52-Week Performance Chart

TOP MUTUAL FUND HOLDERS	POSITION
CT (Lux) III - Responsible Global Emerging Markets Equity	222,807
United Financial-Emerging Markets Equity Corporate Class	165,566
RAM (Lux) Systematic Funds - Emerging Markets Equities	118,480

Data provided by FactSet Research Systems Inc.

Important Notice to Investors of Unsponsored DRs and GDNs:

From time to time, BNY may pay a rebate to brokers that deposit shares with BNY for the issuance of unsponsored depositary receipts (DRs) or global depositary notes. BNY assumes no obligation or responsibility, and expressly disclaims any liability arising out of, or relating to, such rebates, including without limitation whether the rebate or any portion of it is passed on to the beneficial holders by the brokers.
Unsponsored DRs may be issued by multiple depositary banks servicing a particular DR program. Consequently, as a result of Depository Trust & Clearing Corporation (“DTCC”) practice, the actual cash distribution fees charged may differ from the BNY fees detailed in the fee schedule as fees will be charged in accordance with the fee schedule of the depositary bank that is considered to be the “First Filer”. The fees to be charged for any particular unsponsored cash distribution will be disclosed on the event announcement published by the “First Filer”. BNY takes no responsibility for the level of fees charged by any other depositary bank. The “First Filer” is the depositary bank that filed the first Form F-6 for a program with the U.S. Securities and Exchange Commission (“SEC”). In the event the actual “First Filer” does not have DRs outstanding for a program, the next depositary bank who filed a
Form F-6 with the SEC and has DRs outstanding will be deemed to be the First Filer for these purposes.

DR Details

DR Symbol	GMKKY
CUSIP	400131405
DR Venue	OTC
DR ISIN	US4001314057
Ratio DR:ORD	1:1
First Filer	BK
Underlying ISIN	MXP4948K1056
Underlying SEDOL	2392545
Country	México
Effective Date	Dec 28, 2015
Depositary	BK (Unsponsored)
Industry	Food Producers

Gruma is a holding company. Through its subsidiaries, the Company is engaged in the production of corn flour, which is used to make tortillas, tamales, enchiladas, chips, as well as different flatbreads. The Company's products are produced, marketed, and sold in Mexico, Costa Rica, the United States, Guatemala, Honduras, El Salvador, Nicaragua, Ecuador and Europe. In Central America, the Company produces rice, and has an agriculture related businesses engaged in harvesting hearts of palm and producing preservatives. Through its subsidiaries, the Company is also engaged in the design, manufacture and commercialization of tortilla machines and related equipment which are sold to supermarkets.

Data provided by Mergent, Inc.

Fee Type in US Dollar per ADS	Deposit Agreement
Annual Depositary Service	up to $0.1000
Cancellation	up to $0.1000
Cash Distribution	up to $0.1000
Issuance	up to $0.1000
Registrar Inspection	up to $0.0000
Cash Distribution(Other)	up to $0.1000
Rights - Issuance	up to $0.1000
Stock Dividend	up to $0.1000
Transfer	up to $0.0000
Cable Fee per Cancellation	$17.5000

Monthly Trading Summary

Month	Month End DR Close Price	DR Trading Volume	Avg Day DR Trading Volume
Apr.25	19.09	203	34
Mar.25	17.98	372	47
Feb.25	17.26	769	96

Depositary Receipts Foreign Exchange Pricing Disclosure

Gruma, S.A.B. de C.V. Homepage