Crédito Directo S.A.´s AR$ 75,000,000 Class V Short Term Notes Issuance

Deal counsel in the issuance of Crédito Directo S.A.´s AR$ 75,000,000 Class V Short-Term Notes under its $ 500,000,000 Global Short-Term Notes Programme.

Banco de Servicios y Transacciones S.A. acted as arranger and placement agent. Banco Mariva S.A., Puente Hnos. S.A. and Tarallo S.A. acted as placement agents.