Circular RUNOR 1 - 347. Correspondence of the Entity with the Central Bank of the Argentine Republic and the Superintendence of Financial and Exchange Entities

"1999 - Year of Exportation"
BANCO CENTRAL DE LA REPUBLICA ARGENTINA __________________________________________________________________ COMMUNICATION "A" 2934 16/06/99 __________________________________________________________________ TO FINANCIAL ENTITIES:
Ref.: Circular
RUNOR 1 - 347.
Correspondence of the entity with the Central Bank of the Argentine Republic and the Superintendence of Financial and Exchange Entities.

We address you to deliver to you, attached, the text of the referenced regulations. Finally, we clarify that this communication is published on the website of this Institution on the Internet starting from 18.06.99. We salute you very attentively.

BANCO CENTRAL DE LA REPUBLICA ARGENTINA Ricardo O. Maero Manager of Informational Regime Alejandro G. Henke Deputy General Manager Technical Coordination Area

+----------+-----------------------------------------------------+ ] B.C.R.A. ]ORDERED TEXT OF THE REGULATIONS ON CORRESPONDENCE OF ] ] ]THE ENTITY WITH THE CENTRAL BANK OF THE ARGENTINE ] ] ]REPUBLIC AND THE SUPERINTENDENCE OF FINANCIAL ] ] ]AND EXCHANGE ENTITIES ] +----------+-----------------------------------------------------+

• Index -

1. Registration.
2. Forms and scope of registrations.
3. Characteristics and users of the book

+------------+----------------------+------------------+---------+ ]Version: 1st.] Communication "A" 2934]Validity: 16.6.99 ]Page 1] +------------+----------------------+------------------+---------+

+----------+-----------------------------------------------------+ ] B.C.R.A. ]ORDERED TEXT OF THE REGULATIONS ON CORRESPONDENCE OF ] ] ]THE ENTITY WITH THE CENTRAL BANK OF THE ARGENTINE ] ] ]REPUBLIC AND THE SUPERINTENDENCE OF FINANCIAL ] ] ]AND EXCHANGE ENTITIES ] +----------+-----------------------------------------------------+

1. Registration
   Financial entities must maintain a "Log of Correspondence with the Central Bank of the Argentine Republic and the Superintendence of Financial and Exchange Entities", in which all correspondence exchanged with this Institution shall be recorded.

2. Forms and scope of registrations
   This register shall contain, at a minimum, the following ordering and the incorporation of correspondence shall be carried out in chronological order:

Central Bank of the Argentine Republic

• General Deputy Manager of Operations
• General Deputy Manager of Information Technology and Organization
• General Deputy Manager of Administration and Control
• Legal Affairs Area
• Studies and Legal Opinions Area
• Financial Entities Liquidation Area
• Others

Superintendence of Financial and Exchange Entities

• Supervision Area
• Control Area
• Analysis Area
• Technical Coordination Area

3. Characteristics and users of the book
   The book must be stamped (rubricated) and be available to the various users (external or internal audits, risk rating agencies, Supervision of Financial Entities, etc.)

+------------+----------------------+------------------+---------+ ]Version: 1st.] Communication "A" 2934]Validity: 16.6.99 ]Page 2] +------------+----------------------+------------------+---------+

+------------+---------------------------------------------------+ ] B.C.R.A. ]ORIGIN OF THE PROVISIONS INCLUDED IN THE TEXT ] I ]ORDERED OF THE REGULATIONS ON CORRESPONDENCE OF ] ] ]THE ENTITY WITH THE CENTRAL BANK OF THE ARGENTINE ] ] ]REPUBLIC AND THE SUPERINTENDENCE OF FINANCIAL ] ] ]AND EXCHANGE ENTITIES ] +------------+---------------------------------------------------+

+-----------------+------------------------------+---------------+ ]ORDERED TEXT ]ORIGIN REGULATION ] ] +---------+-------+----------+------+------+-----+ OBSERVATIONS ] ]Point ]Paragraph]Communic.]Chapter.]Point ]Parag.] ] +---------+-------+----------+------+------+-----+---------------+ ]1. ] ]"A" 2934 ] ]1. ] ] ] +---------+-------+----------+------+------+-----+---------------+ ]2. ] ]"A" 2934 ] ]2. ] ] ] +---------+-------+----------+------+------+-----+---------------+ ]3. ] ]"A" 2934 ] ]3. ] ] ] +---------+-------+----------+------+------+-----+---------------+

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