SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549
                             ----------------------

                                    FORM 6-K

                        REPORT OF FOREIGN PRIVATE ISSUER

                    Pursuant to Rule 13a-16 or 15d-16 of the
                         Securities Exchange Act of 1934

                                 Date: May 2003

                                   Disco S.A.
               --------------------------------------------------
               (Exact name of registrant as specified in charter)

                                   Disco S.A.
                 -----------------------------------------------
                 (Translation of registrant's name into English)

                                    Argentina
                         ------------------------------
                         (Jurisdiction of organization)

            Larrea 847, First Floor, 1117 Capital Federal, Argentina
            --------------------------------------------------------
                    (Address of principal executive offices)

          Registrant's telephone number, international: +54-11-964-8017
                                                        ---------------

                                    001-14292
                            ------------------------
                            (Commission File Number)

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

                           Form 20-F  X           Form 40-F
                                     ---                    ---

     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              No  X
                               ---             ---

     If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-________
<PAGE>

On May 15, 2003, Disco S.A. (the "Company") submitted two letters to the Bolsa
de Comercio de Buenos Aires (the Buenos Aires Stock Exchange) (the "Bolsa")
informing the Bolsa of (i) the payment of interest due on the Company's 9.875%
Notes maturing in 2008 (the "2008 Notes Payment Letter"), (ii) the payment of
the principal and interest due on the Company's 9.125% Notes maturing in 2003
(the "2003 Notes Payment Letter") and (iii) the payment made to Distribucion y
Servicio D&S, S.A. ("D&S") of the balance of the price due under the Share
Purchase Contract of Supermercados Ekonos S.A. shares, dated December 23, 1999,
between the Company and D&S (the "Share Payment Letter"). Unofficial English
translations of the 2008 Notes Payment Letter, the 2003 Notes Payment Letter and
the Share Payment Letter are attached hereto as Exhibit 1, Exhibit 2 and Exhibit
3, respectively.

                                      -2-
<PAGE>

                                    SIGNATURE

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.

                                   Disco S.A.

Date: May 21, 2003                 By: /s/Lucas Gerardus Baptist de Jong
                                      ------------------------------------------
                                      Name:   Lucas Gerardus Baptist de Jong
                                      Title:  Vice President acting as President

                                      -3-
<PAGE>

                                LIST OF EXHIBITS

The following exhibits have been filed as part of this Form 6-K:

Exhibits  Description

1.        Unofficial English translation of the 2008 Notes Payment Letter.

2.        Unofficial English translation of the 2003 Notes Payment Letter.

3.        Unofficial English translation of the Share Payment Letter.

                                      -4-

<PAGE>

                                                                       Exhibit 1

                                                      Buenos Aires, May 15, 2003

To
Buenos Aires Stock Exchange
(BOLSA DE COMERCIO DE BUENOS AIRES)

Dear Sir,

We hereby duly notify you that we have complied with the filing of the notice
regarding the Payment of Interest arising from Simple Negotiable Obligations -
Notes due 2008.

Sincerely,

LUCAS GERARDOUS BAPTIST DE JONG
Vicepresident in charge of Presidency
<PAGE>

                        PAYMENT OF INTEREST AND PRINCIPAL

                                   DISCO S.A.

                              Payment of Principal

Simple Negotiable Obligations  - Notes due  2008

Holders of negotiable  obligations are hereby notified that on May 15, 2003, the
payment  of  interest   corresponding  to  Simple  Negotiable   Obligations  not
convertible to book entry shares  corresponding  to Notes due 2008,  with a face
value of US$250,000,000  and issued on May 11, 1998, will become due, as part of
the  program  of  Negotiable  Obligations  with a face  value of  US$350,000,000
authorized  by  the  National  Securities   Commission  ("Comision  Nacional  de
Valores").

o    Date of  effective  payment:  The  interests  shall be paid as from May 15,
     2003.
o    Paying agent: Deutsche Bank Trust Company Americas.
o    Payment service number: Interest Payment Number 10/20.
o    Period covering the financial service: From 11/16/2002 up to 05/15/2003.
o    Amount payable,  percentage and payment currency:  Semiannual  interest US$
     12,343,750- Annual Rate: 9.875 %.
o    Currency: United States Dollars.
o    Residual nominal value:  US$1,000 for each minimum share certificate of US$
     1,000.
o    Residual  nominal value of total issue:  US$ 250,000,000 - Residual nominal
     value 100 %
o    Residual technical value: US$1,094.94 for each minimum share certificate of
     US$ 1,000.
o    Residual  technical  value  of total  issue:  of  US$262,343,750.  Residual
     technical value 104.9375 %.

This notice is being  pursuant to Section 129 of the Listing  Regulations of the
Buenos Aires Stock Exchange ("Bolsa de Comercio de Buenos Aires").

                         LUCAS GERARDOUS BAPTIST DE JONG
                      Vicepresident in charge of Presidency
<PAGE>

                                                                       Exhibit 2

                                                      Buenos Aires, May 15, 2003

To
Buenos Aires Stock Exchange
(BOLSA DE COMERCIO DE BUENOS AIRES)

Dear Sir,

By means of this letter, we attach the notice of Payment of Interest and
Principal arising from Simple Negotiable Obligations - Notes due 2003.

Sincerely,

LUCAS GERARDOUS BAPTIST DE JONG
Vicepresident in charge of Presidency
<PAGE>

                        PAYMENT OF INTEREST AND PRINCIPAL

                                   DISCO S.A.

                        Payment of Interest and Principal

Simple Negotiable Obligations  - Notes due  2003

Holders of negotiable  obligations are hereby notified that on May 15, 2003, the
payment  of  interest   corresponding  to  Simple  Negotiable   Obligations  not
convertible to book entry shares  corresponding  to Notes due 2003,  with a face
value of US$100,000,000  and issued on May 11, 1998, will become due, as part of
the  program  of  Negotiable  Obligations  with a face  value of  US$350,000,000
authorized  by  the  National  Securities   Commission  ("Comision  Nacional  de
Valores").

o    Date of  effective  payment:  The  interests  shall be paid as from May 15,
     2003.
o    Paying agent: Deutsche Bank Trust Company Americas.
o    Payment   service   number:   Interest   Payment  Number  10/10  and  final
     amortization of series 2003, Nominal value 100,000,000.
o    Period covering the financial service: From 11/16/2002 up to 05/15/2003.
o    Amount payable,  percentage and payment currency:  Semiannual  interest US$
     4,562,500- Annual Rate: 9.125 %. Payment of Principal: US$100,000,000, 100%
     of Principal.
o    Currency: United States Dollars.
o    Residual nominal value: US$1,000 for each minimum of US$1,000.

This notice is being made pursuant to Section 129 of the Listing Regulations of
the Buenos Aires Stock Exchange ("Bolsa de Comercio de Buenos Aires").

                         LUCAS GERARDOUS BAPTIST DE JONG
                      Vicepresident in charge of Presidency
<PAGE>

                                                                       Exhibit 3

                                                      Buenos Aires, May 15, 2003

To the
Buenos Aires Stock Exchange
(BOLSA DE COMERCIO DE BUENOS AIRES)

Dear Sirs,

We inform you that on May 2, 2003,  Disco S.A. paid to  "Distribucion y Servicio
D&S" the  outstanding  balance  of the  purchase  price  pursuant  to the  Share
Purchase Contract of "Supermercados  Ekono S.A." shares entered into on December
23, 1999,  between Disco S.A. and  "Distribucion y Servicio D&S, S.A. (D&S)" and
"Servicios  Profesionales  y de  Comercializacion  S.A." The  amounts  paid were
US$115,416,000 and US$10,451,351.62 corresponding to the balance of the Differed
Payment and of the Amount Withheld, respectively, under the aforementioned Share
Purchase Contract. It is hereby noted that, notwithstanding that the amounts due
corresponding to the Differed Payment and Amount Withheld  pursuant to the Share
Purchase  Contract  originally  amounted to US$  80,000,000  and US$  10,000,000
(minus the amount estimated as Indemnified Claims),  Disco S.A. made the payment
in accordance with Law 25561,  Decree 214/2002 and complementary  Rules that set
forth the  conversion  into Pesos of all  monetary  obligations  denominated  in
United States Dollars of origin or title existing before January 6, 2002 (at the
rate of one United  States Dollar  equals one Peso) and the  application  of the
stabilization  factor  ("Coeficiente de Estabilizacion de Referencia" or "CER"),
as set forth in Section 4 of Decree  214/2002,  to the  amounts  converted  into
Pesos.

In view of the abovementioned,  Disco S.A. considered that by making the payment
of the amount of US$115,416,000, the outstanding balance of the Differed Payment
was cancelled.

Likewise, with respect to the payment of the Amount Withheld of US$10,451,351.62
(converted into Pesos by virtue of the aforementioned),  Disco S.A. deducted the
amounts of the damages  arising from  Indemnified  Claims in accordance with the
Share Purchase Contract.

Furthermore,  in accordance with the legislation in force, Disco S.A. understood
that the payment of the amounts in Pesos described herein  constitutes a payment
in excess of the total amount of such debt and thus, at the moment such payments
were made, Disco S.A.  reserved its right to seek the equitable  readjustment of
the price as set forth in Section  8(Degree) of Decree 214/02 and claim from D&S
the amounts paid in excess.

Finally,  we also  inform  you that D&S,  for its part,  refused  to accept  the
application  to this case of the  provisions  set forth in Law 25561 and  Decree
214/02.  Therefore,  D&S  received  the funds  paid by Disco  S.A.  as a partial
payment.

Sincerely,

                         LUCAS GERARDUS BAPTIST DE JONG
                      Vicepresident in charge of Presidency