AFSCA Notifies Resolution

GRUPO CLARIN S.A.

Audiovisual Communication Services Law Federal

Enforcement Authority Serves Notice of Resolution

On 31 October 2013, Grupo Clarín S.A. (the "Company") informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that it had been served notice of Resolution No. 2276 - AFSCA/12, dated as of 17 December 2012, issued by the Audiovisual Communication Services Law Federal Enforcement Authority ("AFSCA"), whereby that agency ordered, among other things, the appraisal of the licenses and essential assets related thereto by the National Appraisal Court and ordered the Company and other licensee companies to inform that agency in a term of 15 days whether all licenses detailed in the Resolution are owned and/or exploited by such companies.

Enquiries:

In Buenos Aires:

Alfredo Marín/Agustín Medina Manson

Grupo Clarín

Tel: +5411 4309 7215

Email: investors@grupoclarin.com 

In London:

Alex Money/Clare Gallagher

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