Compania de Telecomunicaciones de Chile S.A.

"Bachelor’s Degree in Economics, Universidad Complutense de Madrid, Spain 42, became a director on April 22, 2003. In September 1999 he became CFO of Telefónica, S.A. He was appointed Chairman and Chief Executive Officer of Telefónica Internacional on 24 July 2002. He is a member of the following Boards of Directors: Telefónica de España, Telefónica Móviles, Telefónica Móviles España, Telefónica Data, Telefónica Internacional, Telefónica de Argentina, Telesp, Telefónica CTC Chile, Telefónica de Perú, Cointel, Compañía de Teléfonos de Chile Transmisiones Regionales, Telefónica Larga Distancia de Puerto Rico, China Netcom and the Supervisory Board of Cesky Telecom. Mr. Álvarez-Pallete holds a graduate degree in Economics from the Complutense University of Madrid. He also studied Economics at the Université Libre de Belgique."

"Commercial Engineer, Universidad de Chile 62, became a Series A director on April 26, 2001. He holds a bachelor' s degree in economics from the University of Chile. At present he is the General Director of the Chilean Federation of Industry (SOFOFA), member of the board of Security Holdings, a financial institution, and member of the board of Pilmaiquen Electrical Co.."

"Commercial Engineer, Universidad de Chile 57, became an alternate Series A director in April 2005. He is a member of the board of Zofri S.A., La Fuente Editores and Laboratorio City. He is also the Chairman of Sociedad de Inversiones y Asesorías Frutillar and founding partner of Portal del Arte S.A. He holds a commercial engineering degree from the Universidad de Chile."

"Commercial Engineer, Universidad de Chile Master’s Degree in Economics, University of California, Los Angeles (UCLA), USA 43, became an alternate Series A director on April 15, 2004. He is a member of the Commission of Risk Rating Securities that can be purchased by pension funds. Currently, he holds the positions of Dean and Professor of the School of Business and Economics at the Universidad de los Andes and Professor of the Department of Economics at the Universidad Católica de Chile. He holds a commercial engineering degree from the Universidad Católica de Chile, and has a master’s degree in economics from the University of California, Los Angeles."

"Accountant-Auditor, Universidad de Chile 66, became a Series A Director on April 26, 2001. He is the Chairman of the respective boards of directors of Metro S.A. He is General Manager and Partner of Inversiones El Olivar Ltda. He holds an accounting degree from the Universidad de Chile."

"Commercial Engineer, Universidad Católica de Chile Master’s Degree in Economics, University of Chicago, USA 51, became a Series A Director on April 15, 2004. He is the Chairman of Econsult, a consulting company. He holds a comercial engineering degree from the Universidad Católica de Chile and a master degree in economics, University of Chicago."

"Bachelor’s Degree in Economics, Universidad de Barcelona, Spain Ph.D. in Economics, Universidad Autónoma de Barcelona, Spain 63, became a Series A director and Deputy Chairman of the Board in July 2004. He is the Chairman of Fundación CIDOB, of the National Museum of Art of Catalunya, Deputy Chairman of Catalunya’s Advisory Board of Telefónica S.A., member of the Board of TELESP, Telefónica Internacional S.A. and Caixa Catalunya. Currently, he is a professor in Economic Theory at Universidad Autónoma de Barcelona. He holds an economics degree from Universidad de Barcelona and a Ph.D. in economics from Universidad Autónoma de Barcelona."

"Economist, Universidad Católica de Chile Ph.D. in Economics, Massachusetts Institute of Technology, USA. 45, became a Series A director in April 2005. He is a partner of P.Rojas & Asociados, an economic consulting company. Currently, he is professor of the Department of Economics at the Universidad Católica de Chile. He holds an economics degree from the Universidad Católica de Chile and a Ph.D., from MIT."