UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 6-K

REPORT OF FOREIGN ISSUER

PURSUANT TO RULE 13a-16 OR 15b-16 OF

THE SECURITIES EXCHANGE ACT OF 1934

For ~~January~~February, 2009

Distribution and Service D&S, Inc.

(Translation of registrant’s name into English)

Avenida Presidente Eduardo Frei Montalva 8301

Quilicura, Santiago, Chile

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F

Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A

~~Material~~Distribución ~~Event~~y Servicio S.A. Reports Financial Results for Fiscal Year and Fourth Quarter of 2008

Santiago, ~~January~~Chile, 29Feb. 27, 2009 - Distribución y Servicio (NYSE: DYS) today reported results for the four quarter and the year ended Dec. 31, 2008.

MrDistribución y Servicio D&S S.A. IV Quarter Results 2008

~~Guillermo~~Results ~~Larraín~~of ~~Ríos~~Operations -Period January-December 2008

Chairperson

	2008									2007									Var.
	Ch$			US$						Ch$			US$
	millions			millions			%			millions			millions			%			%

Sales		1,749,084			2,748.2			81.8	%		1,703,896			2,677.2			82.1	%		2.7	%
Other Income		388,287			610.1			18.2	%		371,498			583.7			17.9	%		4.5	%
Net revenues		2,137,372			3,358.3			100.0	%		2,075,395			3,260.9			100.0	%		3.0	%

Cost of sales		1,527,580			2,400.2			71.5	%		1,486,803			2,336.1			71.6	%		2.7	%
Gross Income / Margin		609,792			958.1			28.5	%		588,592			924.8			28.4	%		3.6	%
Recurring Operating Expenses		445,034			699.2			20.8	%		415,394			652.7			20.0	%		7.1	%
Start-up Expenses		880			1.4			0.0	%		1,734			2.7			0.1	%		-49.2	%
Total Operating Expenses (SG&A)		445,914			700.6			20.9	%		417,128			655.4			20.1	%		6.9	%
EBITDA		163,879			257.5			7.7	%		171,464			269.4			8.3	%		-4.4	%

Depreciation		48,833			76.7			2.3	%		65,726			103.3			3.2	%		-25.7	%
Total Operating Expenses		494,747			777.4			23.1	%		482,855			758.7			23.3	%		2.5	%
Operating Income		115,045			180.8			5.4	%		105,737			166.1			5.1	%		8.8	%
Financial Expenses		(27,785	)		(43.7	)		-1.3	%		(31,691	)		(49.8	)		-1.5	%		-12.3	%
Other Non-operating Income (Expenses)		(28,994	)		(45.6	)		-1.4	%		(6,423	)		(10.1	)		-0.3	%		351.4	%
Monetary Correction		(31,086	)		(48.8	)		-1.5	%		(527	)		(0.8	)		0.0	%		5803.7	%
Non-Operating Income		(87,866	)		(138.1	)		-4.1	%		(38,641	)		(60.7	)		-1.9	%		127.4	%
Income before Tax		27,179			42.7			1.3	%		67,096			105.4			3.2	%		-59.5	%
Income Tax		(6,166	)		(9.7	)		-0.3	%		(9,725	)		(15.3	)		-0.5	%		-36.6	%
Minority Interest		(15	)		(0.0	)		0.0	%		(1	)		(0.0	)		0.0	%		996.3	%
Income		20,998			33.0			1.0	%		57,370			90.1			2.8	%		-63.4	%
Amortization of Goodwill		-			-			0.0	%		-			-			0.0	%

Net Income		20,998			33.0			1.0	%		57,370			90.1			2.8	%		-63.4	%

~~Securities~~Exchange ~~and~~rate ~~Insurance~~US$=Ch$636.45 ~~Agency~~as of Dec 31, 2008

~~Libertador Bernardo~~Distribución ~~O'Higgins~~y AvServicio D&S S.A. ~~1449~~IV Quarter Results 2008

~~Santiago~~Results –of RMOperations - Fourth Quarter 2008

CHILE

	2008									2007									Var.
	Ch$			US$						Ch$			US$
	millions			millions			%			millions			millions			%			%

Sales		477,472			750.2			81.9	%		465,126			730.8			81.8	%		2.7	%
Other Income		105,619			166.0			18.1	%		103,708			162.9			18.2	%		1.8	%
Net revenues		583,091			916.2			100.0	%		568,834			893.8			100.0	%		2.5	%

Cost of sales		417,843			656.5			71.7	%		408,474			641.8			71.8	%		2.3	%
Gross Income / Margin		165,248			259.6			28.3	%		160,359			252.0			28.2	%		3.0	%
Recurring Operating Expenses		123,837			194.6			21.2	%		108,749			170.9			19.1	%		13.9	%
Start-up Expenses		429			0.7			0.1	%		600			0.9			0.1	%		-28.6	%
Total Operating Expenses (SG&A)		124,266			195.2			21.3	%		109,349			171.8			19.2	%		13.6	%
EBITDA		40,982			64.4			7.0	%		51,011			80.1			9.0	%		-19.7	%

Depreciation		12,892			20.3			2.2	%		17,255			27.1			3.0	%		-25.3	%
Total Operating Expenses		137,158			215.5			23.5	%		126,604			198.9			22.3	%		8.3	%
Operating Income		28,090			44.1			4.8	%		33,755			53.0			5.9	%		-16.8	%
Financial Expenses		(9,338	)		(14.7	)		-1.6	%		(9,460	)		(14.9	)		-1.7	%		-1.3	%
Other Non-operating Income (Expenses)		(25,978	)		(40.8	)		-4.5	%		(3,203	)		(5.0	)		-0.6	%		711.0	%
Monetary Correction		(11,830	)		(18.6	)		-2.0	%		144			0.2			0.0	%		-8342.4	%
Non-Operating Income		(47,146	)		(74.1	)		-8.1	%		(12,520	)		(19.7	)		-2.2	%		276.6	%
Income before Tax		(19,056	)		(29.9	)		-3.3	%		21,235			33.4			3.7	%		-189.7	%
Income Tax		1,820			2.9			0.3	%		(1,643	)		(2.6	)		-0.3	%		-210.8	%
Minority Interest		(28	)		(0.0	)		0.0	%		(4	)		(0.0	)		0.0	%		537.0	%
Income		(17,264	)		(27.1	)		-3.0	%		19,588			30.8			3.4	%		-188.1	%
Amortization of Goodwill		-			-			0.0	%		-			-			0.0	%

Net Income		(17,264	)		(27.1	)		-3.0	%		19,588			30.8			3.4	%		-188.1	%

~~Dear~~Exchange rate MrUS$=Ch$636. ~~Larraín:~~45 as of Dec 31, 2008

~~This communication~~Distribución isy ~~made~~Servicio inD&S ~~compliance of rules contained in article 9th and second paragraph of article 10th of law No~~S. ~~18,045, and paragraph 2~~A.2 ofIV ~~Section~~Quarter IIResults ~~of General Rule No. 30 of your agency. The information contained herein is delivered purporting a timely, complete and accurate disclosure of events and~~2008

~~information~~FECU ~~relating~~– toBalance Distribución y Servicio D&S S.A. (“D&S”), its businesses and/or the securities issued by D&S, which are under a tender offer, at the moment that the fact happened or at the knowledge of D& S. The information disclosed herein below shall be deemed relevant information by any knowledgeable person in the conducting of his/her investment decisions.Sheets

In merit of the foregoing statement, I hereby inform you under the character of a MATERIAL EVENT, that in the ordinary session held today, 29 of January of 2009, took place the following changes in the board of directors, the committee of directors and the management of D&S:Assets

1. The director Mrs. Verónica Edwards Guzmán and the directors Mr. Jonny Kulka Fraenkel, Fernando Larraín Cruzat, Francisco Gana Eguiguren and Felipe Larraín Bascuñán, have resigned to the board of directors. Mrs. Verónica Edwards Guzmán and Mr. Jonny Kulka Fraenkel, Fernando Larraín Cruzat and Francisco Gana Eguiguren resigned personally in the act of the director meeting. Mr. Felipe Larraín Bascuñán presented its resignation by letter sent to the president of the board, Mr. Felipe Ibáñez Scott.

Currency in thousand (Ch$ and US$)	ThCh$			ThUS$			ThCh$			ThUS$			%
Type of Balance Statement: Consolidated	to 31/12/2008			to 31/12/2008			to 31/12/2007			to 31/12/2007			Change

Total Current Assets		506,010,526			795,051			447,297,316			702,800			13.1	%
Cash and cash equivalents		31,853,328			50,048			47,222,308			74,196			-32.5	%
Time deposits		-			-			-			-			-
Marketable securities (net)		80,112			126			1,706,696			2,682			-95.3	%
Sales debtors (net)		183,099,791			287,689			116,773,639			183,477			56.8	%
Notes receivable (net)		362,738			570			9,324,729			14,651			-96.1	%
Sundry debtors (net)		33,339,767			52,384			34,715,236			54,545			-4.0	%
Documents and accounts receivable from related companies		2,059,688			3,236			3,221,983			5,062			-36.1	%
Inventories (net)		182,952,126			287,457			171,766,377			269,882			6.5	%
Refundable taxes		49,893,919			78,394			39,977,784			62,814			24.8	%
Prepaid expenses		3,947,743			6,203			2,865,236			4,502			37.8	%
Deferred taxes		6,839,195			10,746			5,730,424			9,004			19.3	%
Other current assets		11,582,119			18,198			13,992,904			21,986			-17.2	%
Leasing contracts (net)		-			-			-			-			-
Assets for leasing (net)		-			-			-			-			-
Total Fix Assets		873,831,566			1,372,978			820,760,577			1,289,592			6.5	%
Land		250,915,236			394,242			241,843,466			379,988			3.8	%
Buildings and infrastructure		679,941,915			1,068,335			673,013,012			1,057,448			1.0	%
Machinery and equipment		261,580,110			410,999			241,605,274			379,614			8.3	%
Other fixed assets		187,294,975			294,281			135,989,524			213,669			37.7	%
Reserve for techinical revaluation of fixed assets		3,226,018			5,069			3,226,019			5,069			0.0	%
Depreciation (minus)		(509,126,688	)		(799,948	)		(474,916,718	)		(746,196	)		7.2	%
Total Other Assets		312,563,208			491,104			290,898,113			457,064			7.4	%
Investment in related companies		9,858,639			15,490			9,306,407			14,622			5.9	%
Investment in other companies		89,507			141			89,507			141			0.0	%
Goodwill		37,699,895			59,235			40,615,444			63,816			-7.2	%
Negative goodwill (minus)		-			-			-			-			-
Long-term debtors		214,742,680			337,407			192,980,394			303,214			11.3	%
Notes and accounts receivable from related companies - long term		-			-			-			-			-
Long-term deferred taxes		14,511,138			22,800			12,902,033			20,272			12.5	%
Intangibles		-			-			-			-			-
Amortization (minus)		-			-			-			-			-
Others		35,661,349			56,032			35,004,328			54,999			1.9	%
Long-term leasing contracts (net)		-			-			-			-			-
Total Assets		1,692,405,300			2,659,133			1,558,956,006			2,449,456			8.6	%

2.Distribución ~~The Board proceeded~~y toServicio ~~substitute~~D&S ~~the directors resigned, and to designate a new member for the vacancy left by Mr~~S.A. ~~Hans~~IV ~~Eben~~Quarter ~~Oyanedel~~Results ~~due to his resignation on July 24,~~ 2008~~, according to the following order and voting:~~

~~• Replacing Mr.~~FECU ~~Felipe~~- ~~Larraín~~Balance Bascuñán, the board of directors designated as a director to Mr. Craig Herkert. The agreement of the designation of the new member was adopted by the unanimity of the present directors, the agreement was adopted in conformity with the vote of the director Mrs. Verónica Edwards Guzmán and the directors Mr. Felipe Ibáñez Scott, Nicolás Ibáñez Scott, Francisco Gana Eguiguren, Fernando Larraín Cruzat, Jonny Kulka Fraenkel and Alberto Eguiguren CorreaSheets

• On behalf the vacancy left in his opportunity by the resignation of Mr.Hans Eben Oyanedel, the board of directors designated as a director to Mr. José Hernandez. The agreement of designation of the indicated member was adopted by the unanimity of the present directors, agreement that was adopted in conformity with the vote of the director Mrs. Verónica Edwards Guzmán and the directors Mr. Felipe Ibáñez Scott, Craig Herkert, Nicolás Ibáñez Scott, Francisco Gana Eguiguren, Fernando Larraín Cruzat, Jonny Kulka Fraenkel and Alberto Eguiguren Correa.Liabilities

• Replacing Mr. Francisco Gana Eguiguren, the board of directors designated as a director to Mr. Héctor Núñez. The agreement of designation of the indicated member was adopted by the unanimity of the present directors, agreement that was adopted in conformity with the vote of the director Mrs. Verónica Edwards Guzmán and the directors Mr. Felipe Ibáñez Scott, Craig Herkert, Nicolás Ibáñez Scott, José Hernandez, Fernando Larraín Cruzat, Jonny Kulka Fraenkel and Alberto Eguiguren Correa.

Currency in thousand (Ch$ and US$)	ThCh$			ThUS$			ThCh$			ThUS$			%
Type of Balance Statement: Consolidated	to 31/12/2008			to 31/12/2008			to 31/12/2007			to 31/12/2007			Change

Total Current Liabilities		628,860,378			988,075			656,346,118			1,031,261			-4.2	%
Debt with banks and financial institutions - short term		164,229,891			258,041			210,705,568			331,064			-22.1	%
Debt with banks and financial institutions - long term portion		24,060,052			37,804			9,681,683			15,212			148.5	%
Obligations with public (notes)		72,206,492			113,452			71,771,608			112,769			0.6	%
Obligations with public - short term portion ( bonds )		18,139,241			28,501			13,973,621			21,956			29.8	%
Long term debt with maturity within a year		3,664,018			5,757			3,097,194			4,866			18.3	%
Dividends to be paid		58,448			92			14,098,336			22,152			-99.6	%
Accounts payable		268,845,946			422,415			282,761,747			444,280			-4.9	%
Documents payable		-			-			-			-			-
Sundry creditors		8,309,994			13,057			9,360,653			14,708			-11.2	%
Documents and accounts payable to suppliers		-			-			-			-			-
Accruals		44,733,461			70,286			27,542,158			43,275			62.4	%
Witholdings		7,526,380			11,826			5,475,224			8,603			37.5	%
Income tax		-			-			-			-			-
Income received in advance		79,447			125			159,346			250			-50.1	%
Deferred taxes		-			-			-			-			-
Other current assets		17,007,008			26,722			7,718,980			12,128			120.3	%
Total Long Term Liabilities		441,332,493			693,428			289,897,963			455,492			52.2	%
Debt with banks and financial institutions		181,478,062			285,141			149,564,981			234,999			21.3	%
Obligations with public - long term ( bonds )		243,573,262			382,706			130,225,873			204,613			87.0	%
Documents payable - long term		-			-			-			-			-
Sundry creditors - long term		15,109,870			23,741			7,836,112			12,312			92.8	%
Notes & accounts payable to related companies		-			-			-			-			-
Accruals		417,034			655			1,603,487			2,519			-74.0	%
Deferred taxes - long term		-			-			-			-			-
Other long term liabilities		754,265			1,185			667,510			1,049			13.0	%
Minority Interest		(1,557	)		(2	)		(3,602	)		(6	)		-56.8	%
Shareholder´s Equity		622,213,986			977,632			612,715,527			962,708			1.6	%
Capital paid		468,646,091			736,344			468,646,091			736,344			0.0	%
Capital revaluation reserve		-			-			-			-			-
Additional paid-in capital		-			-			-			-			-
Other reserves		898,136			1,411			(14,744,113	)		(23,166	)		-106.1	%
Retained earnings		152,669,759			239,877			158,813,549			249,530			-3.9	%
Reserve for future dividends		-			-			-			-			0.0	%
Accrued income		151,900,458			238,668			129,715,777			203,811			17.1	%
Accrued loss (minus)		-			-			-			-			-
Income (loss) for the period		20,998,308			32,993			57,369,525			90,140			-63.4	%
Provisory dividends (minus)		(20,229,007	)		(31,784	)		(28,271,753	)		(44,421	)		-28.4	%
Accrued deficit development period		-			-			-			-			-
Total Liabilities		1,692,405,300			2,659,133			1,558,956,006			2,449,456			8.6	%

~~• Replacing~~Distribución ~~Mrs.~~y ~~Verónica~~Servicio ~~Edwards~~D&S ~~Guzmán, the board of directors designated as a director to Mr~~S. ~~Ezequiel Gómez Berard~~A. ~~The~~IV ~~agreement~~Quarter ofResults designation of the indicated member was adopted by the unanimity of the present directors, agreement that was adopted in conformity with the vote of the directors Mr. Felipe Ibáñez Scott, Craig Herkert, Nicolás Ibáñez Scott, José Hernandez, Héctor Núñez, Fernando Larraín Cruzat, Jonny Kulka Fraenkel and Alberto Eguiguren Correa.2008

•FECU ~~Replacing Mr.~~– ~~Fernando~~Cash ~~Larraín~~Flows ~~Cruzat,~~Statement ~~the~~- board of directors designated as a director to Mr. Wyman Atwell. The agreement of designation of the indicated member was adopted by the unanimity of the present directors, agreement that was adopted in conformity with the vote of the directors Mr. Felipe Ibáñez Scott, Craig Herkert, Nicolás Ibáñez Scott, José Hernandez, Héctor Núñez, Ezequiel Gómez Berard, Jonny Kulka Fraenkel and Alberto Eguiguren Correa.Indirect

• Replacing Mr. Jonny Kulka Fraenkel, the board of directors designated as a director to Mr. Jorge Gutiérrez Pubill. The agreement of designation of the indicated member was adopted by the unanimity of the present directors, agreement that was adopted in conformity with the vote of the directors Mr.Felipe Ibáñez Scott, Craig Herkert, Nicolás Ibáñez Scott, José Hernandez, Héctor Núñez, Ezequiel Gómez Berard, Wyman Atwell and Alberto Eguiguren Correa.

Currency in thousand (Ch$ and US$)	ThCh$			ThUS$			ThCh$			ThUS$			%
Type of Balance: Consolidated	to 31/12/2008			to 31/12/2008			to 31/12/2007			to 31/12/2007			Change

NET CASH FLOWS FROM OPERATING ACTIVITIES		17,253,085			27,108			38,513,271			60,513			-55.2	%
Income (loss) for the period		20,998,308			32,993			57,369,525			90,140			-63.4	%
Income on sale of fixed assets		(397,223	)		(624	)		(79,841	)		(125	)		397.5	%
(Gain) Loss on sale of fixed assets		(397,223	)		(624	)		(79,841	)		(125	)		397.5	%
Gain on sale of investments (minus)		0			0			0			0			-
Loss on sale of investments		0			0			0			0			-
(Gain) Loss on sale of other assets		0			0			0			0			-
Charges (credit) to income statement which do not represent cash flows		141,174,589			221,816			120,463,918			189,275			17.2	%
Depreciation for the period		48,833,045			76,727			65,726,494			103,270			-25.7	%
Amortization of intangibles		0			0			0			0			-
Writeoffs and provisions		54,169,559			85,112			47,890,446			75,246			13.1	%
Gain from investment in related companies (minus)		(1,814,346	)		(2,851	)		(1,180,097	)		(1,854	)		53.7	%
Loss from investment in related companies		174,059			273			37,516			59			364.0	%
Amortization of goodwill		2,948,009			4,632			2,953,356			4,640			-0.2	%
Amortization of negative goodwill (minus)		0			0			0			0			-
Net monetary correction		24,673,727			38,768			1,557,577			2,447			1484.1	%
Net currency exchange difference		6,412,691			10,076			(1,031,018	)		(1,620	)		-722.0	%
Other credits to income statement which do not represent cash flows		0			0			0			0			-
Other charges to income statement which do not represent cash flows		5,777,845			9,078			4,509,644			7,086			28.1	%
Changes in assets affecting cash flows (increase) decrease		(134,636,583	)		(211,543	)		(109,087,079	)		(171,399	)		23.4	%
Sales debtors		(128,635,462	)		(202,114	)		(93,682,709	)		(147,196	)		37.3	%
Inventories		(10,291,085	)		(16,170	)		(421,190	)		(662	)		2343.3	%
Other assets		4,289,964			6,740			(14,983,180	)		(23,542	)		-128.6	%
Changes in liabilities affecting cash flows (increase) decrease		(9,900,684	)		(15,556	)		(30,154,590	)		(47,379	)		-67.2	%
Accounts payable related to the operation		(13,915,803	)		(21,865	)		694,853			1,092			-2102.7	%
Interest payable		5,474,097			8,601			2,585,975			4,063			111.7	%
Income tax payable (net)		(12,919,211	)		(20,299	)		2,842,670			4,466			-554.5	%
Other accounts payable related to results other than operation		9,123,876			14,336			(3,956,122	)		(6,216	)		-330.6	%
VAT and other similar taxes payable (net)		2,336,357			3,671			(32,321,966	)		(50,785	)		-107.2	%
Gain (loss) in minority interest		14,678			23			1,338			2			997.0	%
NET CASH FLOWS FROM FINANCING ACTIVITIES		100,612,591			158,084			100,438,365			157,810			0.2	%
Proceeds from issuance of common stock		0			0			0			0			-
Proceeds from loans		267,743,012			420,682			318,865,475			501,006			-16.0	%
Bonds		185,394,071			291,294			69,932,537			109,879			165.1	%
Proceeds from loans from related companies		0			0			0			0			-
Proceeds from other loans from related companies		15,658,665			24,603			0			0			-
Other sources of financing		0			0			0			0			-
Payment of dividends (minus)		(41,181,985	)		(64,706	)		(29,241,754	)		(45,945	)		40.8	%
Withdrawals of capital (minus)		0			0			0			0			-
Repayment of loans (minus)		(245,966,161	)		(386,466	)		(150,340,500	)		(236,217	)		63.6	%
Repayment of bonds (minus)		(76,535,622	)		(120,254	)		(100,481,788	)		(157,879	)		-23.8	%
Repayment of loans from related companies (minus)		0			0			0			0			-
Repayment of other loans from related companies (minus)		0			0			0			0			-
Expenses from the issuance of common stock (minus)		0			0			0			0			-
Expenses from the issuance of bonds (minus)		(1,597,020	)		(2,509	)		(112,074	)		(176	)		1325.0	%
Other expenses related to financing activities (minus)		(2,902,369	)		(4,560	)		(8,183,531	)		(12,858	)		-64.5	%
NET CASH FLOWS FROM INVESTING ACTIVITIES		(91,668,032	)		(144,030	)		(135,261,243	)		(212,525	)		-32.2	%
Proceeds from sale of property, plant and equipment		19,058,013			29,944			7,113,519			11,177			167.9	%
Proceeds from sale of long-term investments		0			0			0			0			-
Proceeds from sale of other investments		0			0			0			0			-
Decrease in loans to related companies		2,396,783			3,766			0			0			-
Decrease in other loans to related companies		0			0			0			0			-
Other proceeds from investment		841,318			1,322			948,881			1,491			-11.3	%
Purchases of property, plant and equipment		(108,927,273	)		(171,148	)		(133,765,987	)		(210,175	)		-18.6	%
Payment of capitalized interest (minus)		(905,779	)		(1,423	)		(1,080,123	)		(1,697	)		-16.1	%
Long-term investments (minus)		0			0			0			0			-
Investment in financial instruments (minus)		0			0			0			0			-
Loans to related companies (minus)		0			0			0			0			-
Other loans to related companies (minus)		0			0			(1,394,267	)		(2,191	)		-100.0	%
Other expenses from investing activities (minus)		(4,131,094	)		(6,491	)		(7,083,266	)		(11,129	)		-41.7	%
NET CASH FLOWS FOR THE PERIOD		26,197,644			41,162			3,690,393			5,798			609.9	%
EFFECT OF INFLATION ON CASH AND CASH EQUIVALENTS		(41,631,964	)		(65,413	)		(7,433,746	)		(11,680	)		460.0	%
NET INCREASE (DECREASE) ON CASH AND CASH EQUIVALENTS		(15,434,320	)		(24,251	)		(3,743,353	)		(5,882	)		312.3	%
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR		47,287,648			74,299			51,031,001			80,181			-7.3	%
CASH AND CASH EQUIVALENTS AT END OF YEAR		31,853,328			50,048			47,287,648			74,299			-32.6	%

3.Distribución Asy ~~a result~~Servicio ~~of the changes indicated before, the board of directors of~~ D&S ~~was~~ ~~constituted by Mr~~S.A. ~~Felipe~~IV ~~Ibáñez~~Quarter ~~Scott,~~Results ~~Craig Herkert, Nicolás Ibáñez Scott, José Hernandez, Héctor Núñez, Ezequiel Gómez Berard, Wyman Atwell, Alberto Eguiguren Correa and Jorge Gutiérrez Pubill.~~2008

~~4. By~~About ~~agreement~~Distribución ofy ~~the~~Servicio ~~board~~D&S ~~of directors, adopted unanimously according to the conformation indicated before, Mr~~S. ~~Felipe Ibáñez Scott was designated as the President of the board and Mr~~A. ~~Craig~~(NYSE: ~~Herkert as the Vice-president of the same board.~~DYS)

~~5. By~~Wal-Mart ~~agreement~~acquired ofa ~~the~~majority ~~board~~in ofDistribución ~~directors,~~y ~~adopted~~Servicio ~~unanimously~~D&S ~~according~~S.A., toChile's ~~the~~leading ~~conformation~~food ~~indicated before~~retailer, ~~and~~in ~~attending~~December ~~the~~2008, ~~resignation~~D&S ofcurrently ~~Mr.~~operates 160 outlets in Chile ~~Fernando~~including ~~Larraín~~63 ~~Cruzat~~hypermarkets, 50 supermarkets and ~~Mr.~~44 ~~Francisco~~discount ~~Gana~~stores. ~~Eguiguren,~~In addition it have ~~proceed~~10 ~~to designate~~shopping ~~members~~centers ~~for~~and ~~the~~85 ~~committee~~PRESTO offinancial ~~directors~~services ofbranches. This makes D&S tothe ~~Mr.~~leading ~~Wyman~~grocery ~~Atwell and~~retailer ~~José~~in ~~Hernandez,~~the ~~who~~country ~~in addition~~ with ~~Alberto~~around ~~Eguiguren~~a ~~Correa, have~~32% ~~form~~share of the ~~committee~~supermarket ofindustry. ~~directors~~With ~~that~~headquarters ~~is mention~~ in ~~the~~Santiago, ~~article~~D&S ~~50 bis~~has ofmore ~~Law~~than 1835,~~046~~500 ~~of traded companies~~associates. The ~~committee~~company ofoperates ~~directors~~under ofa ~~D&S~~number ~~thus~~of different ~~conformed~~formats ~~does~~including ~~not~~hypermarkets ~~count~~Hiper ~~with~~de ~~independent~~LIDER, ~~members~~supermarkets ~~according~~Express tode ~~the applicable~~LIDER, ~~legal~~Super ~~dispositions~~Bodega Acuenta and Ekono convenience stores.

6.For Bymore ~~agreement of the board of directors~~information, ~~adopted~~please ~~unanimously~~visit ~~according to the conformation indicated before, have proceeded to the designation of the following people in the executive positions of the company and their subsidiaries as it is indicated~~http://www.dys.cl

•Distribución ~~Mrs. Debra~~y ~~Layton,~~Servicio ~~Commercial Officer of~~ D&S S.A., ~~subsidiary~~IV ofQuarter ~~D&S.~~Results ~~The position indicated before was created next to the designation of Mrs. Layton.~~2008

~~• Mr.~~Tickers ~~Gonzalo Gebara, Integration Officer of D&S. The position indicated before was created next to the designation of Mr. Gebara.~~Symbols

~~• Mr.~~NYSE: ~~Mauricio Castro Wright, Hypermarket Format Officer of Comercial D&S S.A., subsidiary of D&S. The position indicated before was vacancy.~~DYS

~~• Mr.~~Bolsa ~~Mario~~de ~~Medina,~~Comercio ~~Corporate Chief~~de ~~Financial~~Santiago: ~~Officer of~~ D&S.

~~D&S~~Latibex: would like to indicate its deep gratefulness to Mrs. Verónica Edwards Guzmán and to Mr. Jonny Kulka Fraenkel, Mr. Fernando Larraín Cruzat, Mr. Francisco Gana Eguiguren and Mr. Felipe Larraín Bascuñán for its valuable contribution to the company during the time in which they work as a director.XDYS

~~Kindly,~~Address

Enrique Ostalé Cambiaso

Chief Executive Officer

Distribución y Servicio D&S S.A.

ccAvda. Presidente Frei Montalva 8301, Quilicura – Santiago ~~Stock~~de ~~Exchange~~Chile

~~Electronic Stock Exchange of Chile~~Phone

~~Valparaíso~~(56-2) ~~Stock~~484 ~~Exchange~~7754

~~Risk Rating Commission~~Fax

(56-2) 484 7770

E-mail

info@dys.cl

Distribución y Servicio D&S S.A.

IV Quarter Results 2008

Website

www.dys.cl

The information contained in this report has been prepared by the Company based on the FECU (Uniform Code Statistics Form) filed with the SVS (Superintendency of Securities and Insurance) on this date.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Santiago, Chile.

DISTRIBUCIÓN Y SERVICIO D&S S.A. By: /s/ ~~Alejandro~~Mario ~~Droste~~Medina B.Mario ~~Alejandro~~Medina ~~Droste B.~~ Chief Financial Officer

Dated: ~~January~~February 3027, 2009

Filing Compare · DISTRIBUTION & SERVICE D&S SA