Relationships	Role	Relationship Start	Relationship End
J.P. Morgan International Finance Limited	Parent	7/31/1996	8/31/1996
Chase Manhattan Overseas Banking Corporation	Parent	5/31/1996	7/30/1996
Normanstone Investments, Inc.	Parent	12/29/1995	5/30/1996
Pacific C.T.C. Holdings, Inc.	Parent	11/30/1988	5/30/1996
Pacific Telephone Holdings, Inc.	Parent	12/29/1995	5/30/1996
Whitehaven Investments, Inc.	Parent	12/29/1995	5/30/1996
Pacific Telephone Holdings, Inc.	Parent	11/30/1988	12/28/1995
Pacific C.T.C. Holdings, Inc.	Parent	9/30/1988	11/29/1988
Pacific Telephone Holdings, Inc.	Parent	9/30/1988	11/29/1988
Pesquera Coloso S.A.	Subsidary	10/1/1995	8/31/1996
Compania De Telefonos De Chile S.A.	Subsidary	9/30/1988	6/29/1992

Acquisitions & Mergers	Role	Assets	Acct Method	Type	Transaction Date
Inversiones J.P. Morgan Limitada	Buyer			Discontinued	9/1/1996
Inversiones En Telecommunicaciones Y Otras Limitada	Seller			Discontinued	12/29/1995