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Revision History For: TERRA NETWORKS (TELEFONICA INTERACTIVA) TRRA

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Provider of Internet access and local-language interactive content and services to users in the Spanish-and Portuguese-speaking world.

Nov 15-16, Lead Underwriter, GOLDMAN SACHS & CO

Currently provides Internet access services in Spain, Brazil, Mexico, Peru, Chile and Guatemala and operate Internet portals serving these countries and Argentina. Through joint venture with Internet Discount Telecommunications Corp. (IDT),they recently launched Internet access service in the United States targeted at the U.S. Hispanic market. In addition, in the first quarter of 2000 they plan to launch portals serving the U.S. Hispanic market and several additional Latin American countries, including Colombia and Venezuela. Developing online interactive solutions for advertising and marketing, and electronic commerce and related activities in all of their markets.

For a complete description see:

ostman.com