Leave of Absence Request

GRUPO CLARIN S.A.

Member of Company Board requests leave of absence

On 12 December 2014, Grupo Clarín S.A. (the "Company") informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that the Company's Board of Directors had accepted the leave of absence requested by Director Jorge Ignacio Oría-for personal reasons-from 9 December 2014 up to and including the date of the next Annual General Ordinary Shareholders' Meeting at which new authorities will be appointed. The Board also approved the appointment to the Board of Director Sebastián Salaber during Mr. Oría's leave, as provided under Section 258 of the Argentine Business Associations Law, the Company's bylaws and the decision of the shareholders at the Annual General Ordinary Shareholders' Meeting.

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