Deal awarded

The debt restructuring of Transportadora de Gas del Sur S.A. (“TGS”), one of the largest private debt restructuring closed in Argentina to date, was recognized as the Best Restructuring Deal in Latin America according to the February 2005 issue of Euromoney magazine: the Deals of the Year.

TGS was advised in Argentina by its internal counsel Enrique Prini Estebecorena and by Marval, O’Farrell & Mairal, through partners Ricardo W Beller, Martín Campbell and Luciano Ojea Quintana and associates Hernán Slemenson (of the firm’s New York office), Mariano Gramajo, Facundo Recondo, Lara Rodríguez Peña and Sergio Tálamo.