Supercanal Litigation

GRUPO CLARIN S.A.

Supercanal Litigation

On 10 August 2012, Grupo Clarín S.A. (the "Company") informed the Argentine Securities Commission and the Buenos Aires Stock Exchange the Company's subsidiary Cablevisión S.A. ("Cablevisión") had learned that on 1 August 2012, Chamber A of the Federal Court of Appeals of the City of Mendoza had decided the question of jurisdiction in favor of Federal Court No. 2, under Judge Dr. Walter Bento, who will continue to hear the case. The Federal Court of Appeals ordered that its decision be communicated to Federal Court on Civil and Commercial Matters No. 6, of the City of Buenos Aires, under Dr. Francisco de Asís Soto.

Enquiries:

In Buenos Aires:

Alfredo Marín/Agustín Medina Manson

Grupo Clarín

Tel: +5411 4309 7215

Email: investors@grupoclarin.com

In London:

Alex Money/Helen Greenwood

Temple Bar Advisory

Tel: +44 20 7002 1080

Email: clarin@templebaradvisory.com

In New York:

Melanie Carpenter/Peter Majeski

I-advize Corporate Communications

Tel: +1 212 406 3692

Email: clarin@i-advize.com