23 Dec 2015 15:03
GRUPO CLARIN S.A.
Court Extends Injunction
On 22 December 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/ merely declarative action" File No. 7263/2012, whereby the court decided serve notice to the defendant of a request filed by claimants for a six-month extension of the injunction granted on 9 December 2014 that suspended the effects of Resolution No. 1121/14 and the "Ex-officio transfer procedure", which was extended for six months on 15 July 2015. The Court's decision extends the injunction preliminarily until a decision is rendered regarding the six-month extension request.
Attached is a free translation of the relevant sections of the decision of the Federal Civil and Commercial Court No. 1.
Enquiries:
In Buenos Aires:
Alfredo Marín/Agustín Medina Manson
Grupo Clarín
Tel: +5411 4309 7215
Email: investors@grupoclarin.com
In London:
Alex Money
Jasford IR
Tel: +44 20 3289 5300
Email: alexm@jasford.com
In New York:
Melanie Carpenter
I-advize Corporate Communications
Tel: +1 212 406 3692
Email: clarin@i-advize.com
FREE TRANSLATION
National Judicial Branch
FEDERAL CIVIL AND COMMERCIAL COURT NO. 1
7263/2012
GRUPO CLARÍN S.A. AND OTHERS V/ NATIONAL GOVERNMENT AND OTHERS RE/ MERELY DECLARATIVE ACTION
Buenos Aires, 18 December 2015.- LB
[Recitals intentionally omitted]
In consequence, we must order the extension of the decision rendered on 9 December 2014 (pp. 1262/1278 of incident No. 1 and copies of pp. 546/561 bis of this incident) and extended for six more months pursuant to the decision of 15 July 2015 (as stated in pp. 1164/1171), confirmed by the Court of Appeals - Chamber I-on pp. 1223/1226), and for as long as [we] decide on the extension of the injunction requested [by claimant].
IT IS SO DECIDED
Let this decision be recorded notified.
In addition, let the defendants be served notice of the request made on pp. 1231/1237, [so that they may respond within a period of] five days.
Let they be notified.
Let [us take note of] the authorizations granted and the reservation made.
/s/ Horacio C. Alfonso
Deputy Federal Judge