Blue Media acquires Class C Shares and GDSs

GRUPO CLARIN S.A.

Blue Media Investment Inc. acquires Class C Shares and GDSs

On 27 April 2017, Grupo Clarín S.A. (the "Company") informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that on 27 April 2017, Blue Media Investment Inc. ("Blue Media") had informed the Company that it had acquired 25.4771% of the capital stock of GS Unidos LLC, representing, indirectly, 6,409,252 Class "C" Shares of the Company. With this acquisition, Blue Media now holds 100% of GS Unidos LLC. The price of this transaction was of USD 95,157,537.

In addition, Blue Media acquired 40,400 Global Depositary Shares (GDSs), each representing two Class "B" shares of the Company, at a price of USD 1,199,630.

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: 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