GRUPO TMM COMPLETES FIRST STEP OF STRATEGIC PROGRAM FOR ENHANCING AND ACCELERATING VALUE FOR 2005

Mexico City, April 1 2005 – Grupo TMM, S.A. (BMV: TMM A and NYSE: TMM) today announced it has closed the sale of its interest in Grupo TFM (TFM) to Kansas City Southern (KCS). As of today, the sale of TFM to KCS is worth approximately $600 million to TMM, which includes $200 million in cash, $47 million in a five percent promissory note that will be paid to TMM in June 2007, 18 million shares of KCS common stock now valued at over $355 million, and an additional $110 million in cash and stock will be paid by KCS upon completion of a settlement involving the VAT and Put lawsuits.

Headquartered in Mexico City, Grupo TMM is a Latin American multimodal transportation company. Through its branch offices and network of subsidiary companies, Grupo TMM provides a dynamic combination of ocean and land transportation services. Grupo TMM's web site address is www.grupotmm.com.