ANNEX 1

TELECOM ARGENTINA ELECTION OF OPTIONS BY SERIES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SERIES


  

Currencies
of

issuance


  

OPTION A in the
currencies of

issuance


  

OPTION B the
currencies of

issuance


  

OPTION C the

currencies of

issuance


  

TOTAL the

currencies of

issuance


  

OPTION A in
AR$


  

OPTION B

in AR$


  

OPTION C
in $


  

TOTAL in
AR$


Total SERIES C ISIN N US879273AE01

  

US$

  

34,639,000.00

  

75,767,000.00

  

1,769,000.00

  

112,175,000.00

  

103,813,083.00

  

227,073,699.00

  

5,301,693.00

  

336,188,475.00

Total SERIES E ISIN N XS0076226942

  

US$

  

  

  

99,000,000.00

  

  

  

99,000,000.00

  

  

  

296,703,000.00

  

  

  

296,703,000.00

Total SERIES F ISIN N XS0076689024

  

Liras

  

162,892,400,000.00

  

172,673,200,000.00

  

10,539,400,000.00

  

346,105,000,000.00

  

307,088,436.90

  

325,527,422.29

  

19,869,115.27

  

652,484,974.46

Total SERIES H ISIN N XS0084707313

  

Liras

  

136,929,700,000.00

  

188,784,600,000.00

  

13,635,700,000.00

  

339,350,000,000.00

  

258,142,967.62

  

355,900,997.99

  

25,706,330.06

  

639,750,295.67

Total SERIES I ISIN N XS0096148779

  

Euro

  

73,038,000.00

  

95,639,000.00

  

6,741,000.00

  

175,418,000.00

  

266,610,611.40

  

349,111,041.70

  

24,606,672.30

  

640,328,325.40

Total SERIES K ISIN N XS0099123712

  

Euro

  

91,867,000.00

  

91,936,500.00

  

9,833,500.00

  

193,637,000.00

  

335,342,110.10

  

335,595,805.95

  

35,895,225.05

  

706,833,141.10

Total SERIES 1 ISIN N XS0109260686

  

Euro

  

78,221,500.00

  

125,477,500.00

  

6,874,000.00

  

210,573,000.00

  

285,531,941.45

  

458,030,518.25

  

25,092,162.20

  

768,654,621.90

Total SERIES 2 ISIN N XS0131485624

  

Euro

  

45,902,000.00

  

108,022,000.00

  

3,060,000.00

  

156,984,000.00

  

167,556,070.60

  

394,312,706.60

  

11,169,918.00

  

573,038,695.20


Note: This table presents the options elected by the creditors represented at the Meeting, expressed by series as totals in nominal value in currencies of issuance and in Argentine Pesos at the cut-off date (August 31, 2004).