<SEC-DOCUMENT>0001292814-17-001790.txt : 20170720
<SEC-HEADER>0001292814-17-001790.hdr.sgml : 20170720
<ACCEPTANCE-DATETIME>20170719190253
ACCESSION NUMBER:		0001292814-17-001790
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170630
FILED AS OF DATE:		20170720
DATE AS OF CHANGE:		20170719

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERICA MOVIL SAB DE CV/
		CENTRAL INDEX KEY:			0001129137
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			O5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16269
		FILM NUMBER:		17973156

	BUSINESS ADDRESS:	
		STREET 1:		LAGO ZURICH 245
		STREET 2:		COLONIA GRANADA AMPLIACION
		CITY:			MEXICO DF
		STATE:			O5
		ZIP:			11529
		BUSINESS PHONE:		5255-2581-4449

	MAIL ADDRESS:	
		STREET 1:		LAGO ZURICH 245
		STREET 2:		COLONIA GRANADA AMPLIACION
		CITY:			MEXICO DF
		STATE:			O5
		ZIP:			11529

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICA MOVIL SA DE CV/
		DATE OF NAME CHANGE:	20010119

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICA  MOBILE
		DATE OF NAME CHANGE:	20001221

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN MOBILE
		DATE OF NAME CHANGE:	20001215
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>amxpr2q17_6k.htm
<DESCRIPTION>AMERICA MOVIL'S SECOND QUARTER OF 2017 FINANCIAL AND OPERATING REPORT
<TEXT>

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   <TITLE>amxpr2q17_6k.htm - Generated by SEC Publisher for SEC Filing</TITLE>
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<DIV align=center><FONT color=#000000 size=4 face="Times New Roman"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Washington, D.C. 20549 </B></FONT></DIV><BR>

<DIV align=center></DIV><BR>

<DIV align=center><FONT color=#000000 size=4 face="Times New Roman"><B>FORM 6-K </B></FONT></DIV><BR>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman">Report of Foreign Private Issuer<BR>Pursuant to Rule 13a-16 or 15d-16 of the</FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman">Securities Excha</FONT><FONT color=#000000 size=3 face="Times New Roman">nge Act of 1934</FONT></DIV>

<DIV>&nbsp;</DIV>

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<DIV><FONT color=#000000 size=3 face="Times New Roman"><B>For the month of&nbsp;July, 2017</B></FONT></DIV><FONT color=#000000 size=3 face="Times New Roman"><B><BR></B></FONT><FONT color=#000000 size=3 face="Times New Roman"><B>Commission File Number: 1-16269 </B></FONT></DIV>

<DIV>&nbsp;</DIV>

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<DIV align=center><FONT color=#000000 size=4 face="Times New Roman"><B>AM&#201;RICA M&#211;VIL, S.A.B. DE C.V. </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">(Exact name of registrant as specified in its charter) </FONT></DIV>

<DIV align=center><FONT color=#000000 size=4 face="Times New Roman"><B>America Mobile</B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">(Translation of Registrant&#180;s name into English) </FONT></DIV>

<DIV>&nbsp;</DIV>

<DIV align=center></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><B>Lago Zurich 245<BR>Plaza Carso / Edificio Telcel<BR>Colonia Ampliaci&#243;n Granada&nbsp;<BR>Delegaci&#243;n Miguel Hidalgo,<BR>11529, Mexico City, Mexico<BR></B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">(Address of principal executive office)</FONT></DIV>

<DIV>&nbsp;</DIV>

<P></P>

<P></P>

<P></P>

<P></P>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">Indicate by check mark whether the registrant files or will file annual reports<BR>under cover Form 20-F or Form 40-F.&nbsp;<BR>Form 20-F ___X___ Form 40-F _______ </FONT>

<P><FONT size=2 face="Times New Roman, Times, Serif">Indicate by check mark if the Registrant is submitting this Form 6-K in paper as<BR>permitted by Regulation S-T Rule 101(b)(1):<BR>Yes _______ No ___X____<BR><BR>Indicate by check mark if the Registrant is submitting this Form 6-K in paper as<BR>permitted by Regulation S-T Rule 101(b)(7):<BR>Yes _______ No ___X____<BR><BR>Indicate by check mark whether the registrant by furnishing the information contained in this Form 6-K is also thereby furnishing the information to the<BR>Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.<BR>Yes _______ No ___X____ </FONT></P>

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<P style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: 13.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#0085a9 face=Asap>Am&#233;rica M&#243;vil&#8217;s second quarter of <BR>2017 financial and operating report</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 7pt" color=#5e5e5e face=Asap>Mexico City, July 18, 2017 - Am&#233;rica M&#243;vil, S.A.B. de C.V. (&#8220;Am&#233;rica M&#243;vil&#8221;) [BMV: AMX] [NYSE: AMX, AMOV], announced today its financial and operating results for the second quarter of 2017.&nbsp;</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" color=#5e5e5e face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 0.5in; LINE-HEIGHT: 10.5pt; TEXT-INDENT: -0.25in"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Our postpaid wireless subscriber segment continued delivering growth as it registered an annual increase of 5.1% after net additions of 565 thousand in the quarter, including 166 thousand in Mexico and 124 thousand in Brazil.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 0.5in; LINE-HEIGHT: 10.5pt; TEXT-INDENT: -0.25in"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>On the fixed-line platform broadband accesses were up 5.7% year-on-year after 209 thousand new access gains in the quarter, while our Pay TV subscriber base registered 278 thousand disconnections, 1.3% of total PayTV units.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 0.5in; LINE-HEIGHT: 10.5pt; TEXT-INDENT: -0.25in"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Our second quarter revenues rose 6.9% from the year-earlier quarter to nearly 250 billion pesos, with service revenues climbing 8.1%. At constant exchange rates, service revenues were up 4.2% year-on-year, their best performance in ten quarters, driven by mobile data revenues that were up 21.8%.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 0.5in; LINE-HEIGHT: 10.5pt; TEXT-INDENT: -0.25in"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>EBITDA rose 13.7% year-on-year to 69.4 billion pesos. At constant exchange rates, EBITDA shot up 10.4%, marking its strongest climb in the last five years. All our operations observed sequential increases in EBITDA, with very significant moves in Peru, Chile, Argentina, Europe, Mexico and Colombia.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 0.5in; LINE-HEIGHT: 10.5pt; TEXT-INDENT: -0.25in"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>The EBITDA margin stood at 27.8%, up 0.7 percentage points from the prior quarter and up 1.7 percentage points from the year-earlier quarter. Almost all of our operations presented sequential increases in EBITDA margins.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 0.5in; LINE-HEIGHT: 10.5pt; TEXT-INDENT: -0.25in"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Our operating profit increased 21.0% from the year-earlier quarter to 31.2 billion pesos. After our comprehensive financing cost of 13.3 billion pesos, it helped bring about a net profit of 14.3 billion pesos, an 86% year-on-year increase.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 0.5in; LINE-HEIGHT: 10.5pt; TEXT-INDENT: -0.25in"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>We achieved a net debt reduction of 27.0 billion pesos&#8212;in cash flow terms&#8212;in the second quarter. Our outstanding net debt has come down from 629.7 billion pesos in December to 550.8 billion pesos in June, a 12.5% decrease. This reflected positively on our net debt to EBITDA ratio which stood at 1.9x.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 0.5in; LINE-HEIGHT: 10.5pt; TEXT-INDENT: -0.25in"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Our capital expenditures totaled 51.0 billion pesos in the first half of the year, and our acquisitions 3.6 billion pesos. After adjusting for dividends received from KPN, net shareholder distributions totaled 734 million pesos in the period, mostly by way of share buy-backs.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap>Relevant Events</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>On June 27th, 2017 we announced that a business unit dedicated to out-of-home advertising belonging to CMI&#8212;Am&#233;rica M&#243;vil&#180;s (AMX) advertising division&#8212;entered into a joint venture with JCDecaux by merging their respective out-of-home advertising operations in Mexico. Upon the closing of the transaction JCDecaux will own 60% of the joint venture shares and the remaining 40% shares will be owned by AMX. The transaction is subject to the satisfaction of certain conditions, including the approval of the Mexican Federal Competition Commission and is expected to close later this year.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>On June 30th, 2017 we notified&nbsp;our shareholders that the dividend corresponding to the 2016 results would be MXP 0.30 per share, to be paid in two installments of MXP 0.15 each. On July 17th, we made the first partial dividend payment that included 4.9 billion pesos in cash&#8212;51.52% of the eligible shares&#8212;and 325.3 million AMX Series L shares.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>On July 7th, 2017, we announced that our subsidiary Telcel acquired the right to&nbsp;use and exploit approximately 60 MHz of spectrum in the 2.5 GHz band, in different regions of the country, pursuant to the November 28, 2016 agreement between Telcel and Grupo MVS.</FONT></P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Am&#233;rica M&#243;vil Fundamentals (IFRS)</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Earnings per Share (Mex$) </FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><SUP><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">(1)</FONT></SUP>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#007399><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.22</FONT></B></FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.12</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Earning per ADR (US$) </FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><SUP><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">(2)</FONT></SUP>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#007399><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.23</FONT></B></FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.13</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBITDA per Share (Mex$) </FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><SUP><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">(3)</FONT></SUP>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#007399><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.05</FONT></B></FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.93</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBITDA per ADR (US$)</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#007399><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.13</FONT></B></FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.03</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Net Income (millions of Mex$)</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#007399><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">14,313</FONT></B></FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7,700</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average Shares Outstanding (billion)</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#007399><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">65.76</FONT></B></FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">65.69</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD width="100%" colSpan=3 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#828282 face=asap><EM><FONT style="FONT-SIZE: 7pt">(1) Net Income / Average Shares Outstanding</FONT></EM></FONT></TD></TR>

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   <TD width="100%" colSpan=3 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#828282 size=1 face=asap><EM><FONT size=1>(2) 20 shares per ADR</FONT></EM></FONT></TD></TR>

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   <TD width="100%" colSpan=3 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#828282 size=1 face=asap><EM><FONT style="FONT-SIZE: 7pt">(3) EBITDA / Average Shares Outstanding</FONT></EM></FONT></TD></TR></TABLE>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap>Access Lines</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>We ended June with 363 million access lines, practically flat from a year before, with our fixed-RGUs increasing 1.1% and our wireless base declining 1.0%. Access lines included 280 million wireless subscribers, 33.3 million landlines, 27.5 million broadband accesses and 21.8 million PayTV units.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>In the second quarter our wireless subscriber base increased by 215 thousand subscribers, having added 565 thousand postpaid subs&#8212;including 166 thousand in Mexico and 124 thousand in Brazil&#8212;and disconnected 350 thousand prepaid subs. Our postpaid base was up 5.1% with Chile&#8217;s increasing 17.8%, Brazil&#8217;s 10.0%, Colombia&#8217;s 7.7% and Mexico&#8217;s 6.4%.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>On the fixed-line platform RGUs rose 1.1% from the prior year. Broadband accesses were up 5.7% year-on-year after connecting 209 thousand new accesses in the quarter, most of them in Central America, Colombia and Brazil. Our PayTV subscriber base was down 0.8% annually, with 278 thousand disconnections in the quarter.</FONT></P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" colSpan=2 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Am&#233;rica M&#243;vil&#8217;s Subsidiaries as of June 2017</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" vAlign=middle rowSpan=2 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Country</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle rowSpan=2 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Brand</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle rowSpan=2 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Business</FONT></TD>

   <TD align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Equity</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap; COLOR: #4dd9ff">Participation</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Mexico&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Telcel&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">100.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Telmex&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">98.8%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Secci&#243;n Amarilla<SUP>(1)</SUP>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">other&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">98.4%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Telvista&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">other&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">89.4%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Argentina&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Claro&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">100.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Telmex&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">99.7%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Brazil&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Claro&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless/wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">97.7%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Chile&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Claro&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">100.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Telmex<SUP>(1)</SUP>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">100.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Colombia&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Claro&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">99.4%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Telmex&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">99.3%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Costa Rica&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Claro&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">100.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Dominicana&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Claro&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless/wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">100.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Ecuador&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Claro&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless/wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">100.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">El Salvador&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Claro&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless/wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">95.8%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Guatemala&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Claro&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless/wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">99.3%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Honduras&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Claro&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless/wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">100.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Nicaragua&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Claro&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless/wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">99.6%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Panama&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Claro&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless/wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">100.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Paraguay&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Claro&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless/wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">100.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Peru&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Claro&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless/wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">100.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Puerto Rico&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Claro&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless/wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">100.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Uruguay&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Claro&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless/wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">100.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">USA&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Tracfone&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">100.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Netherlands&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">KPN&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless/wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">21.1%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Austria&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Telekom Austria&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">wireless/wireline&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">51.0%&nbsp;</FONT></TD></TR>

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   <TD colSpan=4 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"></FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"></FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"></FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">

   <P style="TEXT-ALIGN: left"><FONT color=#4d4d4d size=1 face=Asap-Italic,asap,Helvetica,sans-serif><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: Times New Roman"><EM>(1) Equity Participation of Telmex Internacional of which Am&#233;rica M&#243;vil owns 97.88%.</EM></FONT></FONT></P></FONT></TD></TR></TABLE></FONT></DIV></DIV>

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   <TD width="100%" colSpan=6 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Wireless Subscribers as of June 2017</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><B><SUP>(1) </SUP></B>(Thousands)&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Country</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jun &#8217;17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Mar &#8217;17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jun &#8217;16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Argentina, Paraguay and Uruguay&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">23,910&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">23,848&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.3%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">22,976&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.1%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Austria &amp; CEE&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">20,677&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">20,622&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.3%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">20,482&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Brazil&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">60,272&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">60,237&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">64,264&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-6.2%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Central America&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">15,499&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">15,293&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">15,773&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.7%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Caribbean&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,551&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,508&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.8%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,373&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.3%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Chile&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,798&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,710&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.3%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,476&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Colombia&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">29,225&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">29,153&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.2%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">28,260&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.4%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Ecuador&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8,822&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8,771&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.6%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8,864&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.5%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Mexico&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">73,099&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">72,942&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.2%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">73,108&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Peru&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">12,071&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11,990&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.7%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11,954&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">USA&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">24,109&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">24,745&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.6%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">25,321&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-4.8%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Total Wireless Lines</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>280,033</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>279,818</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>0.1%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>282,852</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>-1.0%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" rowSpan=2 width="100%" colSpan=6 align=left><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap" color=#828282>(1) Includes total subscribers of all companies in which Am&#233;rica M&#243;vil holds an economic interest; does not consider the date in which the companies started being </FONT></I><FONT style="FONT-SIZE: 7pt"><FONT style="FONT-FAMILY: asap"></FONT></FONT><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">consolidated.</FONT></I></TD></TR>

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   <TD width="100%" colSpan=6 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Fixed-Line and Other Accesses (RGUs) as of June 2017</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><B><SUP>(1) </SUP></B>(Thousands)&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Country</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jun &#8217;17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Mar &#8217;17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jun &#8217;16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Argentina, Paraguay and Uruguay&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">644&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">632&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.8%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">588&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9.4%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Austria &amp; CEE&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,899&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,920&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,609&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.2%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Brazil&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">35,972&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">36,439&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.3%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">36,809&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.3%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Central America&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,591&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,478&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,183&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.9%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Caribbean&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,716&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,694&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.8%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,601&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.4%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Chile&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,351&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,342&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.6%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,283&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.3%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Colombia&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,590&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,472&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.8%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,055&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8.8%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Ecuador&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">359&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">358&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">354&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.3%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Mexico&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">22,012&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">22,060&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.2%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">21,722&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.3%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Peru&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,426&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,445&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.3%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,475&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-3.3%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Total RGUs</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>82,560</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>82,840</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>-0.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>81,679</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>1.1%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=6 align=left><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap" color=#828282>(1) Fixed Line, Broadband and Television (Cable &amp; DTH).</FONT></I></TD></TR></TABLE></DIV>

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<P style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: 13.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#0085a9 face=Asap>Am&#233;rica M&#243;vil Consolidated Results</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>In the second quarter financial volatility in Latin America became more subdued in line with the situation in the global markets, with world economic growth on a slightly improving path. The U.S. economy continued to hold up and those of the European Union and China showed clear signs of strength.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>The appreciation of the Mexican peso vs. the dollar observed in the first quarter continued in the second one, whereas the Brazilian real, the Colombian peso and the Argentinean peso depreciated vs. the dollar, the first one mostly on account of new political pressures, and the other ones reflecting for the most part a worsening of their balance of payments position.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Our second quarter revenues rose 6.9% from the year-earlier quarter to nearly 249 billion pesos, with service revenues climbing 8.1%. The increase in peso terms reflects the appreciation relative to the prior quarter of the Mexican peso vs. most of its other operating currencies. At constant exchange rates, service revenues were up 4.2% year-on-year, their best performance in ten quarters, driven by mobile data revenues, up 21.8%.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Mexico and the South American block&#8212;particularly Colombia, Argentina, Chile, and Peru&#8212;were the main forces behind the strong expansion of service revenues.All operations, save one, presented ARPU increases relative to the year-earlier-quarter.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Second quarter EBITDA was up 13.7% year-on-year to 69.4 billion pesos. At constant exchange rates, EBITDA shot up 10.4%, marking its strongest climb in the last five years. In several instances, as the revenue base has been rebuilt the impact on EBITDA has been proportionately greater.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Substantially all our operations observed sequential increases in EBITDA, with very significant moves in Peru, 14.4%; Chile, 10.7%; and Argentina, 7.5%. In Europe, Mexico and Colombia the quarter-over-quarter rise was 5.8%, 2.7% and 1.9% respectively.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>The EBITDA margin stood at 27.8%, up 0.7 percentage points from the prior quarter and up 1.7 percentage points from the year-earlier quarter. EBITDA margins increased sequentially in all our operations save for the Caribbean, which had a slight decline.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Our operating profit increased almost 21% from the year-earlier quarter to 31.2 billion pesos. After our comprehensive financing cost of 13.3 billion pesos, it helped bring about a net profit of 14.3 billion pesos in the second quarter, up 86%.&nbsp;</FONT></P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Am&#233;rica M&#243;vil&#8217;s Income Statement (IFRS) </FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><FONT color=#4d4d4d>Millions of Mexican pesos</FONT></FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan-Jun 17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan-Jun 16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Service Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">215,931</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">199,808</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8.1%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">447,207</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">394,111</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13.5%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Equipment Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">33,498</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">33,575</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.2%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">66,379</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">62,257</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6.6%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Total Revenues</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>249,429</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>233,383</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>6.9%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>513,586</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>456,368</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>12.5%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Cost of Service</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">79,568</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">75,145</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.9%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">167,364</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">147,590</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Cost of Equipment</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">39,693</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">41,427</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-4.2%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">79,804</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">77,484</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.0%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Selling, General &amp; Administrative Expenses</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">59,337</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">54,238</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">122,366</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">105,405</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">16.1%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Others</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,468</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,591</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-7.7%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3,185</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3,172</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Total Costs and Expenses</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>180,066</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>172,400</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>4.4%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>372,720</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>333,651</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>11.7%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>EBITDA</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>69,363</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>60,983</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>13.7%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>140,866</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>122,717</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>14.8%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">% of Total Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">27.8%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">26.1%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">27.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">26.9%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Depreciation &amp; Amortization</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">38,201</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">35,224</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">79,341</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">68,917</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">15.1%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>EBIT</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>31,162</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>25,758</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>21.0%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>61,525</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>53,801</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>14.4%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">% of Total Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">12.5%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11.0%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">12.0%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11.8%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Net Interest Expense</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,658</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7,241</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-8.0%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13,813</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">14,188</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.6%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Other Financial Expenses</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4,727</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-6,396</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">173.9%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4,334</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,516</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-21.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Foreign Exchange Loss</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,869</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11,826</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-84.2%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-35,260</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13,665</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-358.0%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Comprehensive Financing Cost (Income)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>13,254</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>12,671</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>4.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>-17,114</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>33,369</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>-151.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Income &amp; Deferred Taxes</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,645</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4,547</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-41.8%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">26,652</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,770</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">293.7%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR>

   <TD width="100%" colSpan=7><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Net Income before Minority</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Interest and Equity Participation in Results</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">15,264</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8,540</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">78.7%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">51,987</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13,661</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">280.5%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">of Affiliates</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR>

   <TD width="100%" colSpan=7><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Equity Participation in Results of Affiliates</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-5</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">33</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-113.8%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">26</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">70</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-62.2%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Minority Interest</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-946</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-873</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-8.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1,845</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1,233</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-49.7%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Net Income</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>14,313</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>7,700</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>86%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>50,168</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>12,499</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>301.4%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="40%" align=left><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap" color=#828282>n.m. Not meaningful</FONT></I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR></TABLE></DIV>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=8 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Balance Sheet (in accordance with IFRS) - Am&#233;rica M&#243;vil Consolidated </FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><FONT color=#4d4d4d>Millions of Mexican Pesos</FONT></FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jun '17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Dec '16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jun '17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Dec '16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="20%" align=left><I><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Current Assets</FONT></I><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><I><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Current Liabilities</FONT></I><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Cash, Marketable</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Securities &amp; Other Short</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">70,319</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">78,076</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-9.9%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Short Term Debt*</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">57,473</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">82,607</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-30.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Term Ivestments</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Accounts Receivable</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">178,986</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">206,684</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-13.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Accounts Payable</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">276,473</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">321,881</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-14.1%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Other Current</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Other Current Assets</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">24,291</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">20,279</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">19.8%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">74,188</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">65,515</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13.2%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Liabilities</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Inventories</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">33,060</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">36,871</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-10.3%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>408,133</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>470,003</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>-13.2%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>306,656</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>341,909</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>-10.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR>

   <TD width="100%" colSpan=8><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="20%" align=left><I><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Non Current Assets</FONT></I><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><I><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Non Current Liabilities</FONT></I><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Plant &amp; Equipment</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">615,503</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">701,190</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-12.2%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Long Term Debt</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">563,605</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">625,194</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-9.9%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Investments in Affiliates</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3,169</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3,603</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-12.1%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Other Liabilities</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">144,017</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">148,821</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-3.2%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>707,623</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>774,015</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>-8.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="20%" align=left><I><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Deferred Assets</FONT></I><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Goodwill (Net)</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">146,127</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">152,633</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-4.3%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Intangible Assets</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">109,709</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">128,598</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-14.7%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Shareholder's Equity</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">235,732</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">271,024</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-13.0%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Deferred Assets</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">170,323</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">187,109</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-9.0%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR>

   <TD width="100%" colSpan=8><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle rowSpan=3 width="20%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Total Liabilities</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"></FONT><BR><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap; COLOR: #007399">and Equity</FONT></B></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="20%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Total Assets</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>1,351,488</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>1,515,042</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>-10.8%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>1,351,488</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>1,515,042</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>-10.8%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="20%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=8 align=left><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap" color=#828282>*Includes current portion of Long Term Debt.</FONT></I></TD></TR></TABLE></DIV><FONT style="FONT-SIZE: 9pt">

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Asap>We continued our efforts to reduce our leverage, with a net debt reduction of 27.0 billion pesos&#8212;in cash flow terms&#8212;in the second quarter. Our outstanding debt has come down from 629.7 billion pesos in the December to 550.8 billion pesos in June, a 12.5%decrease that reflects first and foremost our debt reduction efforts, but also the appreciation of the Mexican peso vs. other currencies in the period. Our net debt to EBITDA ratio stood at 1.9.x at the end of June, after accounting for our derivatives position and the equity credit on our hybrid bonds.</FONT></P></FONT>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Asap>Our capital expenditures totaled 51.0 billion pesos in the first half of the year, whereas our acquisitions reached 3.6 billion pesos. After adjusting for dividends received from KPN, net shareholder distributions totaled 734 million pesos in the period, mostly by way of share buy-backs.</FONT></P>

<P style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: 13.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#0085a9 face=Asap></FONT></B>&nbsp;</P>

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<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: 13.5pt">&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: 13.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#0085a9 face=Asap></FONT></B>&nbsp;</P>

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<TR>

   <TD width="70%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Financial Debt of Am&#233;rica M&#243;vil* </FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><FONT color=#4d4d4d>Millions</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jun -17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Dec -16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Peso - denominated debt </FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><FONT color=#4d4d4d>(MxP)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">76,869</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">87,527</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Bonds and other securities</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">72,558</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">72,416</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Banks and others</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4,311</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">15,111</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">U.S. Dollar - denominated debt </FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><FONT color=#4d4d4d>(USD)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10,622</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10,656</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Bonds and other securities</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9,936</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9,936</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Banks and others</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">687</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">720</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Euro - denominated Debt </FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><FONT color=#4d4d4d>(EUR)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">12,525</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13,867</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Bonds and other securities</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">12,448</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13,845</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Banks and others</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">77</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">23</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Sterling - denominated Debt </FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><FONT color=#4d4d4d>(GBP)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,750</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,750</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 12.823pt" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Bonds and other securities</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,750</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,750</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Reais - denominated Debt </FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><FONT color=#4d4d4d>(BRL)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,365</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">545</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 12.823pt" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Bonds and other securities</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,000</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 12.823pt" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Banks and others</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,365</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">545</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Debt denominated in other currencies </FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><FONT color=#4d4d4d>(MxP)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">21,068</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">23,195</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Bonds and other securities</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">20,983</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">23,069</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Banks and others</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">85</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">126</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Total Debt </FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><FONT color=#4d4d4d>(MxP)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>621,078</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>707,801</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Cash, Marketable Securities and Short Term Financial</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>70,319</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>78,076</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Investments </FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><FONT color=#4d4d4d>(MxP)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Net Debt </FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><FONT color=#4d4d4d>(MxP)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>550,759</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>629,726</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <P align=justify><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">*This table does not include the effect of forwards and derivatives used to hedge the foreign exchange exposure. The debt figures include the </FONT></I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap"><FONT style="COLOR: #828282"><I>face value amount of the outstanding Am&#233;rica M&#243;vil hybrid bonds (1,450M euros and 550M sterling), but do not include the TKA hybrid bond </I></FONT></FONT><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">(600M euros).</FONT></I></P></TD></TR>

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<P style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: 13.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#0085a9 face=Asap>Mexico</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Asap>After net additions of 157 thousand in the quarter&#8212;all postpaid&#8212;we closed June with 73 million wireless subscribers, practically flat compared to the prior year. Our postpaid subscriber base was up 6.4% year-on-year. On the fixed-line segment, RGUs were up 1.3% to 22.0 million buoyed by broadband accesses that increased 4.0%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Asap>Second quarter revenues totaled 65.9 billion pesos and were up 3.8% sequentially and 1.1% year-on-year. Mobile service revenues were the main driver of revenue growth, expanding 5.7% over the prior quarter and 7.3% annually, their best performance in over a year, as mobile data revenues shot up 7.9% in the quarter and 22.7% year-on-year. Prepaid revenues continued to recover from the sharp reduction seen in the first half of 2016 with the introduction of unlimited-call plans; voice revenues are now stable and data revenues are growing well.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Asap>ARPU stood at 137 pesos in the quarter, 7.5% higher than a year before. Sequentially it was up 5.8% driven mostly by prepaid. MOUs&#8212; already the highest in the region&#8212; kept rising to 477 minutes, a 13.6% year-on-year increase. MBOUs almost doubled in the period to 865 megabytes.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Asap>&nbsp;Fixed-line revenues were down 3.4% pulled down by international long distance revenues, but fixed-data revenues expanded 3.6%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7pt" face=Asap>EBITDA came in at 20.8 billion pesos, rising 2.7% over the first quarter. It was slightly down vs. the year-earlier quarter, 3.3%, but continued with its recovering trend. It was its best performance in over a year. The EBITDA margin stood at 31.6% of revenues, compared to 33.0% a year before.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>INCOME STATEMENT (IFRS) - </FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><B><I><FONT color=#4dd9ff>Mexico </FONT></I></B><FONT color=#4d4d4d>Millions of MxP</FONT></FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Revenues</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">65,858</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">65,118</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.1%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">129,297</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">129,934</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.5%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Service Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">50,548</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">49,425</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.3%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">99,897</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">100,630</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.7%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">43,520</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">41,876</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.9%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">84,111</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">83,536</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.7%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Service Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">29,963</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">27,913</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.3%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">58,305</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">57,213</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.9%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Equipment Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13,431</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13,712</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.0%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">25,474</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">25,330</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.6%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Fixed Line and Other Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">24,251</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">25,115</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-3.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">49,037</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">49,948</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.8%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBITDA</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">20,786</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">21,502</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-3.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">41,021</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">44,687</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-8.2%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">% total revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">31.6%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">33.0%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">31.7%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">34.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBIT</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13,366</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">14,842</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-9.9%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">26,289</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">31,576</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-16.7%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">20.3%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">22.8%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">20.3%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">24.3%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" rowSpan=2 width="100%" colSpan=7 align=left>

   <P align=justify><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">*Total Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions; Wireless Revenues </FONT></I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap"><FONT style="COLOR: #828282"></FONT></FONT><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues.</FONT></I></P></TD></TR>

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<P style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: 13.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#0085a9 face=Asap></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: 13.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#0085a9 face=Asap></FONT></B>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Mexico Operating Data (IFRS)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Subscribers (thousands)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">73,099</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">73,108</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.0%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Postpaid&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">12,358&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11,619&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6.4%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Prepaid&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">60,741&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">61,489&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.2%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">MOU</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">477</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">420</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">ARPU (MxP)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">137</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">127</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.5%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Churn (%)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.1%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.4</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Revenue Generating Units (RGUs) *</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">22,012</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">21,722</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Fixed Lines&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">12,758&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">12,826&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.5%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Broadband&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9,254&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8,896&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.0%&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap" color=#828282>* Fixed Line and Broadband.</FONT></I></TD></TR></TABLE>

<P style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: 13.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#0085a9 face=Asap></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: 13.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#0085a9 face=Asap>Argentina, Paraguay and Uruguay</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>In the second quarter we added 84 thousand prepaid clients and disconnected 22 thousand postpaid clients, to finish the quarter with 23.9 million mobile clients, a 4.1% annual increase. Our fixed-RGUs, 644 thousand, were up 9.4% year-on-year, driven by PayTV accesses that expanded 17.1% in Paraguay.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Revenue growth re-accelerated in the second quarter, with strong sequential and annual increases in total revenues and mobile service revenues, with the latter&#180;s rate of growth jumping to 38.5% from 28.9% in the first quarter. Mobile data revenues soared 18.3% sequentially and 73.3% year-on-year and undoubtedly were the main engine of growth.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>On the fixed-line platform revenues decelerated to an annual pace of 18.4% from 26.0% the prior quarter, mostly on account of lower corporate network sales.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>The re-acceleration of revenues had a comparable impact on our EBITDA, which at 4.2 billion Argentinean pesos climbed 34.7% from the year-earlier quarter, compared to 20.1% in the first quarter and 10.9% in the fourth one.&nbsp; Quarter-over-quarter, was up 7.5%. The greater dynamism of revenues resulted in a 2.5 percentage points margin expansion.&nbsp;</FONT></P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="70%" colSpan=4 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>INCOME STATEMENT (IFRS) - </FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><B><I><FONT color=#4dd9ff>Argentina, Paraguay &amp; Uruguay </FONT></I></B><FONT color=#4d4d4d>Millions of ARP</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Revenues</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11,794</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9,410</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">25.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">22,772</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">18,497</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">23.1%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Service Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9,161</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,943</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">31.9%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">18,179</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">14,271</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">27.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11,074</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8,818</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">25.6%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">21,368</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">17,352</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">23.1%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Service Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9,232</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,667</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">38.5%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">17,545</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13,115</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">33.8%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Equipment Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,826</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,145</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-14.9%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3,794</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4,226</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-10.2%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Fixed Line and Other Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">790</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">667</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">18.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,550</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,277</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">21.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBITDA</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4,217</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3,131</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">34.7%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8,122</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,396</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">27.0%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">% total revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">35.8%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">33.3%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">35.7%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">34.6%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBIT</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3,290</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,399</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">37.2%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,305</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4,983</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">26.5%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">27.9%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">25.5%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">27.7%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">26.9%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" rowSpan=2 width="100%" colSpan=7 align=left><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">*Total Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions; Wireless Revenues </FONT></I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap"><FONT style="COLOR: #828282"></FONT></FONT><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues.</FONT></I></TD></TR>

<TR vAlign=bottom></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap></FONT></B>&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0>



<TR>

   <TD width="55%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Argentina, Paraguay &amp; Uruguay Operating Data (IFRS)</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Subscribers (thousands)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">23,910</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">22,976</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.1%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Postpaid&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,446&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,504&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.3%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Prepaid&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">21,464&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">20,472&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.8%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">MOU</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">91</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">98</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-7.0%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">ARPU (ARP)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">128</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">98</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">30.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Churn (%)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.1%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.2%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">(0.1)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Revenue Generating Units (RGUs) *</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">644</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">588</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9.5%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap" color=#828282>* Fixed Line, Broadband and Television</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap>Brazil</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>We gained 124 thousand postpaid clients in the second quarter&#8212;twice as many as those added in the second quarter of the precedent year&#8212;and disconnected 89 thousand prepaid subs, to end June with 60.3 million subs. Our postpaid base rose 10.0% year-on-year. On the fixed-line front, RGUs ended the quarter at 36.0 million after a net reduction of 467 thousand units, approximately two thirds of which came from the disconnection of satellite PayTV clients.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Second quarter revenues came in at 8.8 billion reais, with service revenues declining 1.3% year-on-year dragged down by voice revenues on both the mobile and fixed-line platform. Altogether service revenues were up 1.4% on the mobile platform and down 2.1% on the fixed-line one.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Mobile data revenues expanded significantly&#8212;26.4% year-on-year, up from 9.7% the prior quarter&#8212;while fixed-broadband and PayTV revenues decelerated slightly, to 6.7% and 1.0% respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>At 2.4 billion reais, EBITDA was up 1.5% year-on-year, with the EBITDA margin climbing 1.3 percentage-points from the year-earlier quarter, to 27.5%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap></FONT></B>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="50%" colSpan=2 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>INCOME STATEMENT (IFRS) - </FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><B><I><FONT color=#4dd9ff>Brazil </FONT></I></B><FONT color=#4d4d4d>Millions of BrL</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Revenues</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8,793</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9,084</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-3.2%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">17,698</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">18,038</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.9%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Service Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8,633&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8,751&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.3%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">17,402&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">17,453&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.3%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,826&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,946&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-4.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,711&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,952&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-4.1%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Service Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,654&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,616&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,400&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,372&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.5%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Equipment Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">160&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">332&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-51.9%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">295&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">581&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-49.2%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Fixed Line and Other Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,967&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,137&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.8%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11,987&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">12,086&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.8%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBITDA</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,415</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,379</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.5%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4,890</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4,736</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.2%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">% total revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">27.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">26.2%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">27.6%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">26.3%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBIT</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">247</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">194</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">27.4%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">527</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">340</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">54.7%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.8%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.0%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.9%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap" color=#828282>*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.</FONT></I></TD></TR></TABLE></DIV>

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<TR>

   <TD width="55%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Brazil Operating Data (IFRS)</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Subscribers (thousands)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">60,272</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">64,264</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-6.2%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Postpaid&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">18,639&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">16,952&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10.0%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Prepaid&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">41,633&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">47,313&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-12.0%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">MOU</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">81</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">103</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-21.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">ARPU (BrL)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">15</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9.1%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Churn (%)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.4%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.7%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">(0.3)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Revenue Generating Units (RGUs) *</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">35,972</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">36,809</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap" color=#828282>* Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap>Chile</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt; LETTER-SPACING: 0.1pt" face=Asap>Our wireless subscriber base ended June with 6.8 million clients, 5.0% more than a year before, after net additions on the postpaid segment of 73 thousand. Fixed RGUs increased 5.3% relative to 2016, for the most part on account of a 15.5% expansion of broadband accesses.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt; LETTER-SPACING: 0.1pt" face=Asap>Revenues continued on an improving trend, rising 13.1% year-on-year&#8212;and 4.7% sequentially&#8212;to reach 210 billion Chilean pesos as service revenues expanded 11% on the mobile and 9.0% on fixed-line platform.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt; LETTER-SPACING: 0.1pt" face=Asap>Mobile and fixed data revenues led the way, climbing in the second quarter 25.7% and 20.2% respectively, compared to 16.5% and 15.1% the prior one.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt; LETTER-SPACING: 0.1pt" face=Asap>At 29.7 billion Chilean pesos, EBITDA soared 115% year-on-year&#8212;and 10.7% over the quarter. The EBITDA margin, 14.2%, was up nearly seven percentage points in the quarter.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt; LETTER-SPACING: 0.1pt" face=Asap></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>INCOME STATEMENT (IFRS) - </FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><B><I><FONT color=#4dd9ff>Chile </FONT></I></B><FONT color=#4d4d4d>Millions of ChPL</FONT></FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Revenues</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">210,078</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">185,718</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13.1%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">410,767</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">366,424</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">12.1%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Service Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">186,387&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">167,702&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">365,567&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">333,724&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9.5%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">139,106&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">121,934&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">14.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">270,878&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">240,152&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">12.8%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Service Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">115,403&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">104,005&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11.0%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">225,780&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">206,865&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9.1%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Equipment Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">23,691&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">18,016&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">31.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">45,200&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">32,700&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">38.2%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Fixed Line and Other Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">77,495&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">69,355&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11.7%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">152,607&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">137,403&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11.1%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBITDA</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">29,730</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13,854</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">114.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">56,588</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">27,127</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">108.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">% total revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">14.2%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13.8%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBIT</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-22,794</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-38,909</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">41.4%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-49,699</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-78,414</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">36.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-10.9%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-21.0%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-12.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-21.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" rowSpan=2 width="100%" colSpan=7 align=left>

   <P align=justify><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">*Total Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions; Wireless Revenues </FONT></I><FONT style="FONT-SIZE: 7pt"><FONT style="FONT-FAMILY: asap"><FONT style="COLOR: #828282"></FONT></FONT></FONT><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues.</FONT></I></P></TD></TR>

<TR vAlign=bottom></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0>



<TR>

   <TD width="55%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Chile Operating Data (IFRS)</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Subscribers (thousands)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,798</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,476</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.0%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Postpaid&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,746&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,482&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">17.8%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Prepaid&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,052&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4,993&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.2%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">MOU</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">153</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">142</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.4%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">ARPU (ChP)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,826</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,452</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6.9%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Churn (%)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.5%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">(0.3)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Revenue Generating Units (RGUs) *</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,351</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,283</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=4 align=left><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap" color=#828282>* Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap>Colombia</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>We ended June with 29.2 million wireless subscribers after adding 72 thousand clients in the quarter, all of which were postpaid. Our postpaid base increased 7.7% from the year before to 6.6 million subscribers. On the fixed-line side, our fixed RGUs were up 8.8%, with landlines and broadband expanding 12.7% and 10.3%, respectively.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Revenues rose 4.5% year-on-year in the second quarter to 2,811 billion Colombian pesos.&nbsp; Service revenue growth continued posting sequential improvements, expanding at a 6.1% pace, up from 2.1% the previous quarter and -4.3% a year before. &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>On the mobile platform service revenues increased 4.9% led by data revenues, up 17.4%; those on the fixed platform surged 13.2% in a broad based expansion: voice revenues climbed 12.3%, data revenues 10.8% and PayTV revenues 17.7%.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>EBITDA soared 16.6% from the year-earlier quarter to reach 1,117 billion Colombian pesos. Relative to revenues, the margin came in at 39.7%, which implies a 4.1 percentage-points increase relative to the prior year.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap></FONT></B>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>INCOME STATEMENT (IFRS) - </FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><B><I><FONT color=#4dd9ff>Colombia </FONT></I></B><FONT color=#4d4d4d>Billions of COP</FONT></FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Revenues</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,811</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,689</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.5%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,572</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,400</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.2%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Service Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,267&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,137&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4,528&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4,352&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,036&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,973&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.2%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4,048&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3,988&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.5%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Service Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,480&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,411&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.9%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,987&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,913&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.5%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Equipment Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">537&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">545&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,032&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,033&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.2%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Fixed Line and Other Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">831&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">744&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11.7%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,636&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,460&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">12.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBITDA</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,117</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">957</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">16.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,213</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,936</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">14.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">% total revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">39.7%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">35.6%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">39.7%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">35.9%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBIT</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">648</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">519</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">24.8%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,280</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,065</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">20.2%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">23.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">19.3%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">23.0%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">19.7%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <P align=justify><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">*Total Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions; Wireless Revenues </FONT></I><FONT style="FONT-SIZE: 7pt"><FONT style="FONT-FAMILY: asap"><FONT style="COLOR: #828282"></FONT></FONT></FONT><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues.</FONT></I></P></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Colombia Operating Data (IFRS)</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Subscribers* (thousands)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">29,225</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">28,260</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.4%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Postpaid&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,553&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,083&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.7%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Prepaid&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">22,672&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">22,177&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.2%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">MOU</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">195</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">209</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-6.9%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">ARPU (COP)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">16,815</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">16,557</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Churn (%)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.4%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">(0.1)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Revenue Generating Units (RGUs)**</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,590</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,055</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8.8%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <P align=justify><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">*Due to differences in the policy for accounting active subscribers, the figures in this report are different from those published by the Ministry of Communications of </FONT></I><FONT style="FONT-SIZE: 7pt"><FONT style="FONT-FAMILY: asap"><FONT style="COLOR: #828282"><I>Colombia (MinTIC).** Fixed Line, Broadband and Television </I></FONT></FONT></FONT><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">**Fixed Line, Broadband and&nbsp; Television.</FONT></I></P></TD></TR>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap>Ecuador</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Having gained 51 thousand subscribers in the second quarter&#8212;split almost evenly between postpaid and prepaid&#8212;we ended the quarter with 8.8 million subscribers, slightly less, 0.5%, than a year before. On our fixed-broadband and PayTV platforms increased 8.6% and 1.9% year-on-year respectively.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Revenues were down 8.8% to 332 million dollars. Service revenues fell 9.2% year-on-year, a continuous sequential improvement from previous quarters as mobile data revenues increased 1.7% annually. On the other hand, fixed revenues showed an impressive momentum having increased by 41.5% in one year strengthened by wireline data and PayTV.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Second quarter EBITDA totaled 127 million dollars or 38.2% of revenues.</FONT></P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>INCOME STATEMENT (IFRS) - </FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><B><I><FONT color=#4dd9ff>Ecuador </FONT></I></B><FONT color=#4d4d4d>Millions of Dollars</FONT></FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Revenues</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">332</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">364</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-8.8%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">666</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">729</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-8.7%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Service Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">283&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">312&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-9.2%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">568&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">631&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-10.1%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">311&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">349&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-10.9%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">625&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">699&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-10.6%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Service Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">264&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">297&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-11.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">529&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">602&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-12.1%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Equipment Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">48&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">52&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-7.7%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">96&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">97&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.3%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Fixed Line and Other Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">21&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">15&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">41.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">41&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">30&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">35.3%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBITDA</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">127</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">151</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-16.0%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">253</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">304</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-16.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">% total revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">38.2%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">41.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">38.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">41.7%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBIT</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">75</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">99</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-25.0%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">149</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">200</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-25.5%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">22.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">27.3%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">22.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">27.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" rowSpan=2 width="100%" colSpan=7 align=left>

   <P><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. <BR>&nbsp;&nbsp;&nbsp; </FONT></I><FONT style="FONT-SIZE: 7pt"><FONT style="FONT-FAMILY: asap"></FONT></FONT><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">We merged the fixed and mobile companies in 4Q16, 2Q16 figures were adjusted for comparison purposes</FONT></I></P></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Ecuador Operating Data (IFRS)</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Subscribers (thousands)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8,822</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8,864</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.5%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Postpaid&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,480&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,650&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-6.4%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Prepaid&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,342&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6,214&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">MOU</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">292</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">213</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">37.2%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">ARPU (US$)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-11.9%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Churn (%)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.5%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.2%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.4</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Revenue Generating Units (RGUs) *</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">359</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">354</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap" color=#828282>* Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap>Peru</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Peru ended June with 12.1 million wireless subscribers, 1.0% more than the year before, after net additions of 111 thousand prepaid clients. In addition, our 1.4 million fixed-line RGUs dropped 3.3% compared to the year before, principally related to the disconnection of satellite TV clients.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>At 1.3 billion soles, second quarter revenues were up 5.8% over the year-earlier quarter, with mobile service revenues expanding 7.4% on the back of 24.6% mobile data growth.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Fixed-line service revenues declined 1.4% as long distance revenues fell 31.1%, mostly reflecting migration of fixed line traffic to mobiles.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>EBITDA jumped 14.4% sequentially and 51.4% year-on-year to 318 million soles, as the EBITDA margin climbed from 16.5% to 23.7%. With new spectrum available and a top-of-the line mobile network, Claro Peru has been able to provide more data services to its clients, with the corresponding impact on its top line and profitability.</FONT></P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>INCOME STATEMENT (IFRS) - </FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><B><I><FONT color=#4dd9ff>Peru </FONT></I></B><FONT color=#4d4d4d>Millions of Soles</FONT></FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Revenues</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,344</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,270</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.8%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,688</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,542</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.7%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Service Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,166&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,106&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,331&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,233&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.4%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,136&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,059&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.2%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,267&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,123&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6.8%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Service Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">947&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">882&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,888&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,794&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.2%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Equipment Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">177&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">163&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">355&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">306&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">16.1%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Fixed Line and Other Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">208&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">211&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">421&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">420&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.3%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBITDA</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">318</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">210</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">51.4%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">596</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">465</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">28.0%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">% total revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">23.7%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">16.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">22.2%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">18.3%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBIT</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">130</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">38</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">242.0%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">226</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">128</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">76.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9.7%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.0%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.0%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap" color=#828282>*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.</FONT></I></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0>



<TR>

   <TD width="55%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Peru Operating Data (IFRS)</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Subscribers (thousands)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">12,071</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11,954</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.0%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Postpaid</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4,062</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4,130</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.7%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Prepaid</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8,009</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7,824</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">MOU</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">202</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">166</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">21.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">ARPU (Sol)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">26</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">24</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.5%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Churn (%)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.5%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">(0.1)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Revenue Generating Units (RGUs) *</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,426</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,475</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-3.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap" color=#828282>* Fixed Line, Broadband and Television</FONT></I></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap>Central America</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>In the second quarter we added 207 thousand mobile clients and 112 thousand fixed-line RGUs to finish June with 21.1 million accesses, an increase of 1.5% in the quarter and 0.6% in the year. Fixed RGUs expanded 7.9% compared to a year before and reached 5.6 million; growth was driven by broadband accesses, up 16.3% year-on-year.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Revenues of 577 million dollars were up 2.4% year-on-year, with service revenues rising 1.5% driven by data revenue growth&#8212;expanding 12.3% on the fixed platform and 10.1% on the mobile. PayTV revenues were up 5.1% year-on-year, while wireless voice revenues declined 4.9%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>The quarter&#8217;s EBITDA of 204 million dollars was 4.6% higher than a year before. At 35.3% of revenues, the EBITDA margin was slightly better as well.&nbsp;</FONT></P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>INCOME STATEMENT (IFRS) - </FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"></FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><B><I><FONT color=#4dd9ff>Central America </FONT></I></B><FONT color=#4d4d4d>Millions of Dollars</FONT></FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Revenues</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">577</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">564</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.4%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,145</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,115</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.7%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Service Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">532</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">524</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.5%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,056</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,042</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">380</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">382</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">760</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">756</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.6%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Service Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">343</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">341</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.6%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">685</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">681</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.6%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Equipment Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">37</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">39</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-4.6%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">74</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">72</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.9%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Fixed Line and Other Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">199</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">186</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.2%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">391</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">367</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6.6%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBITDA</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">204</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">195</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">399</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">386</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">% total revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">35.3%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">34.6%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">34.8%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">34.7%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBIT</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">76</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">59</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">28.5%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">140</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">115</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">21.9%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13.1%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10.5%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">12.2%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10.3%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" rowSpan=2 width="100%" colSpan=7 align=left>

   <P align=justify><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">*Total Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions; Wireless Revenues </FONT></I><FONT style="FONT-SIZE: 7pt"><FONT style="FONT-FAMILY: asap"><FONT style="COLOR: #828282"></FONT></FONT></FONT><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues.</FONT></I></P></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Central America Operating Data (IFRS)</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Subscribers (thousands)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">15,499</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">15,773</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.7%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Postpaid</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,326</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,305</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.9%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Prepaid</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13,174</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13,468</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.2%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">MOU</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">164</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">167</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.7%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">ARPU (US$)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.4%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Churn (%)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6.4%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6.1%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.3</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Revenue Generating Units (RGUs) *</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,591</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,183</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.9%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap" color=#828282>* Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap>Caribbean</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Net additions in the second quarter came in at 43 thousand subs, 61.0% more than in the prior quarter mostly on improvements in Dominican Republic, to finish the quarter with 5.6 million wireless subscribers, 3.3% more than a year before. The growth rate on the postpaid base was 5.4% after 20 thousand new contract clients. Fixed-RGUs of 2.7 million were 4.4% greater than a year before with PayTV clients growing 13.0%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>The quarter&#8217;s revenues, 480 million dollars, declined 2.3% relative to the prior year as a result of a contraction in voice revenues in the Dominican Republic. Fixed data revenues showed signs of stable growth in both countries but failed to compensate the decline in voice revenues.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Second quarter EBITDA was up 3.7% over the year to 156 million dollars. The EBITDA margin was 32.5% of revenues up from 30.7% a year before.</FONT></P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>INCOME STATEMENT (IFRS) - </FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><B><I><FONT color=#4dd9ff>Caribbean </FONT></I></B><FONT color=#4d4d4d>Millions of Dollars</FONT></FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Revenues</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">480</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">491</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">958</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">974</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.7%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Service Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">421&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">432&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">843&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">865&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.5%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">272&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">278&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.2%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">542&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">550&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.5%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Service Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">218&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">224&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.9%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">437&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">450&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-3.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Equipment Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">55&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">55&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">107&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">102&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.4%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Fixed Line and Other Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">207&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">212&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">416&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">424&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.9%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBITDA</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">156</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">150</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.7%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">312</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">298</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">% total revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">32.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">30.7%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">32.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">30.6%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBIT</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">91</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">81</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">12.4%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">180</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">148</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">21.7%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">18.9%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">16.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">18.8%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">15.2%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" rowSpan=3 width="100%" colSpan=7 align=left>

   <P align=justify><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">*Total Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions; Wireless Revenues </FONT></I><FONT style="FONT-SIZE: 7pt"><FONT style="FONT-FAMILY: asap"><FONT style="COLOR: #828282"><I>and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues. </I></FONT></FONT></FONT><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">2Q16 figures have been adjusted to incorporate accounting changes in equipment revenues in Puerto Rico.</FONT></I></P></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Caribbean Operating Data (IFRS)</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Subscribers (thousands)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,551</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,373</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Postpaid</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,831</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,738</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.4%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Prepaid</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3,720</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3,634</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.3%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">MOU</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">263</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">282</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-6.9%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">ARPU (US$)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">14</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-6.7%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Churn (%)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.5%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.7%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">(0.0)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Revenue Generating Units (RGUs) *</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,716</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,601</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.4%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap" color=#828282>* Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap>United States</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>We ended the quarter with 24.1 million subscribers&#8212;4.8% below the year-earlier quarter&#8212;after net disconnections of 636 thousand subs, resulting from a cleanup of our base, from increased competition in the segment and from seasonal effects.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Our second quarter revenues totaled 1.9 billion dollars; they were up 8.8% year-on-year, with equipment revenues jumping 20.8% and service revenues rising 7.1%, mostly on the back of data services that increased almost twice as fast.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>EBITDA nearly tripled from the year-earlier quarter to 211 million dollars, as the EBITDA margin expanded by 6.6 percentage points, to 10.9%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Our financials reflect the consolidation of Walmart Family Mobile&#8217;s figures from August, 2016. Adjusting for that, revenues would have risen 4.7% over the year and EBITDA would have trebled.</FONT></P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="60%" colSpan=3 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>INCOME STATEMENT (IFRS) - </FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><B><I><FONT color=#4dd9ff>United States </FONT></I></B><FONT color=#4d4d4d>Millions of Dollars</FONT>&nbsp;</FONT></TD>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Revenues</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,931</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,775</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8.8%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3,916</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3,530</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10.9%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Service Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,674</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,563</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.1%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3,428</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3,129</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9.6%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Equipment Revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">256</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">212</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">20.8%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">487</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">402</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">21.3%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBITDA</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">211</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">77</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">174.5%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">422</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">239</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">76.8%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">% total revenues</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10.9%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.3%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10.8%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6.8%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBIT</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">193</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">66</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">194.4%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">389</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">216</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">79.8%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10.0%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.7%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9.9%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6.1%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0>



<TR>

   <TD width="55%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>United States Operating Data (IFRS)</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Subscribers (thousands)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">24,109</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">25,321</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-4.8%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">MOU</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">524</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">496</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">ARPU (US$)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">23</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">21</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Churn (%)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.4%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.3%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.1</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="MARGIN: 0px">&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap>Telekom Austria Group</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>Our second quarter revenues increased 4.0% from the year-earlier quarter to reach 1.1 billion euros, as service revenues expanded 2.8%. Mobile service revenues, which account for 55% of the total, were up 0.8%, whereas fixed revenues increased 6.5%.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap>EBITDA came in at 359 million euros. It was up 5.8% quarter-over-quarter and 7.8% year-over-year, with the EBITDA margin climbing 1.2 percentage points from the year-earlier quarter to 33.2%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><FONT lang=EN-US style="FONT-SIZE: 7.5pt" face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0>



<TR>

   <TD width="40%"></TD>

   <TD width="10%"></TD>

   <TD width="10%"></TD>

   <TD width="10%"></TD>

   <TD width="10%"></TD>

   <TD width="10%"></TD>

   <TD width="10%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>INCOME STATEMENT (IFRS) - </FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"><B><I><FONT color=#4dd9ff>Telekom Austria Group - Proforma </FONT></I></B><FONT color=#4d4d4d>Millions of Euros</FONT></FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Revenues</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,083</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,041</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.0%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,142</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,059</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.0%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total Service Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">966&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">940&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.8%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,922&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,861&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.3%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">663&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">647&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,307&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,276&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.5%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Service Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">536&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">532&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.8%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,060&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1,052&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.8%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Equipment Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">105&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">94&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11.6%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">202&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">184&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9.6%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Fixed Line and Other Revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">420&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">394&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">835&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">783&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6.6%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBITDA</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">359</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">333</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.8%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">699</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">671</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.2%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">% total revenues&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">33.2%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">32.0%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">32.6%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">32.6%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EBIT</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">146</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">116</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">25.8%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">273</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">236</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">15.7%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">13.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11.2%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">12.7%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">11.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" rowSpan=2 width="100%" colSpan=7 align=left>

   <P><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap" color=#828282>*Total Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions;<BR>&nbsp;&nbsp;&nbsp; </FONT></I><FONT style="FONT-SIZE: 7pt"><FONT style="FONT-FAMILY: asap"></FONT></FONT><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap; COLOR: #828282">For further detail please visit www.telekomaustria.com/en/investor-relations</FONT></I></P></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Telekom Austria Group Operating Data (IFRS) - Proforma</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Wireless Subscribers (thousands)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">20,677</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">20,482</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.0%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Postpaid&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">15,140&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">14,845&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.0%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Prepaid&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,537&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,637&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.8%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">MOU</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">307</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">309</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.6%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">ARPU (Euros)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.0%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Churn (%)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.9%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.8%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.0</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Revenue Generating Units (RGUs) *</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,899</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,903</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.1%</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT style="FONT-SIZE: 7pt; FONT-FAMILY: asap" color=#828282>*Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 10.5pt" color=#0085a9 face=Asap>Glossary of Terms</FONT></B></P>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>ARPU</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top rowSpan=2 align=left>

   <P align=justify><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average Revenue per User. The ratio of service revenues in a given period to the average number of wireless subscribers in the same period. It is presented on a monthly basis.&nbsp;</FONT></P></TD></TR>

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   <TD vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>ARPM</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average Revenue per Minute. The ratio of service revenues to airtime traffic.&nbsp;</FONT></TD></TR>

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   <TD vAlign=top colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Capex</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

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   <P align=justify><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Capital Expenditure. Accrued capital expenditures related to the expansion of the telecommunications infrastructure.&nbsp;</FONT></P></TD></TR>

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   <TD vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Churn</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

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   <P align=justify><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Disconnection Rate. The ratio of wireless subscribers disconnected during a given period to the number of wireless subscribers at the beginning of that period.&nbsp;</FONT></P></TD></TR>

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   <TD vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>EBIT</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Earnings Before Interest and Taxes, also known as Operating Profit.&nbsp;</FONT></TD></TR>

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   <TD vAlign=top colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>EBIT</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>margin</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">The ratio of EBIT to total operating revenue.&nbsp;</FONT></TD></TR>

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   <TD vAlign=top colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>EBITDA</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Earnings Before Interest, Taxes, Depreciation, and Amortization.&nbsp;</FONT></TD></TR>

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   <TD vAlign=top colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>EBITDA</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>margin</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">The ratio of EBITDA to total operating revenue.&nbsp;</FONT></TD></TR>

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   <TD vAlign=top colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>EPS</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>(Mexican</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>pesos)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Earnings per share. Total earnings in Mexican pesos divided by total shares.&nbsp;</FONT></TD></TR>

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   <TD vAlign=top colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Earnings</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>per ADR</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>(US$)</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total earnings in U.S. dollars divided by total ADRs equivalent.&nbsp;</FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Equity</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>subscribers</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Subscribers weighted by the economic interest held in each company.&nbsp;</FONT></TD></TR>

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   <TD vAlign=top colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Gross</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>additions</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total number of subscribers acquired during the period.&nbsp;</FONT></TD></TR>

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   <TD vAlign=top colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Licensed</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>pops</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Licensed population. Population covered by the licenses that each of the&nbsp;companies manage.&nbsp;</FONT></TD></TR>

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   <TD vAlign=top colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>LTE</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Long-term evolution is a 4th generation standard for wireless communication of high-speed data for mobile phones and data terminals.</FONT></TD></TR>

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   <TD vAlign=top colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Market</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>share</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">A company&#8217;s subscriber base divided by the total number of subscribers in&nbsp;that country.&nbsp;</FONT></TD></TR>

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   <TD vAlign=top colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>MBOU</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top rowSpan=2 align=left>

   <P align=justify><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Megabytes of Use per subscriber. The ratio of wireless data in a given period to the average number of wireless subscribers in that same period. It is pre-sented on a monthly basis.&nbsp;</FONT></P></TD></TR>

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   <TD vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>MOU</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top rowSpan=2 align=left>

   <P align=justify><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Minutes of Use per subscriber. The ratio of wireless traffic in a given period to the average number of wireless subscribers in that same period. It is pre-sented on a monthly basis.&nbsp;</FONT></P></TD></TR>

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   <TD vAlign=top align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR></TABLE></DIV>

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   <TD align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap; COLOR: #007399">Net</FONT></B><FONT style="COLOR: #007399"><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"></FONT><BR><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">subscriber</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"></FONT><BR></FONT><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap; COLOR: #007399">additions</FONT></B></TD>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">The difference in the subscriber base from one period to another. It is the&nbsp;different between gross additions and disconnections.&nbsp;</FONT></TD></TR>

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   <TD colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Net debt</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Total short and long term debt minus cash and marketable securities.&nbsp;</FONT></TD></TR>

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   <TD colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Net debt</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"></FONT><BR><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap; COLOR: #007399">/ EBITDA</FONT></B></TD>

   <TD style="TEXT-INDENT: 0pt" align=left>

   <P align=justify><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">The ratio of total short and long term debt minus cash and securities to trailing 12-month income before interest, taxes, depreciation and amortization.&nbsp;</FONT></P></TD></TR>

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   <TD colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Prepaid</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

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   <P align=justify><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Subscriber that may purchase airtime to recharge a cellular phone. The client does not hold a contract with the company for voice and data services.&nbsp;</FONT></P></TD></TR>

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   <TD colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Postpaid</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Subscriber that has a contract for the use of airtime. The client has no need&nbsp;of activating airtime, it is done so immediately.&nbsp;</FONT></TD></TR>

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   <TD colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>SMS</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Short Message Service.&nbsp;</FONT></TD></TR>

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   <TD colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD vAlign=top align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>SAC</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" align=left>

   <P align=justify><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Subscriber Acquisition Cost. The sum of handset subsidies, marketing expenses and commissions to distributors for handset activation. Handset subsidy is calculated as the difference between equipment cost and equipment&nbsp;revenues.&nbsp;</FONT></P></TD></TR>

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   <TD colSpan=2><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>Wireless</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#007399>penetration</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap"> &nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">The ratio of total wireless subscribers in any given country divided by the&nbsp;total population in that country.&nbsp;</FONT></TD></TR></TABLE></DIV>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Exchange Rates Local Currency Units per USD</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Mexico</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">17.90&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">18.91&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-5.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">17.90&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">18.91&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-5.4%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">18.59&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">18.04&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.0%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">19.50&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">18.04&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8.1%&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Brazil</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.31&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.21&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.31&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.21&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.1%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.22&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.51&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-8.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.18&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.71&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-14.2%&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Argentina</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">16.63&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">15.04&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10.6%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">16.63&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">15.04&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10.6%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">15.72&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">14.22&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10.6%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">15.70&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">14.33&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9.5%&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Chile</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">664&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">661&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">664&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">661&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.4%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">664&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">677&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.9%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">660&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">689&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-4.3%&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Colombia</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3,038&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,916&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.2%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3,038&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,916&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.2%&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,921&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,994&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2,921&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3,124&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-6.5%&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Guatemala</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.34&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.64&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-4.0%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.34&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.64&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-4.0%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.34&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.68&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-4.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.39&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.68&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-3.8%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Honduras</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">23.61&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">22.95&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.9%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">23.61&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">22.95&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.9%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">23.62&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">22.80&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.6%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">23.67&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">22.76&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.0%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Nicaragua</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">30.04&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">28.61&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.0%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">30.04&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">28.61&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.0%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">29.86&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">28.44&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.0%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">29.68&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">28.27&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.0%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Costa Rica</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">580&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">554&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.6%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">580&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">554&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.6%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">575&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">545&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">570&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">544&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.8%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Peru</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.26&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.29&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.26&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.29&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.1%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.26&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.32&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.7%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.28&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.39&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-3.2%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Paraguay</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,560&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,589&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,560&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,589&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.5%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,578&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,614&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-0.6%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,615&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5,705&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.6%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Uruguay</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">28.50&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">30.62&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-6.9%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">28.50&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">30.62&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-6.9%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">28.31&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">31.27&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-9.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">28.41&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">31.41&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-9.5%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Dominican Republic</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">47.57&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">45.97&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">47.57&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">45.97&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.5%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">47.47&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">45.90&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">47.27&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">45.82&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.2%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Austria &amp; CEE</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.88&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.90&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.8%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.88&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.90&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.8%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.94&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.89&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6.0%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.92&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.90&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">3.1%&nbsp;</FONT></TD></TR></TABLE></DIV>

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<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 42pt; LINE-HEIGHT: 8.25pt; TEXT-INDENT: -42pt">&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Exchange Rates Local Currency Units per MxP</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>2Q16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 17</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Jan - Jun 16</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#4dd9ff>Var.%</FONT><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>USA</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.06&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.05&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.7%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.06&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.05&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.7%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.05&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.06&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.9%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.05&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.06&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-7.5%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Brazil</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.18&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.17&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8.9%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.18&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.17&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8.9%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.17&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.19&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-11.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.16&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.21&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-20.6%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Argentina</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.93&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.80&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">16.8%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.93&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.80&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">16.8%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.85&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.79&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">7.3%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.80&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.79&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.3%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Chile</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">37.1&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">35.0&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">37.1&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">35.0&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">6.1%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">35.7&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">37.5&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-4.8%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">33.8&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">38.2&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-11.5%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Colombia</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">170&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">154&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">170&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">154&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10.1%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">157&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">166&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-5.3%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">150&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">173&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-13.5%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Guatemala</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.41&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.40&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.41&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.40&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.5%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.39&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.43&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-7.2%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.38&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.43&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-11.0%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Honduras</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.32&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.21&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8.7%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.32&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.21&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">8.7%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.27&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.26&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.21&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.26&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-3.8%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Nicaragua</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.68&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.51&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10.9%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.68&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.51&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10.9%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.61&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.58&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.9%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.52&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.57&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-2.9%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Costa Rica</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">32.40&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">29.31&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10.6%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">32.40&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">29.31&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">10.6%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">30.95&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">30.21&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">29.23&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">30.14&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-3.0%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Peru</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.18&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.17&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.5%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.18&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.17&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">4.5%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.18&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.18&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-4.6%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.17&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.19&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-10.5%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Paraguay</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">311&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">296&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">311&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">296&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">5.1%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">300&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">311&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-3.6%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">288&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">316&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-8.9%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Uruguay</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.59&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.62&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.7%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.59&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.62&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-1.7%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.52&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.73&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-12.1%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.46&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">1.74&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-16.3%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="28%" align=left><B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap" color=#ffffff>Dominican Republic</FONT></B><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">EoP&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.66&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.43&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9.3%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.66&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.43&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">9.3%&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">Average&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.55&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.54&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">0.4%&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.42&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">2.54&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 9pt; FONT-FAMILY: asap">-4.6%&nbsp;</FONT></TD></TR></TABLE></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>SIGNATURE </B></FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV style="TEXT-INDENT: 0%" align=left><FONT color=#000000 size=3 face="Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. </FONT></DIV>

<DIV style="TEXT-INDENT: 0%" align=left><FONT color=#000000 size=3 face="Times New Roman">Date: July 19, 2017</FONT></DIV>

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   <TD vAlign=top width="43%" colSpan=3>

   <DIV style="MARGIN-LEFT: 36%; TEXT-INDENT: -2%"><FONT color=#000000 size=2 face="Times New Roman">AM&#201;RICA M&#211;VIL, S.A.B. DE C.V. </FONT></DIV></TD></TR>

<TR>

   <TD height=16 width="3%"></TD>

   <TD width="3%"></TD>

   <TD width="37%"></TD></TR>

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   <DIV style="MARGIN-LEFT: 2%; TEXT-INDENT: -2%"></DIV></TD>

   <TD vAlign=top width="3%"><FONT color=#000000 size=2 face="Times New Roman">By:</FONT><FONT size=1 face="Times New Roman">&nbsp;</FONT></TD>

   <TD vAlign=bottom width="37%" align=center>

   <DIV align=center><FONT color=#000000 size=2 face="Times New Roman">/<SMALL>S</SMALL>/&nbsp;Carlos Jos&#233; Garc&#237;a Moreno Elizondo</FONT></DIV>

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   <TD width="3%"><FONT size=1>&nbsp;</FONT></TD>

   <TD vAlign=top width="3%"><FONT size=2 face="Times New Roman">Name:<BR>Title: </FONT></TD>

   <TD vAlign=bottom width="37%" align=center>

   <DIV align=left><STRONG><FONT color=#000000 size=2 face="Times New Roman">Carlos Jos&#233; Garc&#237;a Moreno&nbsp;Elizondo</FONT></STRONG><FONT color=#000000 size=2 face="Times New Roman"></FONT></DIV>

   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman"><B>Attorney-in-fact</B></FONT></DIV></TD></TR></TABLE></DIV>

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<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
