-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JgktdX0aeBnLuMkn0OgS5HnegjRdqKgxgj2sVJyy++B8Sf5oFslzTowYIMd79rK/ L3L5fPRVUgI01AX6I+7oJg== 0001104659-09-030129.txt : 20090507 0001104659-09-030129.hdr.sgml : 20090507 20090506210759 ACCESSION NUMBER: 0001104659-09-030129 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 6 FILED AS OF DATE: 20090507 DATE AS OF CHANGE: 20090506 GROUP MEMBERS: BILL & MELINDA GATES FOUNDATION TRUST GROUP MEMBERS: MELINDA FRENCH GATES GROUP MEMBERS: WILLIAM H. GATES III SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GRUPO TELEVISA, S.A.B. CENTRAL INDEX KEY: 0000912892 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-60431 FILM NUMBER: 09803159 BUSINESS ADDRESS: STREET 1: AV VASCO DE QUIROGA 2000 STREET 2: COLONIA SANTA FE CITY: MEXICO, D.F. STATE: O5 ZIP: 01210 BUSINESS PHONE: (5255) 52612000 MAIL ADDRESS: STREET 1: AV VASCO DE QUIROGA 2000 STREET 2: COLONIA SANTA FE CITY: MEXICO, D.F. STATE: O5 ZIP: 01210 FORMER COMPANY: FORMER CONFORMED NAME: GRUPO TELEVISA S A DATE OF NAME CHANGE: 19931202 FORMER COMPANY: FORMER CONFORMED NAME: GRUPO TELEVISA S A DE CV DATE OF NAME CHANGE: 19931001 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CASCADE INVESTMENT LLC CENTRAL INDEX KEY: 0001052192 IRS NUMBER: 911680459 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 2365 CARILLON POINT CITY: KIRKLAND STATE: WA ZIP: 98033 BUSINESS PHONE: 4258030720 MAIL ADDRESS: STREET 1: 2365 CARILLON POINT CITY: KIRKLAND STATE: WA ZIP: 98033 SC 13D 1 a09-12741_1sc13d.htm SC 13D

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934
(Amendment No.   )*

 

GRUPO TELEVISA, S.A.B.

(Name of Issuer)

 

Series A Shares (“A Shares”)
Series B Shares (“B Shares”)
Dividend Preferred Shares (“D Shares”)
Series L Shares (“L Shares”)

(Title of Class of Securities)

 

40049J206 (1)

(CUSIP Number)

 

 

Matthew S. Topham, Esq.

 

Laurie Smiley, Esq.

K&L Gates LLP

925 Fourth Avenue, Suite 2900

 

Arian Colachis, Esq.

2365 Carillon Point

Seattle, Washington 98104

 

Kirkland, WA  98033

(206) 623-7580

 

(425) 889-7900

 

 

 

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

April 30, 2009

(Date of Event Which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.x

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

(1) CUSIP number is for the Global Depositary Shares (“GDSs”) only.  Each GDS represents five certificados de participación ordinarios (“CPOs”), each of which currently comprises twenty-five A Shares, twenty-two B Shares, thirty-five D Shares and thirty-five L Shares.  No CUSIP number exists for the underlying CPOs, A Shares, B Shares, D Shares or L Shares.

 



 

CUSIP No.   40049J206

 

1.

Names of Reporting Persons
Cascade Investment, L.L.C.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or (e)  o

 

 

6.

Citizenship or Place of Organization
State of Washington

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
2,645,050,000 A Shares; 2,327,644,000 B Shares; 3,703,070,000 D Shares; 3,703,070,000L Shares
(1)

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
2,645,050,000 A Shares; 2,327,644,000 B Shares; 3,703,070,000 D Shares; 3,703,070,000 L Shares
(1)

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
2,645,050,000 A shares; 2,327,644,000 B Shares; 3,703,070,000 D Shares; 3,703,070,000 L Shares
(1)

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  o

 

 

13.

Percent of Class Represented by Amount in Row (11)
2.4% of A Shares; 4.5% of B Shares; 4.5% of D Shares; 4.5% of L Shares

 

 

14.

Type of Reporting Person (See Instructions)
OO

 


(1) Cascade Investment, L.L.C. (“Cascade”) beneficially owns 105,802,000 certificados de participación ordinarios (“CPOs”) either directly or in the form of Global Depositary Shares (“GDSs”).  Each CPO represents 25 Series A Shares (“A Shares”), 22 Series B Shares (“B Shares”), 35 Series D Shares (“D Shares”) and 35 Series L Shares (“L Shares”).  All GDSs and CPOs beneficially owned by Cascade may be deemed to be beneficially owned by William H. Gates III as the sole member of Cascade.  Michael Larson, the Business Manager of Cascade, has voting and investment power with respect to the GDSs and CPOs beneficially owned by Cascade.  Mr. Larson disclaims any beneficial ownership of the GDSs and CPOs beneficially owned by Cascade and Mr. Gates.

 



 

CUSIP No.  40049J206

 

1.

Names of Reporting Persons
Bill & Melinda Gates Foundation Trust

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or (e)  o

 

 

6.

Citizenship or Place of Organization
State of Washington

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
-0-

 

8.

Shared Voting Power
1,115,462,500 A Shares; 981,607,000 B Shares; 1,561,647,500 D Shares; 1,561,647,500 L Shares
(1)

 

9.

Sole Dispositive Power
-0-

 

10.

Shared Dispositive Power
1,115,462,500 A Shares; 981,607,000 B Shares; 1,561,647,500 D Shares; 1,561,647,500 L Shares
(1)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,115,462,500 A Shares; 981,607,000 B Shares; 1,561,647,500 D Shares; 1,561,647,500 L Shares
(1)

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  o

 

 

13.

Percent of Class Represented by Amount in Row (11)
1.0% of A Shares; 1.9% of B Shares; 1.9% of D Shares; 1.9% of L Shares

 

 

14.

Type of Reporting Person (See Instructions)
OO

 


(1)

Bill & Melinda Gates Foundation Trust (the “Trust”) beneficially owns 44,618,500 certificados de participación ordinarios (“CPOs”) either directly or in the form of Global Depositary Shares (“GDSs”).  Each CPO represents 25 Series A Shares (“A Shares”), 22 Series B Shares (“B Shares”), 35 Series D Shares (“D Shares”) and 35 Series L Shares (“L Shares”).  All GDSs and CPOs beneficially owned by the Trust may be deemed to be beneficially owned by William H. Gates III and Melinda French Gates as the Co-Trustees of the Trust.  Michael Larson has voting and investment power with respect to the GDSs and CPOs beneficially owned by the Trust.  Mr. Larson disclaims any beneficial ownership of the GDSs and CPOs beneficially owned by the Trust or Mr. and Mrs. Gates.

 



 

CUSIP No. 40049J206

 

1.

Names of Reporting Persons
Melinda French Gates

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or (e)  o

 

 

6.

Citizenship or Place of Organization
United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
-0-

 

8.

Shared Voting Power
1,115,462,500 A Shares; 981,607,000 B Shares; 1,561,647,500 D Shares; 1,561,647,500 L Shares 
(1)

 

9.

Sole Dispositive Power
-0-

 

10.

Shared Dispositive Power
1,115,462,500 A Shares; 981,607,000 B Shares; 1,561,647,500 D Shares; 1,561,647,500 L Shares
  (1)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,115,462,500 A Shares; 981,607,000 B Shares; 1,561,647,500 D Shares; 1,561,647,500 L Shares
  (1)

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  o

 

 

13.

Percent of Class Represented by Amount in Row (11)

1.0% of A Shares; 1.9% of B Shares; 1.9% of D Shares; 1.9% of L Shares

 

 

14.

Type of Reporting Person (See Instructions)
IN

 


(1)  Bill & Melinda Gates Foundation Trust (the “Trust”) beneficially owns 44,618,500 certificados de participación ordinarios (“CPOs”) either directly or in the form of Global Depositary Shares (“GDSs”). Each CPO represents 25 Series A Shares (“A Shares”), 22 Series B Shares (“B Shares”), 35 Series D Shares (“D Shares”) and 35 Series L Shares (“L Shares”).  All GDSs and CPOs beneficially owned by the Trust may be deemed to be beneficially owned by William H. Gates III and Melinda French Gates as the Co-Trustees of the Trust.  Michael Larson has voting and investment power with respect to the GDSs and CPOs beneficially owned by the Trust.  Mr. Larson disclaims any beneficial ownership of the GDSs and CPOs beneficially owned by the Trust or Mr. and Mrs. Gates.

 



 

CUSIP No. 40049J206

 

1.

Names of Reporting Persons
William H. Gates III

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or (e)  o

 

 

6.

Citizenship or Place of Organization
United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
2,645,050,000 A shares; 2,327,644,000 B Shares; 3,703,070,000 D Shares; 3,703,070,000 L Shares
(1)

 

8.

Shared Voting Power
1,115,462,500 A Shares; 981,607,000 B Shares; 1,561,647,500 D Shares; 1,561,647,500 L Shares 
(2)

 

9.

Sole Dispositive Power
2,645,050,000 A shares; 2,327,644,000 B Shares; 3,703,070,000 D Shares; 3,703,070,000 L Shares
(1)

 

10.

Shared Dispositive Power
1,115,462,500 A Shares; 981,607,000 B Shares; 1,561,647,500 D Shares; 1,561,647,500 L Shares 
(2)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,760,512,500 A Shares; 3,309,251,000 B Shares; 5,264,717,500 D Shares; 5,264,717,500 L Shares
(1) (2)

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  o

 

 

13.

Percent of Class Represented by Amount in Row (11)
3.4% of A Shares; 6.4% of B Shares; 6.4% of D Shares; 6.4% of L Shares

 

 

14.

Type of Reporting Person (See Instructions)
IN

 


(1)          Cascade Investment, L.L.C. (“Cascade”) beneficially owns 105,802,000 certificados de participación ordinarios (“CPOs”) either directly or in the form of Global Depositary Shares (“GDSs”).  Each CPO represents 25 Series A Shares (“A Shares”), 22 Series B Shares (“B Shares”), 35 Series D Shares (“D Shares”) and 35 Series L Shares (“L Shares”).  All GDSs and CPOs beneficially owned by Cascade may be deemed to be beneficially owned by William H. Gates III as the sole member of Cascade.  Michael Larson, the Business Manager of Cascade, has voting and investment power with respect to the GDSs and CPOs beneficially owned by Cascade.  Mr. Larson disclaims any beneficial ownership of the GDSs and CPOs beneficially owned by Cascade and Mr. Gates.

 

(2)          Bill & Melinda Gates Foundation Trust (the “Trust”) beneficially owns 44,618,500 CPOs either directly or in the form of GDSs.  Each CPO represents 25 Series A Shares (“A Shares”), 22 Series B Shares (“B Shares”), 35 Series D Shares (“D Shares”) and 35 Series L Shares (“L Shares”).  All GDSs and CPOs beneficially owned by the Trust may be deemed to be beneficially owned by William H. Gates III and Melinda French Gates as the Co-Trustees of the Trust.  Mr. Larson has voting and investment power with respect to the GDSs and CPOs beneficially owned by the Trust.  Mr. Larson disclaims any beneficial ownership of the GDSs and CPOs beneficially owned by the Trust or Mr. and Mrs. Gates.

 



 

Item 1.

Security and Issuer

 

This statement relates to Global Depository Shares (“GDSs”) of Grupo Televisa, S.A.B. (the “Issuer”). Each GDS  represents five certificados de participación ordinarios (“CPOs”), each of which currently comprises twenty-five A Shares, twenty-two B Shares, thirty-five D Shares and thirty-five L Shares.   The CUSIP number for the GDSs is 40049J206.  No CUSIP number exists for the underlying CPOs, A Shares, B Shares, D Shares or L Shares.  The principal executive offices of the Issuer are located at Avenida Vasco de Quiroga No. 2000, Colonia Santa Fe, 01210 Mexico City D.F., Mexico.

 

Item 2.

Identity and Background

 

(a)     This statement is being filed jointly by Cascade Investment, L.L.C. (“Cascade”), Bill & Melinda Gates Foundation Trust (the “Trust”), William H. Gates III and Melinda French Gates. The foregoing persons are hereinafter sometimes referred to collectively as the “Reporting Persons.”  Neither the present filing nor anything contained herein shall be construed as an admission that the Reporting Persons constitute a “group” for any purpose and the Reporting Persons expressly disclaim membership in a group.

 

(b)-(c)  Cascade is a limited liability company solely owned by Mr. Gates and organized under the laws of the State of Washington to hold his investments. The address of Cascade’s principal place of business and principal office is 2365 Carillon Point, Kirkland, Washington  98033.

 

The Trust is a charitable trust established under the laws of the State of Washington.  The Trust was established to invest and manage the endowment assets of Bill & Melinda Gates Foundation (the “Foundation”) and to separate the investment activities of the endowment from the program and grant-making work of the Foundation. The address of the principal place of business and principal office of the Trust is 1551 Eastlake Avenue E., Seattle, Washington  98102.

 

Mr. Gates, a natural person, is the Chairman of the Board of Microsoft Corporation.  Mr. Gates is the sole member of Cascade and a Co-Trustee of the Trust. The address of his principal office and principal place of business is One Microsoft Way, Redmond, Washington 98052.

 

Mrs. Gates, a natural person, is a Co-Trustee of the Trust. The address of her principal office and principal place of business as Co-Trustee of the Trust is 1551 Eastlake Avenue E., Seattle, Washington  98102.

 

The executive officers and persons controlling Cascade are set forth on Exhibit 99.1, which is attached hereto and incorporated herein by reference.  Exhibit 99.1 sets forth the following information with respect to each such person: (i) name; (ii) business address; (iii) present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted; and (iv) citizenship.

 

The Co-Trustees of the Trust are set forth in Exhibit 99.2, which is attached hereto and incorporated herein by reference.  Exhibit 99.2 sets forth the following information with respect to each such person: (i) name; (ii) business address; (iii) present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted; and (iv) citizenship.

 

(d)-(e)     During the last five years, none of the Reporting Persons nor any person named in Exhibit 99.1 or 99.2 has been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 



 

(f)     Mr. Gates and Mrs. Gates are citizens of the United States of America.

 

Item 3.

Source and Amount of Funds or Other Consideration

 

During the past sixty days, Cascade and the Trust purchased 500,000 and 608,100 GDSs, respectively, for an aggregate purchase price of $6,849,350 and $8,300,833.99, respectively.  Each of Cascade and the Trust purchased the GDSs with its own capital.

 

Item 4.

Purpose of Transaction

 

The Reporting Persons acquired their respective GDSs and/or CPOs for investment purposes. On April 30, 2009, the shareholders of the Issuer adopted resolutions appointing Mr. Larson to the Board of Directors of the Issuer.  This Schedule 13D is being filed in connection with such appointment.  Prior to the date hereof, the Reporting Persons had on file with the Securities and Exchange Commission a Schedule 13G with respect to their beneficial ownership of the GDSs and/or CPOs of the Issuer, initially filed on July 30, 2003.

 

In connection with Mr. Larson’s appointment, the Reporting Persons made a filing under the Hart-Scott-Rodino Antitrust Improvements Act (the “HSRA”).  Subject to the termination or expiration of the waiting period under the HSRA, compliance with any other legal or regulatory restrictions and market conditions, the Reporting Persons intend to acquire additional securities of the Issuer from time to time.

 

The Reporting Persons intend to continuously review their investment in the Issuer and reserve the right to change their plans and intentions at any time, as they deem appropriate, and to take any and all actions that they may deem appropriate to maximize the value of their investment.  The Reporting Persons may at any time and from time to time, in privately negotiated transactions or otherwise, acquire additional securities of the Issuer and/or dispose of all or a portion of the securities of the Issuer that the Reporting Persons now own or may hereafter acquire.  The Reporting Persons may formulate other plans or proposals regarding the Issuer or its securities to the extent deemed advisable by the Reporting Persons in light of their general investment policies, market conditions, subsequent developments affecting the Issuer and the general business and future prospects of the Issuer.

 

Except as set forth herein, the Reporting Persons have no current intention, plan or proposal with respect to items (a) through (j) of Item 4 of Schedule 13D.

 

Item 5.

Interest in Securities of the Issuer

 

(a)     See items 11 and 13 of the cover pages to this Schedule 13D for the aggregate number and percentage of class A, B, D and L Shares beneficially owned by each of the Reporting Persons.

 



 

(b)     See items 7 through 10 of the cover pages to this Schedule 13D for the number and percentage of class A, B, D and L Shares beneficially owned by each of the Reporting Persons as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote and sole or shared power to dispose or to direct the disposition.

 

(c)     During the past sixty days, Cascade and the Trust purchased 500,000 and 608,100 GDSs, respectively, for cash in open market transactions on the date and for the weighted average purchase prices set forth in Exhibits 99.3 and 99.4, respectively, which are attached hereto and incorporated herein by reference.

 

(d)     None.

 

(e)     Not applicable.

 

Item 6.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

Other than the relationships mentioned above and except for the Joint Filing Agreement, dated May 6, 2009, included on the signature page attached hereto, to the knowledge of the Reporting Persons, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in Item 2 and between such persons and any persons with respect to any securities of the Issuer, including, but not limited to, transfer or voting of any of the securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.

 

Item 7.

Material to be Filed as Exhibits

 

Exhibit 99.1

 

List of each executive or person controlling Cascade

 

 

 

Exhibit 99.2

 

List of each Co-Trustee of the Trust

 

 

 

Exhibit 99.3

 

Date and purchase price of GDSs by Cascade in the past sixty days

 

 

 

Exhibit 99.4

 

Date and purchase price of GDSs by the Trust in the past sixty days

 

 

 

Exhibit 99.5

 

Special Limited Power of Attorney appointing Alan Heuberger attorney-in-fact, dated August 12, 2008, by and on behalf of William H. Gates III and Melinda French Gates as Co-Trustees

 



 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 Date:  May  6, 2009

CASCADE INVESTMENT, L.L.C.

 

 

 

By 

*

 

 

 

Name:

Alan Heuberger(1)

 

 

Title:

Attorney-in-fact for Michael Larson,

 

 

 

Business Manager

 

 

 

 

 

BILL & MELINDA GATES FOUNDATION TRUST

 

 

 

By

*

 

 

 

Name:

Alan Heuberger (2)

 

 

Title:

Attorney-in-fact for each of the Co-
Trustees, William H. Gates III and
Melinda French Gates

 

 

 

 

 

WILLIAM H. GATES III

 

 

 

 

 

By

*

 

 

 

Name:

Alan Heuberger(2)(3)

 

 

Title:

Attorney-in-fact

 

 

 

 

 

 

 

MELINDA FRENCH GATES

 

 

 

 

 

By

*

 

 

 

Name:

Alan Heuberger (2)

 

 

Title:

Attorney-in-fact

 

JOINT FILING AGREEMENT

 

We, the signatories of the statement to which this Joint Filing Agreement is attached, hereby agree that such statement is filed, and any amendments thereto filed by any or all of us will be filed on behalf of each of us.

 

Date:  May  6, 2009

CASCADE INVESTMENT, L.L.C.

 

 

 

 

 

By 

*

 

 

 

Name:

Alan Heuberger (1)

 

 

Title:

Attorney-in-fact for Michael Larson,

 

 

 

Business Manager

 

 

 

 

BILL & MELINDA GATES FOUNDATION TRUST

 

 

 

 

 

By

*

 

 

 

Name:

Alan Heuberger (2)

 

 

Title:

Attorney-in-fact for each of the Co-
Trustees, William H. Gates III and
Melinda French Gates

 


 

 

WILLIAM H. GATES III

 

 

 

 

By 

*

 

 

 

Name:

Alan Heuberger (2) (3)

 

 

Title:

Attorney-in-fact

 

 

 

 

 

 

 

 

 

MELINDA FRENCH GATES

 

 

 

 

 

By

*

 

 

 

Name:

Alan Heuberger (2)

 

 

Title:

Attorney-in-fact

 

 

 

 

 

*By: 

 /s/Alan Heuberger

 

 

 

Alan Heuberger

 


 

(1)   Duly authorized under Special Limited Power of Attorney appointing Alan Heuberger attorney-in-fact, dated  August 12, 2008, by and on behalf of Michael Larson, and attached as Exhibit 99.1 to Amendment No. 1 to Cascade’s Schedule 13D with respect to Otter Tail Corporation filed on April 15, 2009, SEC File No. 005-06638 and incorporated by reference herein.

 

(2)   Duly authorized under Special Limited Power of Attorney appointing Alan Heuberger attorney-in-fact, dated August 12, 2008, by and on behalf of William H. Gates III and Melinda French Gates III as Co Trustees, and attached hereto as Exhibit 99.5.

 

(3)   Duly authorized under Special Limited Power of Attorney appointing Alan Heuberger attorney-in-fact, dated August 12, 2008, by and on behalf of William H. Gates III, and attached as Exhibit 99.2 to Amendment No. 1 to Cascade’s Schedule 13D with respect to Otter Tail Corporation filed on April 15, 2009, SEC File No. 005-06638 and incorporated by reference herein.

 

EX-99.1 2 a09-12741_1ex99d1.htm EX-99.1

EXHIBIT 99.1

 

Following is a list of each executive officer, director or person controlling Cascade Investment, L.L.C., setting forth the business address and present principal employment (and the name and address of any corporation or organization in which such employment is conducted) of each person.  The persons named below are citizens of the United States of America.

 

Name

William H. Gates III

 

Position with Cascade
Member

 

Principal Employment and
Business Address

Chairman of the Board
Microsoft Corporation
One Microsoft Way
Redmond, WA 98052

 

 

 

 

 

Michael Larson

 

Business Manager

 

Business Manager
Cascade Investment, L.L.C.
2365 Carillon Point
Kirkland, WA 98033

 

EX-99.2 3 a09-12741_1ex99d2.htm EX-99.2

EXHIBIT 99.2

 

Following is a list of each Co-Trustee of Bill & Melinda Gates Foundation Trust setting forth the business address and present principal employment (and the name and address of any corporation or organization in which such employment is conducted) of each person.  The persons named below are citizens of the United States of America.

 

Name

 

Position with Foundation

 

Principal Employment and
Business Address

William H. Gates III

 

Co-Trustee

 

Chairman of the Board
Microsoft Corporation
One Microsoft Way
Redmond, WA 98052

 

 

 

 

 

Melinda French Gates

 

Co-Trustee

 

Co-Trustee
Bill & Melinda Gates Foundation Trust
1551 Eastlake Avenue E.
Seattle, Washington 98102

 

EX-99.3 4 a09-12741_1ex99d3.htm EX-99.3

EXHIBIT 99.3

 

The table below specifies the date, amount and weighted average price per GDS purchased by Cascade Investment, L.L.C. during the past sixty days.  All transactions were effected in the open market on the New York Stock Exchange or Electronic Communication Networks.

 

Purchase Date

 

Number of GDSs Purchased

 

Weighted Average Price Per GDS

 

Range of Price Paid Per Day

 

3/23/2009

 

500,000

 

$

 13.6637

 

$             13.56 - 13.85

 

 

EX-99.4 5 a09-12741_1ex99d4.htm EX-99.4

EXHIBIT 99.4

 

 

The table below specifies the date, amount and weighted average price per GDS purchased by Bill & Melinda Gates Foundation Trust during the past sixty days.  All transactions were effected in the open market on the New York Stock Exchange or Electronic Communication Networks.

 

 

Purchase Date

 

Number of GDSs Purchased

 

Weighted Average Price Per GDS

 

Range of Price Paid Per Day

 

3/16/2009

 

72,000

 

 

$

13.2626

 

$  

13.24

- 13.32

 

3/23/2009

 

524,500

 

 

$

13.6632

 

$  

13.25

- 13.87

 

3/24/2009

 

11,600

 

 

$

13.7483

 

$  

13.49

- 14.11

 

 

EX-99.5 6 a09-12741_1ex99d5.htm EX-99.5

EXHIBIT 99.5

 

 

Special Limited Power Of Attorney

 

The undersigned, Michael Larson, pursuant to lawfully granted authority by the Co-Trustees (the “Co-Trustees”) of the Bill & Melinda Gates Foundation Trust (the “Trust”) hereby appoints Alan Heuberger with full power to act as attorney-in-fact, on behalf of the Co-Trustees and in the Co-Trustees’ name, place and stead, to execute, acknowledge, deliver and/or file, any documents or filings and any amendments thereto made by or on behalf of the Trust or the Co-Trustees in respect of any securities or other investments held by the Trust, directly, indirectly or beneficially, with the Securities and Exchange Commission, including, without limitation: (i) Schedules 13D ,13G and 13F pursuant to Section 13 of the Securities Exchange Act of 1934 (the “Act”) and (ii) Forms 3, 4 and 5 pursuant to Section 16 of the Act. The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity, is not assuming any of the Trust’s or the Co-Trustees’ responsibilities to comply with such laws.

 

This Special Limited Power of Attorney shall remain in full force and effect with respect to the foregoing attorney-in-fact until withdrawn by the undersigned or the Co-Trustees of the Trust by written notice to such attorney-in-fact.

 

Nothing herein is intended to destroy or alter the rights of the undersigned to also act as attorney-in-fact for the Trust or the Co-Trustees of the Trust under any Power of Attorney separately granted to the undersigned by the Trust or the Co-Trustees of the Trust.

 

 

IN WITNESS WHEREOF, the undersigned has caused this Special Limited Power of Attorney to be executed as of this 12th day of August, 2008.

 

 

  /s/ Michael Larson

 

 

  Michael Larson

 

 

State of Washington

)

 

) ss

County of King

)

 

I certify that I know or have satisfactory evidence that Michael Larson is the person who appeared before me, and said person acknowledged that he signed this instrument as his free and voluntary act for the uses and purposes mentioned in the instrument.

 

Dated:  August 12, 2008

 

 

/s/ Christine Welch

 

 

Christine Welch

 

Notary Public

 

My commission expires:  2/19/2009

 

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