Blue Media indirectly acquires Class C Shares

GRUPO CLARIN S.A.

Blue Media Investment Inc. indirectly acquires Class C Shares

On 2 January 2017, Grupo Clarín S.A. (the "Company") informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that Blue Media Investment Inc. ("Blue Media") had informed the Company that on 30 December 2016, Blue Media acquired 74.5229% of the capital stock of GS Unidos LLC, representing, indirectly, 18,747,617 Class "C" Shares of the Company.

Blue Media is controlled, directly and indirectly, by The 1999 Ernestina Laura Herrera de Noble New York Trust, HHM Media New York Trust, The LRP New York Trust and Mr. José Antonio Aranda.

Enquiries:

In Buenos Aires:

Agustín Medina Manson / Patricio Gentile

Grupo Clarín

Tel: +5411 4309 7215

Email: [email protected] 

In London:

Alex Money

Jasford IR

Tel: +44 20 3289 5300

Email: [email protected] 

In New York:

Melanie Carpenter

I-advize Corporate Communications

Tel: +1 212 406 3692

Email: [email protected]