Director/PDMR Shareholding

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes should in block capital letters.

1. Name of the issuer

CABLEVISIÓN HOLDING S.A.

....................................

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or

(iii) both (i) and (ii):

....................................

3. Name of person discharging managerial responsibilities/director

SEBASTIAN BARDENGO (Board Member)

....................................

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

....................................

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

3 ABOVE

....................................

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 CLASS B COMMON SHARES OF THE COMPANY, WITH NOMINAL VALUE OF ONE (1) ARGENTINE PESO PER SHARE

....................................

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

N/A

....................................

8. State the nature of the transaction

ACQUISITION OF CLASS B COMMON SHARES

9. Number of shares, debentures or financial instruments relating to shares acquired

SEBASTIAN BARDENGO Number of shares: 3,300 Class B Common Shares

....................................

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

SEBASTIAN BARDENGO Percentage: 0.0027% of CLASS B COMMON SHARES

....................................

11. Number of shares, debentures or financial instruments relating to shares disposed

N/A

....................................

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N/A

....................................

13. Price per share or value of transaction

SEBASTIAN BARDENGO: 3,300 shares at AR$ 449.0 per share

14. Date and place of transaction

SEBASTIAN BARDENGO: 3,300 SHARES on March 12, 2018, Buenos Aires (BYMA)

....................................

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

SEBASTIAN BARDENGO: 12,314 COMMON SHARES (0.0068% OF OUTSTANDING CAPITAL STOCK)

....................................

16. Date issuer informed of transaction

....................................

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17. Date of grant

....................................

18. Period during which or date on which it can be exercised

....................................

19. Total amount paid (if any) for grant of the option

....................................

20. Description of shares or debentures involved (class and number)

....................................

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

....................................

22. Total number of shares or debentures over which options held following notification

....................................

23. Any additional information

N/A

....................................

24. Name of contact and telephone number for queries

IN BUENOS AIRES:

AGUSTIN MEDINA MANSON/PATRICIO GENTILE

CABLEVISIÓN HOLDING

EMAIL: IR@CABLEVISIÓNHOLDING.COM

IN LONDON:

ALEX MONEY

JASFORD IR

TEL: +44 20 3289 5300

EMAIL: ALEXM@JASFORD.COM 

IN NEW YORK:

CAMILLA FERREIRA

I-ADVIZE CORPORATE COMMUNICATIONS

TEL: +1 212 406 3695

....................................

Name and signature of duly authorised officer of issuer responsible for making notification

AGUSTIN MEDINA MANSON, Responsible for Market Relations, Cablevisión Holding S.A.

....................................

Date of notification

March 12, 2018

....................................