UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                ----------------

                                    FORM F-X

           APPOINTMENT OF AGENT FOR SERVICE OF PROCESS AND UNDERTAKING


A. Name of issuer or person filing ("Filer"): DESC, S.A. DE C.V.

B. This is [check one]

   [X]  an original filing for the Filer
   [ ]  an amended filing for the Filer

C. Identify the filing in conjunction with which this Form is being filed:

   Name of registrant: DESC, S.A. DE C.V.

   Form type: FORM CB

   File Number (if known):

   Filed by: DESC, S.A. DE C.V.

   Date Filed (if filed concurrently, so indicate): MARCH 8, 2004 (CONCURRENTLY
WITH FORM CB)

D. The Filer is incorporated or organized under the laws of MEXICO

   and has its principal place of business at

                     PASEO DE LOS TAMARINDOS 400-B
                     BOSQUES DE LAS LOMAS, 05120
                     MEXICO, D.F.


                     Tel:  011-52-555-261-8000

E. The Filer designates and appoints CT CORPORATION ("Agent") located at

                     111 EIGHTH AVENUE, 13TH FLOOR

                     NEW YORK, NY  10003

                     Tel:  212-894-8600



          as the agent of the Filer upon whom may be served any process,
          pleadings, subpoenas, or other papers in:

          (a)  any investigation or administrative proceeding conducted by the
               Commission; and

          (b)  any civil suit or action brought against the Filer or to which
               the Filer has been joined as defendant or respondent, in any
               appropriate court in any place subject to the jurisdiction of any
               state or of the United States or of any of its territories or
               possessions or of the District of Columbia, where the
               investigation, proceeding or cause of action arises out of or
               relates to or concerns any offering made or purported to be made
               in connection with the securities registered or qualified by the
               Filer on Form CB on March 8, 2004 or any purchases or sales of
               any security in connection therewith. The Filer stipulates and
               agrees that any such civil suit or action or administrative
               proceeding may be commenced by the service of process upon, and
               that service of an administrative subpoena shall be effected by
               service upon such agent for service of process, and that service
               as aforesaid shall be taken and held in all courts and
               administrative tribunals to be valid and binding as if personal
               service thereof had been made.

F.   The Filer stipulates and agrees to appoint a successor agent for service of
     process and file an amended Form F-X if the Filer discharges the Agent or
     the Agent is unwilling or unable to accept service on behalf of the Filer
     at any time until six years have elapsed following the effective date of
     the latest amendment to the Filer's Form CB. The Filer further undertakes
     to advise the Commission promptly of any change to the Agent's name or
     address during the applicable period by amendment of this Form, referencing
     the file number of the relevant form in conjunction with which the
     amendment is being filed.

G.   The Filer undertakes to make available, in person or by telephone,
     representatives to respond to inquiries made by the Commission staff, and
     to furnish promptly, when requested to do so by the Commission staff,
     information relating to: the Form CB; the securities to which the Form CB
     relates; and the transactions in such securities.


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The Filer certifies that it has duly caused this power of attorney, consent,
stipulation and agreement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the Distrito Federal, Country of Mexico, this 8th
day of March, 2004.



                                   DESC, S.A. DE C.V., FILER


                                    /s/ Arturo D'Acosta Ruiz
                                   ---------------------------------------------
                                   Name: Arturo D'Acosta Ruiz
                                   Title: Chief Financial Officer



This statement has been signed by the following persons in the capacities and on
the dates indicated.



                                   CT CORPORATION, AGENT FOR SERVICE OF PROCESS

                                    /s/ Jill E. Kranz
                                   ---------------------------------------------
                                   Name:   Jill E. Kranz
                                   Title:  Assistant Secretary


                                   Date:     March 8, 2004



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