Buenos Aires, March 29 th 2007
ILCA
Att.:  Mr. Jeff Martin                                                

I hereby report you about the great difficulties that we are going through in our country
regarding boat and accessory supply.

The company RIOTECNA is the official supplier in Argentina of all “LASER” items, totally
depending on the Chilean company “PRIMEX”.

Lately, material shipping has been disastrous, not only timing but also quality.
They lack stock, and they only manufacture previous orders, resulting in delivery
delays for more than 90 days.

Besides, the quality of the hull is getting worse and most of the mast and upper mast, in
the last shipping, got bent and broken, even though they were sailed by lightly
helmsmen and winds below 20 knots.

At the same time, we had problems with the delivery of identifying plaques of the
sail number, which they are usually not delivered with the boat, but arrive many weeks after.

Due to the huge expansion we are going through in our fleet and the active participation
of the existing “Laser” community, we are in urgent need to solve this problem in order to
keep the continuous participation of the Laser Class members in planned boat races in our
annual calendar.

We would really appreciate the application of the necessary mechanisms so we can easily
buy boats and accessories of the best quality.

Thank you in advance for your help. If any doubt arises, do not hesitate to contact us.
I look forward to hearing from you soon.
                                                

Sincerely,

Ing. Carlos Palombo
President
Argentine Laser Association