Club Hipico de Santiago SA is Chile-based company engaged in the operation and management of Club Hipico de Santiago, a thoroughbred horse race course located in the city of Santiago. The Club's main activities include the hosting of horse race, as well as the provision of such related support services as veterinary assistance, renting of event halls and bet placement. As of December 31, 2011, the Company held minor stakes in such entities as Club Hipico de Concepcion SA, Inmobiliaria Hipica Ltda, Transmision de Television Hipica Ltda, Tecnohipica Ltda and Hipodromo de Arica SA.

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