Grupo Wisa P.O Box 3294 Colon Free Zone Colón Panama Republic Tel: + 507 433 7000 Fax: + 507 433 7070

President: Abdul Wacked

The WAcKED Group becomes Grupo Wisa

New name, new image, but same dedication to excellence.

In 2005, Waked Group has changed his name with a new corporate identify that the company says better reflects the type of organization that it has evolved into today.

The company has been for over 20 years dedicating to wholesale and travel retail distribution of luxury goods, such as fragrances, cosmetics, watches, sunglasses, luggage, liquor, tobacco and confectionery. The business has expanded to several duty free stores in Central America, Colombia and Ecuador, as well as cruise ship terminals stores and shipchandling in Belize, Cartagena , Panama, and Ecuador. Also, the organization has successfully established its own subsidiaries to service Central and South American local markets.

After 20 years in business, Waked Internacional becomes Grupo Wisa. The company is much bigger than it ever was before, and much more Internacional. We are using the new name and new logo as a way to refresh our image, following the trend of many other large companies.

One thing that has not changed is the involvement of the Waked Family. Abdul Waked and his son Hamudi remain actively involved in all aspects of its operations. “We dot not want to lose the value inherent in our name, which has benn built up ove the past 20 years“

Hub airports attract traffic

Actually, Grupo Wisa has duty free stores in different countries of Latin America. It becomes a more important destination and these hub airports are handling flights to Europe, to North America and to other parts of South America.

First local stores in Panama

In March 2005, Grupo Wisa opened the first three stores in local market in the new Multiplaza Pacific Mall.

Luxo Store carries a range of branded handbags, trolleys, luggage, travel equipment and leather from Tumi, Victorinox, Delsey, Longchamp, Versace, Benetton and Kipling.

La Hora is an elegant watch store carrying a mix of exclusive and designer brands including Blanpain, Glashuette, Corum, Breitling, Corum, Maurice Lacroix, Mido, Certina, Longines and others important brands.

The Multiplaza Pacific Mall is also the site of Wisa’s first ever La Riviera fragrance store in the Panamanian local market. La Riviera is the jewel of the Wisa empire.

Besides the new store in Panama, the company presently has 30 La Riviera stores in Colombia, and plans to have between 36 and 40 in operation throughout the region including in Peru, Costa Rica and El Salvador by the end ot 2006. The beautiful La Riviera in the Multiplaza mall is strategically located in the mall’s central corridor. La Riviera is a specialized brand offering image, quality and luxury in fragrance, cosmetics and treatment. To make offers two ultraluxurious spas, one for men and one for women, The spas offer products from all of the brands carried in the store.

Grupo Wisa believes that another key to keeping the loyalty of its customers is to continually offer new products and experiences not available in the country before.