On March 9, 2009, the ordinary shareholders’ meeting of Grupo Financiero Galicia and a meeting of the Board of Directors created a Global Short-, Medium- and Long-Term Note Program, for a maximum outstanding amount of US$60 million, or its equivalent in any other currency. Additionally, the ordinary and extraordinary shareholders’ meeting of Grupo Financiero Galicia held on April 14, 2010 approved an extension of US$40 million in the amount of the Global Program of simple short-, mid- and/or long-term Negotiable Obligations. Therefore, the maximum amount of the Program, was set up to US$100 million or its equivalent in any other currency. Please note that this extention has not been yet required to the Comisión Nacional de Valores.
The Program’s main conditions are as follows: