0000950123-04-007193 Sample Contracts

DESARROLLADORA HOMEX, S.A. DE C.V. AND JPMORGAN CHASE BANK, As Depositary AND HOLDERS OF AMERICAN DEPOSITARY RECEIPTS Deposit Agreement Dated as of , 2004
Deposit Agreement • June 8th, 2004 • Homex Development Corp. • Airports, flying fields & airport terminal services • New York

DEPOSIT AGREEMENT dated as of , 2004 (the “Deposit Agreement”) among DESARROLLADORA HOMEX, S.A. DE C.V. and its successors (the “Company”), JPMORGAN CHASE BANK, as depositary hereunder (the “Depositary”), and all holders from time to time of American Depositary Receipts issued hereunder (“ADRs”) evidencing American Depositary Shares (“ADSs”) representing deposited Shares (defined below). The parties hereto agree as follows:

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