Ferrocarril del Pacifico SA (FEPASA) is a Chile-based company engaged in the provides railroad and freight trucking transportation and distribution services. The Company is active in the transport of a variety of goods, which are mainly aimed at the mining, forestry, agricultural, industrial and waste management sectors; such as cellulose, wooden boards, mineral concentrates, grains, chemicals and fuels, among others. It operates in an area that comprises 1,729 kilometers of railway tracks between the municipalities of La Calera and Puerto Montt and connects seven Chilean regions. As of December 31, 2011, the Company owned fully consolidated subsidiary Transportes FEPASA Ltda. In addition, Puerto Ventanas SA was the Company’s majority shareholder with 51.82% of its interest.