According to the contract, Ericsson will upgrade AMX's core
network from circuit-switched technology, based on AXE-10 exchanges,
to a future proof IP-based Softswitch solution.
Possible uses of the proceeds of the new rights offering would include
funding the expansion of the Company's membership warehouse club business,
the repayment of other debt, possible acquisitions, and/or other general
corporate purposes.

cia guatemala

It offers operators the opportunity to utilize
network resources for next-generation services in the most cost
efficient way, while continuing to profit from telephony services.
territory (four each in Panama and Costa Rica; two each in Dominican
Republic, El Salvador, Guatemala, Honduras , and Trinidad; and one each in
Aruba, Barbados, Jamaica, Nicaragua and the United States Virgin Islands ).

fact sheets

"This is the second
step of the strategy planned originally with AMX in Central America.0 million in the same period last year.

lanic embassy

This is the second Ericsson Telephony Softswitch contract that
Ericsson has won in Central America and Caribbean. SAN DIEGO, PriceSmart, Inc.-style
membership shopping warehouse clubs in Central America and the Caribbean,
selling high quality merchandise at low prices to PriceSmart members.

salvador caribbean

The Company previously announced that it was beginning to explore possible
transactions that would result in the termination of its SEC reporting
requirements, in part because of the significant additional expense, as well
as diversion of management time and attention, associated with implementing
and ongoing Section 404 compliance procedures. Other terms of the rights and the debt securities
subject to the rights have not yet been established by the Company.

bordered honduras

PriceSmart Announces February Sales; SEC Extension of Section 404 Compliance Dates Applicable to the Company Also Announced

About PriceSmart
PriceSmart, headquartered in San Diego, owns and operates U.

It is anticipated that the Company would register the offering under the
Securities Act of 1933 , as amended, but the Company has made no definitive
decision with respect to whether or when it would conduct the new rights
offering and no record date has been set. We assume no obligation and expressly
disclaim any duty to update any forward-looking statement to reflect events
or circumstances after the date of this presentation or to reflect the
occurrence of unanticipated events.

congress central

6% of Mexico's population.1% compared to the
same five-week period last year. These statements are subject to risks and uncertainties
that could cause actual results to differ materially, including the following
risks: the Company had a substantial loss in fiscal 2003, in fiscal 2004 and
the first quarter of fiscal 2005 and may continue to incur losses in future
periods; the Company is required to comply with financial covenants governing
its outstanding indebtedness and is out of compliance with certain covenants ,
which gives lenders the right to accelerate the Company's indebtedness; the
Company's financial performance is dependent on international operations; any
failure by the Company to manage its widely dispersed operations could
adversely affect its business; although the Company has taken steps to
significantly improve its internal controls, there may be material weaknesses
or significant deficiencies that the Company has not yet identified; the
Company is currently defending litigation relating to its financial
restatement; the Company faces significant competition; the Company may
encounter difficulties in the shipment of and inherent risks in the
importation of merchandise to its warehouse clubs; the success of the
Company's business requires effective assistance from local business people;
the Company is exposed to weather and other risks associated with
international operations; declines in the economies of the countries in which
the Company operates its warehouse clubs would harm its business; a few of the
Company's stockholders have control over the Company's voting stock, which
will make it difficult to complete some corporate transactions without their
support and may prevent a change in control; the loss of key personnel could
harm the Company's business; the Company is subject to volatility in foreign
currency exchange; the Company faces the risk of exposure to product liability
claims, a product recall and adverse publicity; a determination that the
Company's long -lived or intangible assets have been impaired could adversely
affect the Company's future results of operations and financial position; and
the Company faces increased costs and compliance risks associated with Section
404 of the Sarbanes-Oxley Act of 2002; as well as the other risks detailed in
the Company's SEC reports, including the Company's Form 10-Q filed pursuant to
the Securities Exchange Act of 1934 on January 14, 2005.

Honduras is bordered on the south by Nicaragua, on the north by the Caribbean sea, and on the west by Guatemala and El Salvador, with a short Pacific coast on its southwest.

factbook salvador

Providing
innovative solutions in more than 140 countries, Ericsson is helping
to create the most powerful communication companies in the world. America Movil has
subsidiaries and joint ventures in Guatemala, El Salvador, Honduras,
Nicaragua, Ecuador, Argentina, Colombia, Mexico, Brazil and United
States. These forward-looking statements include, but are
not limited to, statements containing the words "expect," "believe," "will,"
"may," "should," "project," "estimate," "scheduled ," and like expressions, and
the negative thereof.

figures latin

The overall solution will benefit both
AMX networks in El Salvador and Guatemala.7 million in February a year
earlier.
For the five weeks ended March 6, 2005, comparable warehouse sales for
warehouse clubs open at least 12 full months increased 11.
The now-deferred SEC rules implementing Section 404 require companies to
include in their annual reports management's assessment of internal controls
over financial reporting and accompanying auditors reports regarding
management's assessment.

This press release may contain forward -looking statements concerning the
Company's anticipated future revenues and earnings, adequacy of future cash
flow and related matters. Price, Interim Chief
Executive Officer (858) 551-2336; or John M.

This press release may contain forward-looking statements concerning the
Company's anticipated future revenues and earnings, adequacy of future cash
flow and related matters.

cia key

bbc salvador

It provides a
low-risk evolution of existing circuit-switched networks to an IP
multi-service platform. The Company is one of a
number of companies covered by a one-year extension of compliance dates for
"non-accelerated filers" announced by the SEC on March 2, 2005.

environment honduras

Previously, in
2004, Ericsson was selected by AMX to provide the same solution in
Guatemala.
Ericsson's Telephony Softswitch solution will cover the complete
fixed line telephony network including local, transit and
international network layers.
We expect to have more businesses in the near future, taken these
projects as a platform.4 million from $43.9 million from $306. For the twenty-six weeks ended March 6,
2005 , comparable warehouse sales for stores open at least 12 full months
increased 8.
territory (four each in Panama and the Philippines; three in Costa Rica; two
each in Dominican Republic, El Salvador , Guatemala, Honduras, and Trinidad;
and one each in Aruba, Barbados, Jamaica, Nicaragua and the United States
Virgin Islands). These forward-looking statements include, but are
not limited to, statements containing the words "expect," "believe,"
"will," "may," "should," "project," "estimate," "scheduled ," and like
expressions, and the negative thereof.

key islands

Ericsson is shaping the future of Mobile and Broadband Internet
communications through its continuous technology leadership.com/press

About AMX

America Movil is one of the most important telecom operators in
Mexico.

The total amount of debt securities the Company would seek to issue would
depend upon several factors, including the amount of funds raised through
the exercise of the Company's currently outstanding subscription rights to
purchase its common stock (announced on September 3, 2004 and which expires
on January 31, 2006). The offering
of any Company securities will be made only by means of a prospectus.

About PriceSmart

PriceSmart, headquartered in San Diego, owns and operates U.

bordered sheets

Heffner, Executive Vice President
and Chief Financial Officer (858) 404-8826.
On August 12, 2005, PriceSmart completed the sale of its interest in its
PriceSmart Philippines subsidiary.

lanic fact

Ericsson will also
provide the related implementation and support services."
Ericsson Telephony Softswitch solution gives AMX a secure
migration path to evolve their circuit-switched network to a
multi-service network.

For further information, please contact Robert E. (NASDAQ: PSMT) today
announced that it is considering a new rights offering, by which each
stockholder of the Company would be entitled to purchase new debt
securities issued by the Company.S.

environment fact

This project will allow AMX to evolve its current network to
a Next Generation Network (NGN).
"We are consolidating our position as technological strategic
partner with America Movil Central America in the wireline arena. For the six months ended February 28, 2005, net sales increased 8.
The Company also announced that it will have an additional year before it
will be required to comply with Securities and Exchange Commission rules
implementing Section 404 of the Sarbanes-Oxley Act.-style
membership shopping warehouse clubs in Central America , the Caribbean, and
Asia, selling high quality merchandise at low prices to PriceSmart members.S .

salvador factbook

key embassy

The
commercial launch will be in Q3, 2005. In El Salvador its trademark is Telecom.5%
to $331. These statements are subject to
risks and uncertainties that could cause actual results to differ
materially, including the following risks: the Company had substantial net
losses in fiscal 2003, 2004 and 2005, and may continue to incur losses in
future periods; if the Company fails to comply with covenants governing its
indebtedness, the lenders may elect to accelerate the Company 's
indebtedness and foreclose on the collateral pledged to secure the
indebtedness; the Company 's financial performance is dependent on
international operations which exposes the Company to various risks; any
failure by the Company to manage its widely dispersed operations could
adversely affect the Company's business; although the Company has taken and
continues to take steps to improve significantly its internal controls,
there may be material weaknesses or significant deficiencies that the
Company has not yet identified; the Company faces significant competition;
the Company faces difficulties in the shipment of and inherent risks in the
importation of merchandise to its warehouse clubs; the Company is exposed
to weather and other risks associated with international operations;
declines in the economies of the countries in which the Company operates
its warehouse clubs would harm its business; a few of the Company's
stockholders have control over the Company's voting stock, which will make
it difficult to complete some corporate transactions without their support
and may prevent a change in control; the loss of key personnel could harm
the Company's business; the Company is subject to volatility in foreign
currency exchange; the Company faces the risk of exposure to product
liability claims, a product recall and adverse publicity; a determination
that the Company's long -lived or intangible assets have been impaired could
adversely affect the Company's future results of operations and financial
position; and the Company faces increased costs and compliance risks
associated with compliance with Section 404 of the Sarbanes-Oxley Act of
2002; as well as the other risks detailed in the Company's SEC reports,
including the Company's Form 10-K filed pursuant to the Securities Exchange
Act of 1934 on November 29, 2005.

figures salvador

Actually, Ericsson is the only supplier who has sold Next
Generation Networks (NGN) in this region.4 percent of the
geographical area and 89.sv

About Telephony Softswitch

Ericsson Telephony Softswitch solution is a commercially proven
system that maintains and extends operator revenues.
More than 33 operators worldwide have selected Ericsson for their
Softswitch solution and 25 networks are in commercial service.9% to $48.S.

guatemala bbc

Ericsson Supplies Telephony Softswitch Solution to AMX in El Salvador

It is capable of carrying large and growing
volumes of voice and data traffic and enables integrated traditional
fixed telephony with IP-based broadband traffic on a single network. Certain
prior period amounts have been reclassified to conform to the current period
presentation. It is currently contemplated that the
Company would seek to issue debt securities with an aggregate principal
amount of $75 million to $100 million and that each stockholder of the
Company would be entitled to participate on a
pro-rata basis, based upon the number of shares owned as compared to the
number of outstanding shares of common stock on the record date for this
new rights offering.

statistical lanic

Business Editors/Telecommunications Writers

STOCKHOLM, Sweden----America Movil
(AMX), one of the largest telecommunications operators in Latin
America, has contracted Ericsson (NASDAQ:ERICY) for a total upgrade of
its fixed network to the Ericsson Telephony Softswitch solution in El
Salvador.telecom.
PriceSmart, Inc.

factbook latin

During 2004 we installed the installation of the first Engine node
with AMX Guatemala" said Moises Marquez , America Movil Account
Manager, Ericsson Central America + Caribbean.com.
PriceSmart now operates 26 warehouse clubs in 12 countries and one U. We assume no
obligation and expressly disclaim any duty to update any forward-looking
statement to reflect events or circumstances after the date of this
presentation or to reflect the occurrence of unanticipated events.

ambassador sheets

The Company has determined that it will be a "non-accelerated filer" for
the fiscal year ending August 31, 2005 because the aggregate market value of
the Company's common stock held by non-affiliates of the Company is less than
$75 million.S.

PRESS RELEASE PriceSmart Inc. Considering a Possible New Rights Offering

central caribbean

Under the trademark "Telcel" they provide mobile
telecommunication services, covering approximately 31.
(Nasdaq: PSMT) today announced that for the month of February 2005, net sales
increased 10 .

This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities of the Company.

statistical nicaragua

ericsson.
More information in: www.6%. Because the one-year extension
applies to PriceSmart, the Company now has additional time to consider
possible alternatives , and to implement any such transaction, before it would
have to comply with the rules implementing Section 404.