUDITORES & AUDITORES S.A.
Legal Responsible Parties:
DARIO MOLANO y,
ABRAHAM FELIPE GALLEGO GALLEGO JIMÉNEZ
 f) This strategic planning memorandum is prepared during the month of February 2009,
with the intention of EVALUATING THE EXISTENCE, MATERIALITY AND
REASONABILITY OF THE FINANCIAL AND INTERNAL CONTROL INFORMATION, of
DROGUERÍA SU INTEGRIDAD LTDA, during the period of AUGUST 2008; according to
the information obtained through the analysis of the financial statements involved at the
closing of the corresponding period, administrative, organizational and strategic material
of the company and conversations held with officials related to the client.
The general guidelines of the Horw ath International Audit Manual were followed.
Prepared by:

Aux. Audit - Date: Aux. Audit - Date:

eviewed by:

Manager - Date: Manager - Date:

pproved by:

Membership Meeting - Date: Membership Meeting - Date: