Court grants interim injunction

GRUPO CLARIN S.A.

Court Grants Interim Injunction to Consumer Association

On 3 December 2015, Grupo Clarín S.A. (the "Company") informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that its subsidiary, Cablevisión S.A., had learned of the issuance of an interim injunction in re "Unión de Consumidores de Argentina v. Nextel Communications SRL and other re: Injunctions", a claim pending before the Federal Civil and Commercial Court No. 4, Secretariat No. 7, whereby that court suspended the application of Resolution Nos. 325 of the Federal Authority for Information and Communication Technologies.

Attached below is a free translation of the relevant sections of the decision rendered by the Federal Civil and Commercial Court No. 4.

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 No. 4

6003/2015

UNIÓN DE CONSUMIDORES DE ARGENTINA V. NEXTEL COMMUNICATIONS ARGENTINA SRL AND OTHER RE/ INJUNCTION

Buenos Aires, [day blank] November 2015.- LV

 [Recitals intentionally omitted]

Consequently, subject to the prior delivery of a sworn guaranty, to be issued before the Clerk, I DECIDE: 1) To suspend the application of resolution 325/2015/AFTIC, for the term provided under Section 4, Subsection 1, third paragraph of Law No. 26,854(*). 2) To request the public authority the report provided under the abovementioned Section within five days.

To that end let customary notices be delivered, allowing delivery to occur during non-business days and hours.

FRANCISCO DE ASIS SOTO

FIRST INSTANCE JUDGE

(*) FREE TRANSLATION OF LAW NO. 26,854 Section 4, Subsection 1, paragraphs 1 and 3:

SECTION 4º -- Prior Report

1. Upon the request for an injunction, the judge, prior to rendering a decision, shall request the defending public authority to produce, within a term of five (5) days a report with an account of the public interest compromised by the request.

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Only when grave and objectively non-deferrable circumstances justify it, the judge or court may issue an interim injunction, which shall be effective until the moment that the report is presented or the term set for its presentation has expired.

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