CARVAJAL WILLIAM VIDAL

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Activity signal Earnings

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Abbreviations B: Buy, S: Sell, PP: Planned purchase, PlS: Planned sale, PrS: Proposed sale, O: Option / Other

Notification date	Transaction date	Company	B/S Transaction type	Nb. shares Price Value	Number of shares	Price	Value
2004-05-13	2004-05-12	W Holding Company Inc (WHCI)	S Sale	34,044 +38.2% 396.48 US$3,720,635	34,044 +38.2%	396.48	US$3,720,635
2004-05-13	2004-05-12	W Holding Company Inc (WHCI)	S Sale	85,660 -47.8% 318.30 US$4,195,053	85,660 -47.8%	318.30	US$4,195,053
2004-05-13	2004-05-12	W Holding Company Inc (WHCI)	S Sale	75,602 +21.0% 35.69 US$597,327	75,602 +21.0%	35.69	US$597,327