National Public Securities - TINAC 1-10 and Exchange Operations and Movements of Funds and Securities with Foreign Countries - CAMEX 1-47

CENTRAL BANK OF THE ARGENTINE REPUBLIC

COMMUNICATION "A" 278 26/01/83

TO FINANCIAL INSTITUTIONS AND EXCHANGE BROKERS:

Ref.: Circular NATIONAL PUBLIC SECURITIES -
TINAC - 1 - 10. Circular EXCHANGE OPERATIONS
AND MOVEMENTS OF FUNDS AND SECURITIES
WITH FOREIGN COUNTRIES - CAMEX - 1 - 47.

We address you and, through you, the interested sectors, to inform you that, in accordance with the provisions of Decrees of the National Executive Power Nos. 1334/82, 1335/82 and 1336/82 - made known by Communication "B" 503 of 2.12.82 - this Bank has decided to implement the issuance of the securities, whose conditions and modalities are detailed below:

1. "MONETARY ABSORPTION BOND - 1st Series"

1.1. Characteristics of the securities:

1.1.1. Date of issuance: 26 November 1982.

1.1.2. Term: 5 years.

1.1.3. Amount of the issuance: It shall be that resulting from the deposits in pesos at nominal value made by the investors referred to in article 2 of Decree No. 1335/82, between 26.11.82 and 28.2.83.

1.1.4. Interest rate: the annual interest rate shall be 8%, payable semi-annually in arrears, on 26.5. and 26.11 of each year, with the first service taking place on 26 May 1983.

The interest rate shall be applied to the adjusted capital as provided in point 1.1.7.

1.1.5. Placement price: the corresponding to the adjusted capital plus accrued interest as of the maturity date of the exchange insurance.

1.1.6. Amortization: it shall be made on the nominal value of each investment in seven semi-annual installments, the first six of 14% and the last of 16%. The first service shall take place on 26 November 1984.

1.1.7. Adjustment Clause: The amortization services shall be paid at each maturity, adjusting the nominal value according to the variation experienced by the closing exchange rate of the Banco de la Nación Argentina, for income from foreign loans in United States dollars, between the 7th calendar day prior to the date of issuance and the 7th calendar day prior to the date of each maturity. In the event that this last calendar day is an exchange holiday, the first immediately preceding business day shall be considered.

1.1.8. Registration of investments: the Central Bank of the Argentine Republic shall register daily the investments at nominal value in the Bond, in the name of each financial institution participating in the operation.

The financial institutions shall proceed to register, in an account that they shall open for that purpose, the amount at nominal value of the deposits corresponding to each investor, without delivery of securities.

The financial institutions shall certify in writing to each investor the amount at nominal value invested.

1.1.9. Servicing of financial services: they shall be serviced by the Central Bank of the Argentine Republic on the maturity date of each service, by means of credits to the current accounts that the financial institutions maintain in this Institution.

The financial institutions shall proceed, on the same date, to pay the financial services to the investors.

1.1.10. Early redemption: the Secretariat of Finance may order the early redemption of all or part of the issued amount, at its adjusted value plus accrued interest.

1.1.11. Tax exemptions: both the capital and the income of the present issuance are exempt from all tax levies.

1.2. Procedure to comply with the cancellations of credits imputed by the creditor entities to "Consolidated Loan" of the Central Bank and amount to be invested in the "Monetary Absorption Bond - 1st Series":

1.2.1. The amount in pesos corresponding to the compensation of exchange rates due to the extension of the maturity of external debts, defined according to the provisions of subsections a) and b) of article 2 of Decree No. 1335/82, shall be credited, on the day of maturity of the operation, by the Central Bank in an account opened for that purpose, in which the amounts corresponding to the exchange insurance contracts for each entity in which the operation was arranged shall be registered. These funds shall not form part of their available funds.

B.C.R.A COMMUNICATION "A" 278 26.1.83

The Central Bank shall inform the entity of the amount of the credit, which within the following business day shall bring it to the knowledge of the taker of the exchange insurance.

1.2.2. The taker shall request the financial institutions with which it has debts to certify the balances it owes as capital and adjustment to each of them on the date indicated in point 1.2.1. and that the entity keeps allocated to "Consolidated Loan" of the Central Bank.

For this purpose, it shall present a Form No. 3889 (Annex V of this communication) at each of the financial institutions with which it has debts, which must issue it within 5 calendar days of the corresponding receipt.

1.2.3. The taker shall complete the Sworn Declaration - Form No. 3890 (Annex VI) - identifying the financial institutions and amounts for which, up to the amount resulting from the exchange rate compensation, it requests that its debt be cancelled. Said form shall be presented to the entity with which it arranged the exchange insurance, accompanied by all copies of Form No. 3889.

The aforementioned entity shall forward Form No. 3890 and its annexes (Forms Nos. 3889) to the Central Bank - Department of General Secretariat -, on the first business day following receipt.

1.2.4. The Central Bank shall proceed, on the date indicated in the preceding paragraph and after debiting the account mentioned in 1.2.1., to:

1.2.4.1. Credit the current accounts of the financial institutions for the amounts of the debts that the taker cancels, and

1.2.4.2. Apply the remaining balance, if any, to the subscription of the "Monetary Absorption Bond".

1.2.5. When the maturity of the exchange insurance contract coincides with the date on which the policyholder is entitled to receive the benefit of the regime referred to in Circular CAMEX 1-3 (Communication "A" 33), these latter resources shall first be allocated to the cancellation of debts charged to the "Consolidated Loan", subsequently applying the procedure detailed in the preceding points.

1.3. Remuneration to financial institutions participating in the placement and provision of financial services:

Financial institutions authorized to operate in foreign exchange shall be granted a commission of 0.5 %0 for their placement activities and 0.1 %0 for the provision of financial services, in both cases on the effective amounts concerned.

2. REGISTERED BONDS IN UNITED STATES DOLLARS - 1st Series (in accordance with the model of the Representative Title attached as Annex I).

2.1. Characteristics of the securities offered:

2.1.1. Date of issue: 26 November 1982.

2.1.2. Term: 5 years.

2.1.3. Nominal value issued: u$s. 2,000 million, in sheets of u$s. 5,000; u$s. 10,000; u$s 25,000, u$s 50,000 and u$s 100,000.

2.1.4. Interest rate: Variable, payable in United States dollars semi-annually in arrears, on 26.5 and 26.11 of each year, with the first service operating on 26.5.83. Said rate, equal to the annual rate in force for 180-day eurodollar deposits in the London interbank market, shall be established by the Central Bank of the Argentine Republic on the basis of the arithmetic average arising from the rates reported by its correspondent banks in the aforementioned market, at the close of operations on the business day immediately preceding the start of each interest period. A surcharge of two (2) points shall be added to said annual rate.

2.1.5. Amortization: shall be effected on each bond in four semi-annual installments of 25% each. The first installment shall operate on 26 May 1986.

2.1.6. Ownership: The "Registered Bonds in United States Dollars -1st. Series" shall be issued in the name of the creditors whose credits are to be cancelled, as provided in article 2 of Decree No. 1334/82.

2.1.7. Negotiation: With the exception of the primary placement made by this Bank, the securities may not be subject to public offering within the territory of the Argentine Republic or to transactions involving persons resident or domiciled in the country. Consequently, they may only be negotiated abroad and, in such case, each transfer must be notified by the transferor identifying the name and domicile of the acquirer and the number of each sheet transferred. Transfers must be notified by telex to the Central Bank of the Argentine Republic at least 30 days in advance of the maturity of each service. Under no circumstances may the Bonds be transferred to persons domiciled or resident in the Argentine Republic. Transfers not notified in the form and terms provided in this point shall be considered null and void with respect to the issuer.

B.C:R.A COMMUNICATION “A” 278 26.1.83

2.1.8. Payment of financial services: shall be made by the Central Bank of the Argentine Republic in United States dollars by transfer to the markets of New York, Frankfurt, London or Zurich for credit to the accounts indicated by the holders at the time provided in point 4.2. hereof or, as the case may be, for credit to the account indicated by subsequent beneficiaries by telex addressed to this Central Bank identifying the number and nominal value of the sheets transferred, which must be received more than 30 days in advance of the maturity date of each service. The coupons corresponding to each service must be presented at least 30 days in advance to the financial institutions abroad that this Central Bank shall inform in due course.

2.1.9. Early redemption: the Secretariat of Finance may order the early redemption of all or part of the issue, at the value of the outstanding principal plus accrued interest.

2.1.10. Tax exemptions: The financial services of the "Registered Bonds in United States Dollars" shall be paid without any deduction by reason of levies, taxes or fees, present or future, in force in the Argentine Republic.

2.1.11. Placement and price: In accordance with the procedure referred to in point 4., at a price equal to its nominal principal plus accrued interest to the date of maturity of the exchange insurance contract.

2.1.12. Certificates: While the sheets are being printed, registered and non-transferable certificates shall be issued, stating the subscribed nominal value and the commitment of the Central Bank to exchange them for the securities.

3. OBLIGATIONS IN UNITED STATES DOLLARS OF THE NATIONAL GOVERNMENT (Decree No. 1336/82).

3.1. Characteristics of the obligations issued between 26.11.82 and 31.3.83:

3.1.1. Basic text: According to the model incorporated as Annex II.

3.1.2. Amortization: shall be effected in four semi-annual installments of 25% each, with the first maturing forty-two months from the date of issue of each obligation.

3.1.3. Income: Shall be paid semi-annually for periods in arrears, with the first maturity operating six months after the obligation is issued. The interest rate they accrue shall be equal to the annual rate in force for 180-day eurodollar deposits in the London interbank market. The Central Bank of the Argentine Republic shall establish it on the basis of the arithmetic average arising from the rates reported by its correspondent banks in that market, at the close of operations on the business day immediately preceding the start of each interest period. A surcharge of TWO (2) points shall be added to said annual rate.

3.1.4. Ownership: They shall be issued in the name of the creditors whose credits are to be cancelled, in accordance with the provisions of Article 2 of Decree No. 1336/82.

3.1.5. Negotiation: The obligations may not be subject to public offering within the territory of the Argentine Republic or to transactions involving persons resident or domiciled in the country.

They may only be transferred in favor of financial entities domiciled abroad and, in such case, the operation must be notified by the transferor, identifying the name and domicile of the beneficiary. The aforementioned transfers must be notified by telex to the Banco Central de la República Argentina with a minimum advance notice of 30 days prior to the maturity of each service.

For no reason may the obligations be transferred in favor of persons domiciled or resident in the Argentine Republic. Transfers that are not notified in the manner and terms provided in this point shall be considered null and void with respect to the issuer.

3.1.6. Payment of financial services: They shall be made by the Banco Central de la República Argentina in United States dollars, by transfer, for credit to the account that the holder identifies in the note whose model is attached as Annex III or, as the case may be, for credit to the account indicated by subsequent beneficiaries by telex addressed to this Banco Central, which must be received with a minimum advance notice of 30 days prior to the maturity date of each service.

B.C:R.A COMMUNICATION “A” 278 26.1.83

3.1.7. Tax exemptions: The services shall be paid without making any deduction by reason of levies, taxes or fees, present or future, in force in the Argentine Republic.

3.1.8. Placement and price: In accordance with the procedure referred to in point 4., at a price equal to its par value.

4. OPERATIONAL PROCEDURES AND REQUIREMENTS RELATED TO THE PLACEMENT OF THE "REGISTERED BONDS IN UNITED STATES DOLLARS" AND OF THE DOLLAR OBLIGATIONS OF THE NATIONAL GOVERNMENT (DECREE NO. 1336/82) DESCRIBED IN POINTS 2. AND 3.

4.1. The delivery of the securities to the creditor shall be subject to the creditor certifying and stating to this Institution that:

4.1.1. The credit it holds against the taker of the exchange insurance corresponds in amount and terms to that declared by the debtor. (A note addressed by the debtor to the Banco Central shall be attached; according to the model attached as Annex IV).

4.1.2. Against delivery of the securities by the Banco Central de la República Argentina, it shall consider its credit against the taker of the exchange insurance extinguished.

4.1.3. It acknowledges the right of the Banco Central de la República Argentina to request information related to the credit granted to the taker of the exchange insurance and shall provide its collaboration in this regard.

4.2. The requirements provided in point 4.1. shall be fulfilled by means of a note addressed to this Institution in the terms described in points 2. or 3. of this document; the person authorized to withdraw them from this Institution shall be designated and the account into which the financial services shall be credited shall be identified.

4.3. The taker must present to the intervening financial entity the note mentioned in point 4.2., together with Form No. 3891 (Annex VII), which shall be delivered by the intervening Bank to this Banco Central - Exchange Operations Department, 3rd floor, office 304 - until 15 hours of each day.

5. The foregoing is intended to give effect to the operations provided for in Communication "A" 251 (CAMEX - 1 - 44) of 17 November 1982, except those contemplated in subsection c) of its section 1.2., for which the provisions of Decree of the National Executive Power No. 1603 of 21.12.82 and its regulatory rules, made known through Communication "A" 272 (CAMEX - 1 - 45), shall apply.

In this regard, it is anticipated that the submission of proposals under the provisions of the aforementioned subsection c) must be made on Form No. 3892 (Annex VIII), in the General Secretariat Department of this Bank, in the usual manner, with no less than ten business days' advance notice prior to the contract maturity date.

We greet you very attentively.

CENTRAL BANK OF THE ARGENTINE REPUBLIC

Simón L. Guerberoff
Deputy Manager of Public Finance
Pedro Camilo López
General Manager

ANNEXES

FRONT OF THE
TITLE
No. 0.000.000
Endorsement blanket

ARGENTINE REPUBLIC REGISTERED BONDS IN UNITED STATES DOLLARS - 1st. Series -

US$ 5,000.-

This Title is issued to the order of .....……………….. in ………………………………......... of the debt of ................

The Banco Central de la República Argentina issues it in its capacity as Financial Agent of the State, on whose behalf it shall attend to its financial services, which shall be paid exclusively in the name of the holder to whom this Bond is issued, regardless of the capacity in which it was delivered to him. smo le haya sido entregado.

In accordance with the conditions established in Article 3, subsection b) of Decree 1334/82, the nominal value of this Bond, on the dates indicated, shall be fixed according to the following table:

26.05.83	u$s 5.000
26.11.83	u$s 5.000
26.05.84	u$s 5.000
26.11.84	u$s 5.000
26.05.85	u$s 5.000
26.11.85	u$s 5.000
26.05.86	u$s 3.750
26.11.86	u$s 2.500
26.05.87	u$s 1.250

This Bond is issued to the order of………….. ..…………….... in ………………………………........ of a debt of ..……………......

It is issued by Banco Central de la República Argentina in its capacity as Financial Agent for the State on behalf of which it shall proceed to pay financial services hereon exclusively to the registered holder hereof in whose favor this bond is issued, regardless of the capacity in which it was deli-vered to him.

According to the terms set forth in Article 3, para-agraph b) of Decree 1334/82, the nominal value of this bond is fixed as per the following table:

May 26, 1983	U$S 5.000
November 26, 1983	U$S 5.000
May 26, 1984	U$S 5.000
November 26, 1984	U$S 5.000
May 26, 1985	U$S 5.000
November 26, 1985	U$S 5.000
May 26, 1986	U$S 3.750
November 26, 1986	U$S 2.500
May 26, 1987	U$S 1.250

FRONT OF THE
CERTIFICATE
Manto de
Endorsements

The last amount shall be payable starting from November 26, 1987.

This last amount shall be payable starting from 26.11.87.

Buenos Aires, 26 November 1982.

President
General Manager
.
Manager of
Public Finance

Buenos Aires, November 26, 1982

WHEREAS the maturity date of the external obligations subject to exchange insurance taken in accordance with the systems published through the Communiqué "A" 31 dated June 5, 1981, of BANCO CENTRAL DE LA REPÚBLICA ARGENTINA and the possibility that the debtors and creditors of said commitments may have failed to reach an agreement to renew them, and the power granted by Article 333 of Ley No. 11.672, text substituted by Decree-Law Nro. 16911/66, to the National Executive Power to issue bonds.

THE PRESIDENT OF THE ARGENTINE NATION

DECREES:

Article 1- BANCO CENTRAL DE LA REPÚBLICA ARGENTINA, in its capacity as Financial Agent for the National Government, shall proceed to issue foreign public debt bonds, in one or several series, referred to as "REGISTERED BONDS DENOMINATED IN UNITED STATES DOLLARS", denominated in dollars of the UNITED STATES OF AMERICA, at a floating interest rate, for a term of FIVE (5) years and for the amount required to meet the operations referred to in Article 2 below.

Article 2 - The bonds shall be applied to the settlement of the foreign obligations of debtors who have made exchange insurance agreements with BANCO CENTRAL DE LA REPÚBLICA ARGENTINA, under the system of its Communiqué "A" 31 dated June 5, 1981, "A" 54 dated August 14, 1981, "A" 61 dated September 24, 1981, and "A" 76 dated November 30, 1981.

Article 3 - The bonds shall have the following characteristics:

BACK OF THE CERTIFICATE

Buenos Aires, 26 November 1982

Whereas the maturity date of the external obligations subject to the exchange insurance agreements entered into in accordance with the systems made known by Communication "A" 31 dated June 5, 1981 of the BANCO CENTRAL DE LA REPÚBLICA ARGENTINA and the possibility that the debtors and creditors of said commitments may not have reached an agreement for their renewal and the power granted to the National Executive Power to issue securities by Article 33 of Law No. 11.672, text substituted by Decree-Law No. 16.911.

THE PRESIDENT OF THE ARGENTINE NATION

DECREES

ARTICLE 1 - The BANCO CENTRAL DE LA REPÚBLICA ARGENTINA, in its capacity as Financial Agent of the national Government, shall proceed to issue foreign public debt securities, in one or several series, called "REGISTERED BONDS IN UNITED STATES DOLLARS", in dollars of the UNITED STATES OF AMERICA, with a floating interest rate, for a term of FIVE (5) years and for the amount necessary to cover the operations referred to in Article 2 hereof.

ARTICLE 2 - The securities shall be destined to cancel the external obligations of those debtors that had entered into exchange insurance with the BANCO CENTRAL DE LA REPÚBLICA ARGENTINA, under the regime of its Communications "A" 31 dated June 5, 1981, "A" 54 dated August 14, 1981, "A" 61 dated September 24, 1981 and "A" 76 dated November 30, 1981.

ARTICLE 3 - The securities shall conform to the following characteristics:

a) Interest: It shall be payable semi-annually in arrears. The first maturity shall take place SIX (6) months after the issue date. The annual interest rate on bonds shall be equal to the annual interest rate prevailing in the London interbank market for ONE HUNDRED AND EIGHTY (180) day Eurodollar deposits. Said rate shall be fixed by BANCO CENTRAL DE LA REPÚBLICA ARGENTINA on the basis of the average resulting from the rate reported by the correspondent banks in said market, at the closing of the operations on the business day prior to the beginning of each interest period. BANCO CENTRAL DE LA REPÚBLICA ARGENTINA may fix, at the time of ordering the issuance of each series, an additional rate that shall be added to the rate referred to in above paragraph.

b) Payment: It shall be effected on each bond in FOUR (4) semi-annual and successive instalments, of TWENTY-FIVE PERCENT (25%) each, the first instalment to mature after a term of not less than FORTY-TWO MONTHS (42) from the issue date.

c) Ownership and marketability: The bonds shall be issued as registered securities, in favor of the foreign creditors whose credits are repaid under the provisions of Article 2 above. Their transfer shall be informed by the transferor, identifying the name and address of the transferee and the number of each certificate transferred. The bonds shall not be transferred, for any reason whatsoever, to persons domiciled or resident in the Republic of Argentina. The bonds shall not be publicly offered within the territory of the Republic of Argentina - with the exception of the offer made by the issuer at the time of the first placements not subject to operations

a) Interest: it shall be paid semi-annually for periods in arrears. The first maturity shall take place SIX (6) months counted from the issue date. The annual interest rate that the securities shall accrue shall be equal to the annual rate prevailing for Eurodollar deposits at ONE HUNDRED AND EIGHTY (180) days term in the London interbank market. Said rate shall be established by the BANCO CENTRAL DE LA REPÚBLICA ARGENTINA on the basis of the average resulting from the rates reported by correspondent banks in that market, at the closing of the operations on the business day prior to the beginning of each interest period. The BANCO CENTRAL DE LA REPÚBLICA ARGENTINA may establish, at the time of ordering the issuance of each series, an additional rate that shall be added to the one indicated in the preceding paragraph.

b) Amortization: it shall be made on each bond in FOUR (4) successive semiannual installments of TWENTY-FIVE PERCENT (25%) each, the first falling due at a term of no less than FORTY-TWO (42) months counted from the date of issue.

c) Ownership and negotiability: they shall be issued in registered form, in the name of the external creditors whose credits are to be settled as provided in Article 2 of this instrument. Their transfer shall be notified by the transferor, identifying the name and domicile of the beneficiary and the number of each certificate transferred. Their transfer may not be made, for any reason, in favor of persons domiciled or resident in the Argentine Republic. The bonds may not be subject to public offering within the territory of the Argentine Republic, except for the offering made by the issuer on the occasion of the primary placement or transactions involving persons resident or domiciled in the country. For the purposes of provisions of this subsection, public offer is construed as provided in Article 16 of Law Nro. 17811. BANCO CENTRAL DE LA REPÚBLICA ARGENTINA and the SECURITIES COMMISSION, in the areas of their pertinent jurisdictions, shall control the compliance with the provisions of the paragraph immediately above.

d) Financial Services: They shall be paid by BANCO CENTRAL DE LA REPÚBLICA ARGENTINA in United States Dollars through transfer on the New York, Frankfurt, London or Zurich markets, at the option of the bondholder, to the credit of the account opened to his name, which he shall specify at the time of subscription or on the occasion provided in the second paragraph of subsection c) of this article, 30 days before the time of each service. BANCO CENTRAL DE LA REPÚBLICA ARGENTINA is hereby empowered to appoint paying agents to meet bond services.

d) placement and Price: In the manner, under the conditions and at the intervals to be determined by BANCO CENTRAL DE LA REPÚBLICA ARGENTINA.

f) Advance Redemption: The SECRETARIAT OF THE TREASURY is hereby empowered to order the advance redemption of all or part of the bonds to be issued, for the value of the unpaid capital plus accrued interest.

g) Tax Exemptions: The services shall be paid without any deduction whatsoever for any present of future liens, taxes or duties, in force in Argentina.

to persons resident or domiciled in the country. For the purposes provided in this subsection, public offering is considered as provided in Article 16 of Law 17.811. BANCO CENTRAL DE LA REPÚBLICA ARGENTINA and the COMISIÓN DE VALORES, within the areas of their respective jurisdictions, shall supervise compliance with the provisions of the immediately preceding paragraph.

d) Financial services: they shall be paid by BANCO CENTRAL DE LA REPÚBLICA ARGENTINA in United States dollars by transfer on the New York, Frankfurt, London or Zurich markets, at the option of the holder, to the credit of the account opened in his name, which he shall specify at the time of subscription or on the occasion provided in the second paragraph of subsection c) of that article, 30 days in advance of the time of each service. BANCO CENTRAL DE LA REPÚBLICA ARGENTINA is empowered to appoint paying agents to attend to the services of the bond.

e) Placement and price: in the forms, conditions and with the frequencies determined by BANCO CENTRAL DE LA REPÚBLICA ARGENTINA.

f) Advance redemption: the SECRETARIAT OF THE TREASURY is empowered to order the advance redemption of all or part of the bonds to be issued, for the value of the outstanding principal plus accrued interest.

g) Tax exemptions: the services shall be paid without making any deduction on account of liens, taxes or duties, present or future, in force in the Republic.

h) Nominal Value of Certificates: The shall be printed for a nominal value of not less than FIVE THOUSAND UNITED STATES DOLLARS (U$S 5.000).

---------------- ----------------------------------------------------------------- DECREE NRO. 1334/82 BIGNONE Jorge Wehbe

h) Nominal value of the certificates: they shall be printed for a nominal value of not less than FIVE THOUSAND UNITED STATES DOLLARS (U$S 5.000).

-------------------------- ----------------------------------------------------------------- DECREE NRO. 1334/82

REVERSE OF THE
BOND

Buenos Aires, December 21, 1982

WHEREAS provisions of Decrees No. 1334 dated November 26, 1982, Nro. 1336 dated November 26, 1982 and Communiqué "A" 251, dated November 17, 1982 of Banco Central de la República Argentina.

THE PRESIDENT OF THE ARGENTINE NATION

DECREES:

ARTICLE 1 - Registered Bonds denominated in United States Dollars and Public Debt Securities provided for in Decrees Nros. 1334, and 1336, both dated November 26, 1982, besides being applied to the settlement of foreign debts described under Article 2 of both decrees, may be also delivered by Banco Central de la República Argentina, to creditors as guaranty for the performance of the debtor’s obligations refinanced by the parties to the loan agreement.

ARTICLE 2 - Banco Central de la República Argentina may agree and resolve as to how to evidence that Public Debt Bonds or Securities, Decrees 1334 y 1336 dated November 26, 1982 respectively, are delivered as guaranty. Banco Central de la República Argentina to the extent its own property is not affected, and acting in its capacity as Financial Agent for account and order of the National State, may also provide for other mechanisms to guarantee the performance of obligations of debtors who paid the exchange insurance amount in pesos.

Buenos Aires, 21 December 1982.

WHEREAS the provisions of Decrees Nros. 1334 of November 26, 1982 and 1336 of November 26, 1982 and Communication "A" 251 of November 17, 1982 of the Banco Central de la República Argentina.

THE PRESIDENT OF THE ARGENTINE NATION

DECREES

ARTICLE 1st. - The registered bonds in United States dollars and the public debt securities contemplated respectively in Decrees Nos. 1334 and 1336, both dated 26 November 1982, in addition to being intended to cancel the external obligations described in Article 2nd. of both decrees, may also be delivered by the Banco Central de la República Argentina to creditors as guaranty for the performance of the obligations of the debtor refinanced by the parties to the loan agreement.

ARTICLE 2nd. - The Banco Central de la República Argentina may agree and resolve the form in which the circumstance that the bonds or public debt Securities - Decrees Nos. 1334 and 1336 of 26 November 1982 respectively - are delivered as guaranty shall be recorded. The Banco Central de la República Argentina may also, to the extent that it does not affect its own assets and acts as Financial Agent for and on behalf of the National State, provide other mechanisms to guarantee the performance of the obligations of the debtors that have paid in pesos the amount corresponding to the exchange insurance

ARTICLE 3 - Banco Central de la República Argentina is hereby entitled to deliver to local financial institutions who are creditors of obligations described in Articles No 2 both of Decree No 1334 and Decree No 1336, dated November 26, 1982, Public Debt Bonds or Securities contemplated therein. Such delivery shall be made, as the case may be, in settlement or in guaranty for the performance of above obligations. In such events, the local financial institution shall not assign, transfer or endorse such bonds or obligations in the country, however, such institution is authorized to give them to its creditors abroad in payment, assignment or guaranty.

---------------------------------------------------------------------------------- DECREE NRO.. 1603/92 BIGNONE Jorge Wehbe

ARTICLE 3rd. - The Banco Central de la República Argentina is authorized to deliver to local financial institutions that are creditors of the obligations described in Articles 2nd. of Decrees Nos. 1334 and 1335 of 26 November 1982 the Bonds or public debt Securities contemplated therein. Such delivery shall be made, as applicable, in cancellation or guaranty of the performance of the aforementioned obligations. In such cases the local financial institution may not give, assign or endorse the bonds or securities in the country, being authorized instead to give them in payment, assignment or guaranty to its creditors abroad.

--------------------------------------------------------------------------------------------- - DECREE NRO.. 1603/83

REVERSE OF THE SECURITY RESOLUTION NRO. 46

Buenos Aires, January 24, 1983

WHEREAS the provisions of National Executive Power Decrees 1334/82 and 1336/82, the report submitted in File N 101409/(2 and the advice given by the General Management:

THE PRESIDENT OF BANCO CENTRAL DE LA
REPÚBLICA ARGENTINA
RESO
LVES:

1. ...

2.

3. The "REGISTERED BONDS DENOMINATED IN UNITED STATES DOLLARS" - First Series, is hereby issued on November 26, 1982, according to the characteristics set forth in Decree Nro.. 1334 dated November 26, 1982 in the amount of TWO BILLION UNITED STATES DOLLARS NOMINAL VALUE (U$S 2.000.000.000 nominal value), to be distributed in sheets in denominations of U$S 5.000; u$s 10.000; u$s 25.000, u$s 50.000 and u$s 100.000.

4. ...

5. ...

6. To the purposes established in Decree No. 1334/82, Article 3, paragraph a) (Registered Bonds denominated in United States Dollars"), and in Decree Nro.. 1336/82, Article 3, paragraph b) (United States Dollar obligations of the National Government), an additional rate mentioned in above paragraphs of two points is set in excess of the interest rate p.a. to be established for the appropriate issues at commencement of each interest period.

RESOLUTION NRO.. 46

Buenos Aires, 24 January 1983

WHEREAS the provisions of Decrees of the National Executive Power 1334782, 1335/82 and 1336/82, the report submitted in File Nro.. 101.409/82 and the advice given by the General Management,

THE PRESIDENT OF BANCO CENTRAL DE LA
REPÚBLICA ARGENTINA
RESU ELVE

1. ....

2. ...

3. Issue, in accordance with the characteristics provided in Decree Nro.. 1334 of 26.11.82, the first series of the "REGISTERED BONDS IN UNITED STATES DOLLARS", dated 26 November 1982, in an amount of TWO BILLION DOLLARS NOMINAL VALUE (u$s 2.00.000.000 n/v) to be distributed in sheets of u$s 5.000; u$s 10.000; u$s 25.000; u$s 50.000 and u$s 100.000.

4. ...

5. ...

6. For the purposes of the provisions of subsection a) of Article 3rd. of Decree Nro.. 1334/82 ("REGISTERED BONDS IN UNITED STATES DOLLARS") and in subsection b) of Article 3rd. of Decree Nro.. 1336/82 (obligations in United States dollars of the National Government), set the surcharge referred to in the aforementioned subsections at two points above the annual interest rate to be established for the respective issues at the time of the commencement of each income period.

Julio Gonzalez del Solar

7. …..
8……
9. ……

Julio Gonzalez del Solar

7. …..
8……
9. ……

B.C.R.A.
BASIC TEXT OF THE "PROMISSORY NOTE"
(Obligations in United States dollars. of the National Government)
Annex II to
Com."A" 278

U$S .....................
(Date)

The Republic of Argentina ("PAYOR") acting through the Banco Central de la República Argentina (BCRA) as its financial agent in accordance with Decrees N 1336/82 and 1603/82 of the National Executive Power, promises to pay in (settlement or guarantee) of the debt of (debtor’s name) to (creditor’s name) (PAYEE), regardless of the capacity in which this promissory note has been delivered to him, the principal amount of United States Dollars in four equal installments of United States dollars ............... each on .............................., and ..... together with interest on the unpaid balance hereof from time to time outstanding at a rate per annum equal to ............. percent over the LIBO rate (as hereinafter defined) from time to time in effect, which interest shall be payable semi-annually in arrears on ........ and ....... (each an "interest payment date") of each year and upon payment of this note in full. LIBO rate shall mean, for each semi-annual period commencing on an interest payment date during which any principal of this note is outstanding, the arithmetic mean of the respective rates quoted by the correspondents of BCRA in London as the rate at which deposits in United States dollars for periods of six months are offered to them by prime banks in the Eurodollar Interbank Market at the close of the London Banking day which is one London Banking day prior to such interest payment date. No later than each interest payment date, BCRA shall determine and advise Payee of the interest rate to be in effect for the period commencing on such a interest payment date.

U$S .....................
(Date)

The Republic of Argentina (the "PAYOR") acting through the Banco Central de la República Argentina ("BCRA") in its capacity as financial agent, in accordance with Decrees Nos. 1336/82 and 1603/82 of the National Executive Power, undertakes to pay in (settlement or guarantee) of the debt of (debtor’s name) to (creditor’s name) (BENEFICIARY), regardless of the capacity in which this promissory note has been delivered to it, the principal sum of ........... United States dollars in four equal installments of ........... United States dollars each on ..... of ........ and on ...... of ........ together with interest on the unpaid balance hereof from time to time outstanding, at an annual rate equal to ............... percent over the LIBOR rate (as defined below) in effect from time to time, such interest being payable semi-annually in arrears on ............. and ............. (each of such dates being an "interest payment date") of each year and until payment in full of this promissory note. The LIBOR rate shall mean, for each semi-annual period commencing on an interest payment date, during which any principal amount of this promissory note is outstanding, the arithmetic mean of the respective rates quoted by the correspondents in London of the BCRA as the rate at which prime banks offer them deposits in United States dollars in the Eurodollar Interbank Market for terms of six months at the close of the London Banking Day which is one Banking Day prior to such interest payment date. No later than each interest payment date, the BCRA shall determine and notify the Beneficiary All payments hereunder shall be made in lawful money of the United States of America by transfer for credit to the account of ........... No. ............... or for the account its transferee or assignees shall have designated in writing to BCRA for such purpose at least thirty days prior to the date on which any payment is due hereunder.

All payments to be made hereunder shall be made without deduction for or on account of any present or future taxes now or hereafter imposed by, or within the territory of, Payer or any political subdivision thereof.

The terms of this note may not be changed, waived, discharged, or terminated except by the instrument in writing signed by the party against which enforcement of such change, waiver discharge or termination is sought and shall inure to the benefit of and be enforceable by Playee, its successors and assigns, provided, however, that no transfer or assignment of this note shall be made by Payee (A) to any person other than a financial institution not domiciled in the Argentine Republic and (B) without giving written notice to BCRA of the name and domicile of the transferee or assignee, and provided further that any transfer in contravention of the foregoing shall be void and of no effect as against Payor and neither Payor nor any agent or instrumentality thereof shall be

the interest rate that shall be in effect for the period commencing on such interest payment date.

All payments hereunder shall be made in lawful currency of the United States of America by transfer to be credited to the account of .........No. ...... or to the account that its assignee has designated in writing by informing the BCRA for such purpose at least thirty days prior to the date on which any payment becomes due hereunder.

All payments to be made hereunder shall be made without deduction by way of or on account of present or future taxes now or hereafter imposed by the Payor or within the territory thereof or by any political subdivision thereof.

The terms of this promissory note may not be modified, waived, cancelled or terminated except by a written instrument signed by the party against which such modification, waiver, cancellation or termination is to be enforced, and such terms shall inure to the benefit of the Beneficiary and shall be enforceable by the same, its successors and assigns, provided, however, that the Beneficiary shall not make any transfer or assignment of this promissory note (A) to any person except a financial institution not domiciled in the Argentine Republic and (B) without notifying BCRA in writing of the name and domicile of the assignee, it being further provided that any transfer in contravention of the foregoing shall be null and void against the Payor, and neither the Payor nor any

B.C.R.A.
BASIC TEXT OF THE "PROMMISORY NOTE"
(Obligations in United States dollars. of the National Government)
Annex II to
Com. "A" 278

required to recognize or afford the same. Payor agrees and the holder of this note by its acceptance hereof agrees for itself and its successors and assigns, that any suit, action or proceeding arising out of or relating to this note must be instituted ............................... …………………………………………………… ……. to, waive any objection which they may now or hereafter have to the laying of the venue of any such suit, action or proceeding and irrevocably to submit to the jurisdiction of any such court in any such suit, action or proceeding.

In witness whereof, Payor has exe-cuted this note on the date written above.

BANCO CENTRAL DE LA
REPÚBLICA ARGENTINA
AS FINANCIAL AGENT FOR LA
REPÚBLICA ARGENTINA

BY:

agent or agency thereof shall be obligated to recognize or accept it.

The Payor agrees and the holder of this promissory note by its acceptance hereof agrees for itself and its successors and assigns, that any suit, action or proceeding arising out of or relating to this promissory note may be instituted .....................…………… .................………............................................... ......................................., to waive any objection which they may now or hereafter have to the laying of venue in any such suit, action or proceeding and irrevocably to submit to the jurisdiction of any such court in any such suit, action or proceeding.

In witness whereof, the Payor has executed this promissory note on the date first above written.

BANCO CENTRAL DE LA
REPÚBLICA ARGENTINA
AS FINANCIAL AGENT
OF THE ARGENTINE REPUBLIC

BY:

B.C.R.A.
CREDITOR'S NOTE TO THE “B.C.R.A.”
Annex III to
Com. "A" 278

(Date)
(Date)

RE: U$S ............................. LOAN AGREE-MENT DATED ...... WITH .................... AS BORROWER AND ......... AS LENDER (the "loan agreement")

REF.: LOAN AGREEMENT FOR U$S .................. DATED ....................... WITH .....………………........................... ...............................AS BORROWER and ……………………….... ....................................AS LENDER (the "Loan Agreement").

TO
BANCO CENTRAL DE LA REPÚBLICA AR-
GENTINA:

TO
BANCO CENTRAL DE LA REPÚBLICA AR-
GENTINA:

We herewith confirm the information set forth in the letter date , 198 from the bor-rower to Banco Central de la República Argen-tina (BCRA) a copy of which is attached.

We hereby confirm the information contained in the letter dated , 198 addressed by the Borrower to the Banco Central de la República Argentina ("BCRA"), a copy of which is attached.

We further confirm and agree that (in lieu of the obligation of Borrower under the loan agreement or as guarantee for Borrower’s obligations under the loan agreement) we shall accept: (1. or 2. or any mixture thereof).

We further confirm and agree that (in lieu of the Borrower's obligation under the loan agreement or as guarantee of the Borrower's obligations arising under the loan agreement), we shall accept: (1. or 2. or a combination of both).

1. Performance by la República Argentina in accordance with the terms of the promissory note attached hereto (the "promissory note") and to be executed by BCRA as financial agent of la República Argentina.

1. Performance by the Argentine Republic in accordance with the terms of the promissory note attached hereto (the "promissory note") to be executed by BCRA as financial agent of the Argentine Republic.

2. REGISTERED BONDS DENOMINATED IN UNITED STATES DOLLARS issued in accordance with decrees Nros 1334/82 and 1603/82 of the National Executive Power and Resolution N 46/83 of BCRA.

2. "REGISTERED BONDS IN UNITED STATES DOLLARS" issued in accordance with Decrees Nos. 1334/82 and 1603/82 of the National Executive Power and Resolution No. 46/83 of the BCRA.

All payments in respect of the (promissory note and/or the bonds) shall be made for credit to our account Nro..

All payments with respect to the (promissory note and/or the bonds) shall be for credit to our account No..

This accord and satisfaction shall be effective upon our receipt of the above mentioned (promissory note and/(or bonds).

This agreement and satisfaction shall be effective upon our receipt of the aforementioned (promissory note and/or bonds).

Upon such receipt, we agree that all obligations of the borrower in respect of the loan agreement shall have been duly (discharged and satisfied or guaranteed).

We further recognize the authority of BCRA to inquire into information concerning the loan agreement and we agree to cooperate with BCRA in such endeavor.

Hereby we authorize …………….... to receive in our behalf the (promissory note and/or the bonds).

The foregoing is premised and conditioned upon the receipt of the (promissory note and/or the bonds) duly executed not alter than 10 business day from the date hereof.

Name of the creditor:
By:
Tittle:

Upon receipt of such documents, we agree that all the obligations of the borrower with respect to the loan agreement shall have been duly (cancelled and fulfilled or guaranteed).

Likewise, we acknowledge the authority of the BCRA to request information regarding the loan agreement and we agree to cooperate with the BCRA in such task.

We hereby authorize ...........………………………….. to receive on our behalf (the promissory note and/or the bonds).

The foregoing specifications are conditioned upon receipt of the (promissory note and/or the bonds) duly formalized no later than 10 business days after the date hereof.

Name of the creditor:
By:
Position:

B.C.R.A.
CREDITOR'S NOTE TO THE “B.C.R.A.”
Annex IV to
Com. "A" 278

(Date)
TO
BANCO CENTRAL DE LA REPÚBLICA AR-
GENTINA
RE:
U$S
..................
LOAN AGREEMENT
DATED .…………………….......... WITH
...............……………………………...........
AS LENDER (the "Loan agreement").

(Date)
TO THE
BANCO CENTRAL DE LA REPÚBLICA AR-
GENTINA
RE: LOAN AGREEMENT FOR
......…………………………..... UNITED STATES
DOLLARS WITH ...................
…………………………..AS
LENDER (the "Loan
Agreement").

With regard to the above captioned loan agreement, we hereby represent and warrant to you as follow:

With regard to the above captioned loan agreement, we hereby represent and warrant to you as follows:

1. As of the date hereof, our total obligation under the loan agreement is u$s , of which u$s represent the unpaid principal balance and u$s represent accred and unpaid interest thereon.

1. As of the date hereof, the total of our obligation arising from the loan agreement is .............. United States dollars, of which ........... United States dollars represent the unpaid principal balance and ................... United States dollars represent the accrued and unpaid interest thereon.

2. The applicable interest rate is (rate or formula).

2. The applicable interest rate is (rate or formula).

3. The maturity date(s) of obligations under the loan agreement is

3. The maturity date or dates of the obligations under the loan agreement is (are).

4. The name, address and telex number of the lender under the loan agreement are as follows:

4. The name, address and telex number of the lender under the loan agreement are as follows:

5. We hereby authorize you to contact the (name of creditor) or any other bank participating in this credit in order to verify the above terms of the loan agreement and any other terms thereof or related there to which you may seem relevant. We acknowledge that any such inquiry on your part will not constitute an invasion of our privacy or infringe any other rights we may possess, and we intend hereby to

5. We hereby authorize you to consult (name of the creditor) or any other bank participating in this credit in order to verify the aforementioned terms of the loan agreement and any other terms thereof or related thereto, which you may consider relevant. We acknowledge that any inquiry on your part will not constitute an invasion

waive any right we may under Argentine law, the federal law of the United States of America or the law of any state or local subdivision thereof. (If any credits are from non-United States Banks the names of those countries should be inserted instead).

of our privacy nor infringe any other right we may possess, and we hereby intend to waive any right we may have under the laws of Argentina, the federal laws of the United States of America or the laws of any state or local subdivision thereof. (If any credits were from Banks that are not from the United States, the names of the corresponding countries should be inserted instead).

Debtor:
By:
Tittle

Debtor:
By:
Position:

ANNEX V TO COMMUNICATION “A” 278

BANCO CENTRAL DE LA
ARGENTINE REPUBLIC
CERTIFICATION OF
FINANCIAL INSTITUTIONS ON
LOANS SUBJECT TO THE
CONSOLIDATED LOAN
(1)

1- INSTITUTION:	No.
2 -EXCHANGE INSURANCE	No.	General Tax Directorate
3 -POLICYHOLDER DATA		Income Tax
Corporate name		No.
		Value Added Tax (VAT)
Surnames and names		No.
		Identity Document (2)
		Class	Number
		Issued in:

4 - CONSOLIDATED LOAN SUBLIMIT AT REGULATED RATE

Balance as of // of debts for amounts allocated to the cancellation schedule of the Consolidated Loan.-

Amount:

5 - CONSOLIDATED LOAN SUBLIMIT AT FREE RATE

Balance as of // of debts for amounts allocated to the cancellation schedule of the Consolidated Loan.-

Amount:

Place and Date:
Authorized Signatures

[1] - Reserved for the Central Bank of the Argentine Republic. (2) - Indicate L.E.; L.C.; D.N.I. (Mandatory for Argentines) or C.I.; Passport, indicating in the latter cases the place where it was issued.

ANNEX VI TO COMMUNICATION “A” 278

CENTRAL BANK OF THE
ARGENTINE REPUBLIC
APPLICATION FOR SUBSCRIPTION OF MONETARY
ABSORPTION BOND
(1)

INSTITUTION:
No.

EXCHANGE INSURANCE
No.
Maturity date
(Value Date)
Amount in US$
Income Tax
No.
Value Added Tax
(VAT)
No.
DATA OF THE INSURANCE POLICYHOLDER
Corporate name
Surnames and names
Identity Document (2)
Class
Number
Issued in:
ADDRESS
No.
Street:
Locality and province
Postal Code
Floor
Apt.
Telephone
I declare under oath that the data listed above are correct and that the debts detailed in points II and III include all of those I maintain with the financial institutions of the country for the concepts expressed therein. Signature of the borrower

I - Amount credited corresponding to the compensation $

Exchange rates: At the date of agreement At the date of settlement

II - We authorize the debit from our special account established in point 1.2.1 of communication "A" 278 of the amount indicated in TOTAL 3., which must be credited to the current accounts detailed below for the amounts stated in each case. (3)

1.Assigned to the Consolidated Loan - Sublimit: Regulated Rate.
FINANCIAL INSTITUTIONS
Code	Name	Amounts in pesos
	TOTAL 1
2. Assigned to the Consolidated Loan - Sublimit: Free Rate
FINANCIAL INSTITUTIONS
Code	Name	Amounts in pesos
	TOTAL2
	TOTAL 3 = TOTAL1 + TOTAL 2

III - Debts cancelled previously by application of the amount resulting from the exchange rate compensation, corresponding to the insurance contract entered into with the financial institution:

with date /
/
, by Form 3890 No. (3)

3. Assigned to the Consolidated Loan - Sublimit: Regulated Rate.

	FINANCIAL INSTITUTIONS
Code	Name	Amounts in pesos
	TOTAL 4

4. Assigned to the Consolidated Loan - Sublimit: Free Rate

	FINANCIAL INSTITUTIONS
Code	Name	Amounts in pesos
	TOTAL 5
	TOTAL 6 = TOTAL4 + TOTAL 5

I- Application for subscription of "Monetary Absorption Bond" (Effective value = I -II )

Amount to be debited:
$

We certify that the data of the taker of the exchange insurance and the Contract Number entered into with the B.C.R.A. detailed above as well as the amount indicated in point I are correct.

Place and date
Authorized Signatures

RESERVED FOR THE CENTRAL BANK OF THE ARGENTINE REPUBLIC
Rediscount Sector	Exchange Operations Dept.	Accounting Dept.
	Signature	Signature

Observations:

[1] (1)Reserved for the B.C.R.A. (2) Indicate L.E.; L.C.; D.N.I. (Mandatory for Argentines) or C.I.; Passport, indicating in these latter cases the place where it was issued. (3) If the 6 lines are insufficient, attach a complementary detail sheet, specifying the identifying data of the Exchange Insurance.

ANNEX VII TO COMMUNICATION “A” 278

CENTRAL BANK OF THE
ARGENTINE REPUBLIC
REQUEST FOR DELIVERY
.OF SECURITIES

• COMMUNICATION “A” 278-
  (1)
  AUTHORIZED ENTITY:
  No.

To the Central Bank of the Argentine Republic: We hereby request the delivery of the instruments indicated in I in favor of the external creditor designated in II, covering the exchange contract mentioned in IV. The creditor's consent to receive payment with such instruments is attached, according to the following detail:

	Amount in US$
I. Dollar obligations of the National Government (Decree No. 1336/82)
Registered bonds in United States dollars (according to the settlement stated in point III)
II. Beneficiary:
Address:
Authorization is granted to withdraw the documents listed above
Identity Document (Type and No.)
The financial services will be paid to the beneficiary at Bank
For the credit of the account
III. Value of the exchange insurance	a.	Amount in US$
Nominal value of awarded bonds (2)	b.
Effective value of awarded bonds (Nominal value plus interest as of the maturity date of the contract) (2)	c.
Balance less than US$ 5,000 transferred in favor of the above-mentioned creditor and which will be credited at the Bank and in the account cited in point II. (2)	d=(a-c)
Exchange Insurance Contract	Amount in US$	Sworn declaration in Form 3886

Place and Date:
Authorized signatures

	AWARDED SHEETS
Value	Quantity	Nominal value	Numbering
5,000
10,000
25,000
50,000
100,000
TOTAL:

We receive in accordance with the values detailed above.

Place and Date

Signatures and clarification.

[1] Reserved for the Central Bank of the Argentine Republic (2) Complete only if you opted exclusively for Registered Bonds in United States dollars.

ANNEX VIII TO COMMUNICATION “A” 278

CENTRAL BANK OF THE
ARGENTINE REPUBLIC
Dept. of Exchange Move- ments and Funds with Abroad.
EXCHANGE INSURANCES

• Communication “A” 251 -
  Point 1.2. c)
  Presentation of proposal and conditions
  (1)

AUTHORIZED INTERVENING ENTITY:	No.
2-DATA OF THE POLICYHOLDER	General Tax Directorate
Corporate name	Income Tax
	No.
	Value Added Tax (VAT)
	No.
Surname and given names	Identity Document (2)
	Class Number
	Issued in
Address
Street	No. Floor Apt.
Locality	Postal Code Telephone
3- DATA OF THE CREDITOR
Corporate name
Surname and given names
Address
Country	Code
No. 4 - EXCHANGE INSURANCE CONTRACT.
Amount in United States dollars
5- DATE OF EXECUTION.
Exchange rate.
Due date.
Form 2617 “A” No.	Form 4002 “A” No.
6- ORIGINAL CREDIT
Amount of the obligation with the exterior in United States dollars:
Date on which the obligation was contracted	/ /
	No.
Form 3191/3189 (3) : Date of presentation	/ /

Presentation:

It is declared under oath that the information provided is accurate.

/ /
Signature and clarification

We certify that the signature of the applicant matches the one registered in our books and that we have complied with the requirements of Communication “A” 13, Circular CAMEX 1, Chapter IV

Stamp and authorized signatures

RESOLUTION OF THE CENTRAL BANK OF THE ARGENTINE REPUBLIC

Note. Persons or entities that incur false declarations shall be subject to the sanctions provided in the “Law of the Criminal Exchange Regime, Text Ordered in 1982”, Decree No. 1265 of 15.11.82.

(1)Reserved for the B.C.R.A. (2) Indicate L.E.;L.C.; D.N.I. (Mandatory for Argentines) or C.I. ; Passport, indicating in the latter cases the place where it was issued. (3) Indicate with “X” what corresponds.