Court extends injunction

GRUPO CLARIN S.A.

Court Extends Injunction

On 5 June 2015, Grupo Clarín S.A. (the "Company") informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that it had been served notice of a decision rendered by the Federal Civil and Commercial Court No. 1 in re "Grupo Clarín S.A. and others v. National State and other re/ incidental procedure relating to appeal" File No. 7263/2012, whereby the court, among other things, extended the effects of the injunction granted on 9 December 2014, which ordered the suspension of the effects of Resolution No. 1121/14 and the "Ex-officio transfer procedure", until the court renders a decision about the extension request filed by claimants.

Attached below is a free translation of the relevant sections of the decision rendered by the Federal Civil and Commercial Court No. 1.

Enquiries:

In Buenos Aires:

Alfredo Marín/Agustín Medina Manson

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]

FREE TRANSLATION

National Judicial Branch 

FEDERAL CIVIL AND COMMERCIAL COURT 1

7263/2012

Incidental Procedure No. 6 - CLAIMANT: GRUPO CLARÍN S.A. re/ INCIDENTAL PROCEDURE RELATING TO INJUNCTION

Buenos Aires, 04 June 2015.- LB.

 [Recitals intentionally omitted]

Consequently, it is appropriate that we order the extension of the effects of the decision rendered on 9 December 2014 (pp. 1262/1278 of incidental procedure No. 1 and copies of pp. 546/562 of this incidental procedure) until the requested extension of the injunction is decided upon.

IT IS SO DECIDED

Let this decision be recorded and notified.

In addition, regarding the allegations of pp. 50/55 and copies attached thereto, [we] hereby order that defendants be notified and given five days to respond. Let this decision be notified, with copy of the decision of p. 56.

We hereby acknowledge the statement under point II.- of the document brought before us (escrito a despacho).

/s/ HORACIO C. ALFONSO

DEPUTY FEDERAL JUDGE

Signature Date: 04/06/2015

Signed by: HORACIO C. ALFONSO, DEPUTY FEDERAL JUDGE